Rosen takes over at CEA

The White House announced on Wednesday 23 February that Harvey Rosen, a member of the White House Council of Economic Advisers, will take over as CEA chairman from the departing Greg Mankiw.

It is expected that Mr Rosen will serve until the summer, when his leave from Princeton comes to an end. Federal Reserve governor Ben Bernanke remains a leading candidate to take over full-time.

Dr Rosen was nominated by President Bush on July 15, 2003 and confirmed by the United States Senate on October 17