The search for Peter Orszag’s successor at the Office of Management and Budget hasn’t gotten a lot of attention. But it should. If the administration is talking about a policy change that involves spending or raising money, as most policy changes do, then the OMB director is going to be part of that discussion. As my colleague Noam Scheiber has reported, the two leading candidates to take over OMB have been Gene Sperling, a senior Treasury Department aide who held several positions in the Clinton Administration, and Laura Tyson, a Berkeley economist who also served under Clinton.
The first-day stories on Peter Orszag’s looming departure from OMB highlighted a number of possible successors.