Law Professor (Cass Sunstein) to Take Top Regulatory Post

[depakid]

Source: NY Times

Cass Sunstein, a leading constitutional scholar, said on Thursday he had agreed to take the post of regulatory czar in the incoming Obama administration, overseeing all governmental regulations.

The Harvard Law School professor will lead the White House Office of Information and Regulatory Affairs, an agency expected to assume a big role in Washington following recent financial scandals and turmoil on Wall Street. "Confirmed," Sunstein wrote Reuters by e-mail when asked if he had agreed to the job.

Sunstein, 54, an informal adviser to Democratic President-elect Barack Obama and longtime friend, is regarded as a pioneer in the field of law and behavioral economics, which seeks to shape regulatory policy around the way people behave.

Obama, who takes office on January 20, has said regulatory reform would be one of his earliest initiatives and he would release a detailed plan for regulatory changes. He promised last month to strengthen financial regulatory agencies and to crack down on runaway "greed and scheming" in a bid to restore stability to a reeling U.S. economic system.

Read more: http://www.nytimes.com/reuters/2009/01/08/washington/po...

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Interesting choice.

[DeepModem Mom]

1. K&R

[applegrove]

2. Woohoo!