Biden White House alums Brian Deese and Mike Pyle influence Harris economic policy.

Biden White House alums Brian Deese and Mike Pyle influence Harris economic policy.
Biden White House alums Brian Deese and Mike Pyle influence Harris economic policy.
  • Vice President Kamala Harris is receiving economic policy advice from former National Economic Council director Brian Deese.
  • Deese is among a small group of advisors helping Harris and her team.
  • Deese previously worked as President Joe Biden's National Economic Council director.

Vice President Kamala Harris is receiving economic policy advice from economist Brian Deese, as confirmed by three sources.

Deese was a former director of President Biden's National Economic Council and a fellow at MIT's Center for Energy and Environmental Policy Research.

In the near future, Harris intends to unveil her presidential campaign's initial comprehensive plan, which emphasizes improving the lives of the middle class.

Harris and her team have been working on the policy plan with Deese as a key advisor and sounding board, according to sources who requested anonymity to discuss internal campaign operations.

Harris is collaborating with Mike Pyle, a former deputy National Security Advisor for International Economics in the Biden White House, according to sources.

Both Deese and Pyle, alumni of BlackRock, bring their key Wall Street experience to the Harris team. Pyle was previously the global chief investment strategist at BlackRock, while Deese served as the company's head of sustainable investing for three years.

Deanne Millison, who was Harris' chief economic adviser until 2023, has returned to the fold and is now working as a lobbyist for Ford Motor Co.

Ford did not respond to a request for comment.

In addition to Pyle and Deese, former senior Treasury official Brian Nelson and longtime White House senior advisor Gene Sperling are also advising Harris on policy.

As Biden's vice president for the past three years, Harris has been a vocal champion of his economic recovery plan, both across the country and around the globe. Deese is part of a small group of advisors who are helping Harris and her team develop policy proposals that dovetail with Biden's broader economic agenda.

Since becoming the Democratic nominee, Harris has not provided any clear signs of how she might adjust Biden's economic plan to create a slightly different version.

Last week, her barnstorm tour of battleground states focused more on general issues rather than specific details such as tax policy and job creation.

Charles Lutvak, a spokesman for the Harris campaign, provided CNBC with policy outlines based on her recent remarks to reporters on a tarmac and a speech she gave in Atlanta two weeks prior, where she hinted at some of her possible policy topics.

In his speech, Harris discussed price gauging, corporate landlords, and battling pharmaceutical companies.

Deese played a key role in the Biden administration's economic response to Covid-19, which involved the enactment of trillions of dollars in stimulus and tax credits that helped the U.S. economy recover more quickly than almost any other country.

He assisted in guiding crucial economic bills, such as the Inflation Reduction Act and the CHIPS Act, through Congress, which are significant components of Biden's legacy during his time in the White House.

Deese's career in Democratic economic policy work stretches over several decades.

He commenced his career as an economic policy analyst at the liberal research organization, Center for American Progress.

He worked on multiple Democratic presidential campaigns, including those for John Kerry in 2004 and Barack Obama in 2008.

He eventually became one of Obama's senior advisors after joining the White House.

Deese played a crucial role in negotiating the Paris climate agreement under Obama, making him a valuable economic advisor with a focus on climate change, which aligns well with the Biden administration's agenda.

by Brian Schwartz

Politics