*EPF306 01/03/01
President-Elect Bush Names Lawrence Lindsey As Economic Adviser
(Lindsey is former Federal Reserve Board member) (290)

Washington -- President-elect George W. Bush has announced his intention to name Lawrence Lindsey, a former member of the Federal Reserve Board, to be assistant to the president for economic policy.

Lindsey will serve as a top economic policy adviser to Bush. He will also oversee the National Economic Council, a White House office set up in 1993 by President Clinton to manage economic policy-making, said Andrew Card, Bush's incoming chief of staff.

Lindsey advised Bush on economic issues throughout his presidential campaign and helped to craft the president-elect's $1,300,000 million tax cut proposal.

Lindsey, 46, served as a member of the Board of Governors of the Federal Reserve System from November 1991 to February 1997. Prior to joining the Board, he was a special assistant to the president for policy development during the Bush administration. From 1993 until his departure from the Federal Reserve, he also served as chairman of the board of the Neighborhood Reinvestment Corporation, a national public/private community redevelopment organization.

During the Reagan administration, Lindsey served three years on the staff of the Council of Economic Advisers as the senior staff economist for tax policy. He is a former professor of economics at Harvard University and currently serves as a resident scholar at the American Enterprise Institute, a Washington policy research organization.

Lindsey graduated magna cum laude from Bowdoin College and earned his Masters and Ph.D. in economics from Harvard University.

He and his wife, Susan, have a son, Troy, and daughter, Emily.

(The Washington File is a product of the Office of International Information Programs, U.S. Department of State. Web site: http://usinfo.state.gov)
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