That’s the news, according to Roll Call:
Senate and House budget leaders have chosen Phillip L. Swagel, a University of Maryland economist and former Treasury official in the George W. Bush administration, as the next director of the Congressional Budget Office, according to several sources with knowledge of the discussions.
Phill and I both served on the Clinton and GW Bush Council of Economic Advisers (2000-01) as senior economists, for trade and for international finance, respectively. Phill subsequently served as Assistant Secretary for Treasury in the lead-up to the financial crisis of 2008, as well as chief economist for CEA. Earlier, he served as a economist at the Fed and the IMF.
Phill appears in Econbrowser here: