In this file photo dated May 7, 2013, Gene Sperling, director of the National Economic Council, is speaking in Washington.
Charles Dharapak | AP
Former director of the National Economic Council, Gene Sperling, will oversee the implementation of President Joe Biden’s $ 1.9 trillion coronavirus relief plan, the White House said Monday.
Sperling, who chaired the National Economic Council under Presidents Barack Obama and Bill Clinton, will play a role similar to that of Biden when he was vice president during the 2009 financial crisis. Biden was responsible for initiating the Obama Recovery Act at the time.
According to a senior administrative official, Sperling will work with the heads of the White House political councils and key federal agency executives to help them get the funds required by the Aid Act as quickly as possible and maximize their impact.
The official said the government will work with state and local governments in this effort, much like Biden implemented the Restoration Act over a decade ago.
Biden signed the coronavirus relief package on Thursday.
As reported by CNBC in February, Sperling has been replaced by Neera Tanden as the administration candidate to head the Office of Management and Budget.