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Friday, November 7, 2008

Obama to announce his pick for some key economic jobs soon

Reuters
November 6, 2008

U.S. President-elect Barack Obama is expected to announce his pick for some key economic jobs soon and may reveal his Treasury Secretary at any time.

Obama has assembled a 17-member transition economic advisory board to help him as he tries to decide who to put on his White House team and how to implement promised measures.

The board includes former Treasury secretaries Robert Rubin and Lawrence Summers, former Labor secretary Robert Reich, Google Inc chairman Eric Schmidt, former Federal Reserve Chairman Paul Volcker and billionaire Warren Buffett.

The market is looking closely at who Obama will name as Treasury Secretary. Top candidates for the job included Timothy Geithner, president of the Federal Reserve Bank of New York, Summers and Volcker.


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