Two Cornell alumni were chosen Sunday to fill senior posts in the Treasury Department, which faces the daunting task of saving the nation’s crumbling economy. President Barack Obama nominated Alan Krueger ’83 as the assistant secretary for economic policy and David Cohen ’85 as the assistant secretary for terrorist financing.
Apart from Krueger and Cohen, Obama also chose Kim Wallace to be the assistant secretary for legislative affairs. The three positions will only be made official after a confirmation from the Senate.
“With the leadership of these accomplished individuals and our whole economic team, I am absolutely confident that we will turn around this economy and seize this opportunity to secure a more prosperous future,” Obama said in a White House press release.