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Obama names Zients as acting budget chief

(Xinhua)

09:47, January 18, 2012

WASHINGTON, Jan. 17 (Xinhua) -- U.S. President Barack Obama has named Jeffrey Zients, a deputy director at the Office of Management and Budget (OMB), to be the acting budget chief, heading the OMB, the White House announced on Tuesday.

Zients will take over the OMB from Jacob Lew, who will be the next White House chief of staff. Zients is currently OMB's deputy director for management and chief performance officer.

"I'm pleased to designate Jeff Zients to lead the Office of Management and Budget. Since day one, Jeff has demonstrated superb judgment and has provided sound advice on a whole host of issues," said Obama in a White House statement. "With decades of experience, Jeff has been a tremendous asset to our team and I'm confident in his ability to help us rebuild an economy where hard work and responsibility pay off and the middle class has a chance to get ahead."

Zients was confirmed by the Senate on June 19, 2009 to his current position, and served as OMB's acting director from July- November 2010. By naming him acting chief, Obama could avoid another bitter battle with the Senate Republicans.

Zients has twenty years of business experience as a CEO, management consultant and entrepreneur with a deep understanding of business strategy, operations and process improvement, and financial management, according to the White House.

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