Obama to tap new top economist

(CNNMoney) - President Obama is set to name Jason Furman as the chairman of the Council of Economic Advisers, the fourth person to hold the top economics post since Obama took office.

Furman has served as assistant to the president for economic policy and as principal deputy director of the National Economic Council, a post he has held since the beginning of the administration. During his time in the White House, he has helped craft the stimulus bill passed in the administration's early days and was a major contributor to the shaping of health care reform legislation.