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.
Senate Budget Chairman Michael B. Enzi spearheaded the selection and is expected to announce the appointment later this week.
Swagel will replace Keith Hall, the current CBO director whose four-year term officially ended Jan. 3. Hall continued on in a temporary capacity while Budget Committee leaders in both chambers deliberated on his successor.
Enzi and the other three panel leaders —...