U.S. President Barack Obama on Friday announced the appointment of Gene Sperling as Director of the National Economic Council (NEC).Sperling has been working in the Obama administration for the past two years and helped in the efforts to pass the small business jobs bill to help companies all across America and negotiate the tax compromise passed at the end of last year.
This would be the second tenure of Sperling in the NEC. During the Clinton Administration, he helped formulate the policies that contributed to turning deficits to surpluses.
