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May 16, 2019 at 03:14 PM
U.S. Capitol building. (Photo: Mike Scarcella/ALM)
Phillip Swagel has been appointed to replace Keith Hall as director of the Congressional Budget Office, Rep. John Yarmuth. D-Ky., chairman of the House Budget Committee, along with with Senate Budget Committee Chairman Mike Enzi, R-Wyoming, said Wednesday.
Swagel, the current professor of International Economic Policy at the University of Maryland School of Public Policy, will serve a term from June 3, 2019, until Jan. 3, 2023.
Swagel served in the Treasury Department under President George W. Bush and played a key role in the Troubled Asset Relief Program.
“For more than 40 years, the Congressional Budget Office has played a vital role in providing Congress with nonpartisan and high-quality analysis, helping us to make informed decisions on fiscal policy,” said Yarmuth, in a statement. “I want to thank Dr. Keith Hall for his stewardship of the CBO these past four years, and I am confident Dr. Phillip Swagel will ensure the office continues to fulfill its important mission. I look forward to working with him.”
