Dalip Singh, Deputy National Security Adviser for International Economics in the United States, will talk about sanctions against Russia at a press conference at the White House in Washington on February 22, 2022.
Kevin Lamarck | Reuters
US President Joe Biden will welcome a new “Sherpa” on his trip to Germany next week. Former BlackRock strategist Mike Pyle will replace former Washington sanctions Dareep Singh.
Singh, who played a key role in coordinating Western sanctions against Russia over the February invasion of Ukraine at the White House, was the chief global economist and macroeconomic research at Wall Street asset manager PGIM Fixed Income this week. I was in charge. $ 890 billion in assets.
Shin, a National Security Adviser, left the White House in April to “address family problems” and was said to be absent only for a temporary leave of absence.
His role lies between economic policy and national security, leading the work of several federal agencies that have created the most intensive set of sanctions in history for Russia, and the president’s participation in international conferences. Helped to adjust.
Immediately after the first round of sanctions was announced, he was surprised by the incident at his Washington home when someone entered the front yard of his home before escaping, according to someone familiar with the matter. No relationship was established between the case and Shin’s sanctions work.
Authorities set out at a crucial moment of these sanctions, as efforts to block Russia’s oil and gas from international markets could backfire and push the Western economy into recession.
Pyle, who joined the Biden administration as Vice President Kamala Harris’s chief economic adviser, will take on acting-based work and make important adjustments in the absence of Shin when Biden attends the summit of seven rich countries in Germany. Play the role of.
He is one of the three Supreme Administrative Officers who previously worked for investment giant BlackRock, alongside Deputy Secretary of Finance Wally Adeyemo and Director of the National Economic Council Brian Deese.
Progressive groups have sharply criticized Biden for giving Wall Street advisers important financial work.
The White House refused to comment on whether Pile’s mission would be permanent.
Pile, who started his career as a Justice Officer for Merrick Garland when the current Attorney General was a judge in the Federal Court of Appeals, is no wonder about global economic issues.
He worked as a special aide to former President Barack Obama for economic policy and played an important role in the Ministry of Finance and the Office of Management and Budget.
Obama took office in the midst of the global financial crisis. At the White House, Pile also helped manage the administration’s response to the eurozone financial crisis, working on US-China relations, Obama’s groundbreaking health reform legislation, and economic recovery legislation, the biography said. ..