DeSeve to help oversee stimulus money

Edward DeSeve has been chosen as a special adviser to Obama administration officials for putting the stimulus package in place and keeping it on track, White House officials announced.

DeSeve will help Vice President Joe Biden carry out the $787 billion stimulus law, the American Recovery and Reinvestment Act. President Barack Obama put Biden in charge of making sure the law works as officials intended.

DeSeve will coordinate the Office of Management and Budget's efforts to keep the massive project running smoothly, the administration said March 23. He will guide agencies so they work together in spending the stimulus money under the law's guidelines. DeSeve will also be a special adviser to the president.

He will essentially be another inspector general for the stimulus package, complementing the Recovery Accountability and Transparency Board. The board is overseeing agencies to ensure that they track the stimulus money in detail and is responsible for developing the Recovery.gov Web site to collect data from federal, state and local agencies to show how the money is being spent.

DeSeve was formerly OMB’s controller and deputy director for management. In that position, he played a major role in coordinating the government’s approach to dealing with the Year 2000 computer problem. He was also the chief financial officer at the Housing and Urban Development Department.

In the private sector, DeSeve has worked for KPMG Peat Marwick, Affiliated Computer Services and Merrill Lynch Capital Markets.