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'Sheriff Joe' Biden to name coordinator to oversee $1 trillion in infrastructure bill

EconomyNov 12, 2021 05:05PM ET
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© Reuters. U.S. President Joe Biden holds a Cabinet meeting to discuss the implementation of the $1 trillion infrastructure bill at the White House in Washington, U.S., November 12, 2021. REUTERS/Kevin Lamarque     

By Andrea Shalal

WASHINGTON (Reuters) - U.S. President Joe Biden said he would appoint a coordinator next week to oversee spending under a $1 trillion infrastructure bill, a role similar to one he held under former President Barack Obama that earned him the nickname "Sheriff Joe."

Biden told reporters he had called his Cabinet members together to hammer home the need to ensure that the funding, and $1.75 trillion in a separate social and climate measure still working its way through Congress, were used wisely.

"One of our biggest responsibilities is to make sure the money is used efficiently and effectively," he said at the start of a meeting. "If we do it right, we know what it'll mean ... we'll create millions of new jobs and grow the economy."

Biden said he would sign the infrastructure measure on Monday at a bipartisan ceremony, potentially outside, and expressed confidence that it would improve U.S. competitiveness versus China and other countries, while easing inflation that has spiked in recent months.

White House spokesperson Jen Psaki said the person who would oversee implementation of the newly passed U.S. infrastructure bill would come from outside the administration, but gave no further details.

Biden often talks about his role overseeing implementation of a $787 billion stimulus act while serving as vice president under Obama, a measure that he said resulted in less than .2% waste and fraud.

"Friends started calling me Sheriff Joe ... because I made it a point every day to stay on top of how exactly the money was spent, what projects were being built, and what projects were not being built, and how it was functioning," he said.

Biden earlier this year named former long-term economic adviser Gene Sperling to oversee implementation of $1.9 trillion COVID-19 relief package, and named Jeff Zients, a former Obama official, to head his administration's overall COVID-19 response.

'Sheriff Joe' Biden to name coordinator to oversee $1 trillion in infrastructure bill
 

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Comments (9)
Alan Rice
Alan Rice Nov 14, 2021 2:55PM ET
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Yeah. The broadband IS a good idea.
Meself Meself
Meself Meself Nov 13, 2021 11:43AM ET
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. 1 of each dollar will actually create growth, more wealth transfer to the billionaires
David Bowie
Defcon2 Nov 12, 2021 11:37PM ET
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"Senile Joe"
Trevor Roberts
LimitUp Nov 12, 2021 7:21PM ET
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Hunter is a superb choice to keep an eye on the money.
lance Lalonde
lance Lalonde Nov 12, 2021 6:11PM ET
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Clueless Joe fits better
Matthew Goff
Matthew Goff Nov 12, 2021 5:23PM ET
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This puppet is such a disgrace.
Connecticut Yankee
A_Jaundiced_Eye Nov 12, 2021 5:00PM ET
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"...make sure the money is used efficiently and effectively..." Ha Ho Ho Ho.  Too funny. Stop it, Joey, you're killin' me Smalls !
Ricardo Diogo
Rcd72 Nov 12, 2021 4:31PM ET
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spend wisely? start by seeing what is the FED purchases for? wake up sleepy!!!
Michael Mcdonough
Michael Mcdonough Nov 12, 2021 3:19PM ET
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WSJ hasnt seen this level of incompetence since Jimm Carter
Glenn Ebersole
Glenn Ebersole Nov 12, 2021 3:19PM ET
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Trump incompetence Trump's all.
Me comment
Me comment Nov 12, 2021 3:19PM ET
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Oh yes it preceded Biden known as trump.
Co Gonz
Co Gonz Nov 12, 2021 3:19PM ET
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you must be a horrible investor if you can't follow economic data and trends
 
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