So, no, Biden didn't nominate Bruce Reed to head OMB.
Instead, he nominated Neera Tanden! Matt Taibbi:
Tanden is famous for two things: having a puddle of DNC talking points in place of a cerebrum, and despising Bernie Sanders.
Walker Bragman, discussing it at Jacobin:
Likely OMB nominee Neera Tanden called for cuts to Social Security, saying “we need to put both entitlements on the table as well as taxes.”
Biden — who has repeatedly pushed for Social Security cuts throughout his career — announced his selection of Center for American Progress (CAP) president Neera Tanden as his choice to run the powerful White House Office of Management and Budget (OMB). A longtime aide to Hillary Clinton, Tanden touted her think tank’s 2010 proposal to reduce Social Security benefits in 2012, as Biden was pushing for such cuts in the Obama administration.
The Reuters article on Biden's nomination of Tanden argues, though, that:
The (Biden) team’s makeup reinforces Biden’s view that a more aggressive approach to the pandemic is required. The advisers have all expressed support for government stimulus to maximize employment, reduce economic inequality and help women and minorities, who have been disproportionately hurt by the economic downturn.
The Wall Street Journal has a paywalled article on this nomination, and there's simply no way I'd subscribe to WSJ online, but I can see the beginning: "President-elect Joe Biden intends to nominate a team of liberal and centrist economic advisers..." It's important to see how the establishment media works this in: the nomination of Neera Tanden is presumably going to be part of a pandemic team, and the team is going to be "liberal and centrist." Do these mainstream news media sources actually discuss policy? Probably not.
In the Politico article, the head of Justice Democrats suggests a half-a-loaf approach:
“Neera Tanden is not a pick progressives would have chosen, but she’s better than Bruce Reed,” said Alexandra Rojas, executive director of the left-wing group Justice Democrats, in a statement. “Tanden’s on the record over the past several years pushing back against nonsensical worries about the deficit. Reed has been more of an ideological deficit hawk throughout his career.”
And amusingly enough:
I guess this serves three purposes for Warren: 1) supporting someone from Massachusetts, which she's expected to do as a Senator from Massachusetts, 2) endorsing someone who worked hard to try to ruin Bernie Sanders while working as a protege of Hillary Clinton, and 3) cementing her reputation as a team player.
Glenn Greenwald sums it up:
The announcement that Joe Biden intends to nominate Neera Tanden as his Director of the Office of Management and Budget — a critical position overseeing U.S. economic and regulatory policy — triggered a wide range of mockery, indignation and disgust from both the left and the right. That should not be surprising: though a thoroughly mediocre and ordinary D.C. swamp creature from the perspective of both ideology and competence, Tanden’s uniquely unhinged, venomous, corrupt and pathologically dishonest conduct as a Clinton Family and DNC apparatchik and President of the corporatist-and-despot-funded Center for American Progress (CAP) has earned her a list of enemies far longer and more impressive than her accomplishments.
What we are looking at, no doubt, is an attempt to pour the foundations of the Biden White House as another meeting place for neoliberal social climbers whose public face is "liberal and centrist" and whose aim in life is to be eternal junior partners to Republican neoliberal social climbers, who are at least not hobbled by the millstone of having to appeal to people who don't really like their policies.
Gee, I guess we could support the People's Party instead of endlessly having to support either one group or another of neoliberal social climbers -- but where's the career opportunity in that?