Press Release - President Obama Announces Key Administration Post

WASHINGTON – Today, President Barack Obama announced his intent to nominate Carl Shapiro as a member of the Council of Economic Advisors.

President Obama said, "Carl Shapiro has demonstrated knowledge and dedication throughout his career. I am grateful that he has chosen to take on this important role, and I look forward to working with him in the months and years to come."

Once confirmed, Carl Shapiro will replace Cecilia Rouse, who will be leaving the Council of Economic Advisers to return to Princeton University.

President Obama announced his intent to nominate the following individual to a key Administration post:

Carl Shapiro, Nominee for Member, Council of Economic Advisors

Carl Shapiro is the Deputy Assistant Attorney General for Economics at the Antitrust Division of the United States Department of Justice, where he supervises more than fifty Ph.D. economists in the Antitrust Division's Economic Analysis Group. He served previously in this capacity from 1995-1996. Professor Shapiro is on leave from the University of California at Berkeley, where he is the Transamerica Professor of Business Strategy at the Haas School of Business and Professor of Economics in the Department of Economics. He has been a Professor at UC Berkeley since 1990. Prior to joining the Department of Justice, Professor Shapiro consulted extensively for a wide range of clients, mostly in the area of antitrust economics. Professor Shapiro is the co-author, with Hal R. Varian, of the 1999 book, Information Rules: A Strategic Guide to the Network Economy. He earned his Ph.D. in Economics from the Massachusetts Institute of Technology in 1981.