by Calculated Risk on 1/05/2011 10:27:00 PM

Gene Sperling is expected to be named chairman of the Council of Economic Advisers on Friday - succeeding Larry Summers.

From the NY Times: Obama Turning to Experienced Hands as He Remakes Staff

Gene Sperling, a counselor to Treasury Secretary Timothy F. Geithner, was expected to be named on Friday as the director of the National Economic Council, the top economic policy job inside the White House. Mr. Sperling also held the position in the Clinton administration.

And some background from David Leonhardt at Economix: Gene Sperling 101