President-elect Obama announces economic team

At a press conference in Chicago today, President-elect Barack Obama and Vice President-elect Joe Biden officially announced key members of their economic team, naming Timothy Geithner as Secretary of the Treasury and Lawrence Summers as Director of the National Economic Council.

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News & Politics

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• President-elect
• Barack
• Obama
• Biden
• Geithner
• Summers
• Romer
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[EuthanizeReligion]

Great Job Mr Obama.

[josuerodriguez1981]

I know you can , we need your help obama plz . we need jobs

[uniloop]

ONLY problem with the economy = Federal Reserve Bank

[hun33y]

Assigning the same people that got us into this mess doesnt mean that it wont be changing. Obama differs alot from Bush- you do the comparison. Barack most likely has different ideas. He might listen to ppl around him, but he doesnt necessarily have to act as they tell him to. cmon, you should know that. oh and...what does the US really produce these days?? Well, movies hahah

[hun33y]

bigup :D

[mongobobo]

It is funny that people thought that McCain would be a 3rd Bush term. In fact, Obama seems to be constructing a Bush 3rd term. This country is in big trouble now.

[mongobobo]

It is funny that people thought that McCain would be a 3rd Bush term. In fact, Obama seems to be constructing a Bush 3rd term. This country is in big trouble now.

[digme1]

what a farce! i posted two comments of dissent and they are not here...haha

[digme1]

please people, if he is assigning the same people that got us into this mess, how in the world do you think he is going to change? those same people will give him advice that would lead us to more spending less saving and this illusion of wealth that is created by the trading of paper, instead of real production. What does the US really produce these days? think about it.

[digme1]

really??? i laughed at bush when my parents went to elect him in 2000, just because he was a christian.... and i am going to laugh in sadness i might add now.... talk about the fox guarding then hen house... Tim geithner- yeah why not let the Fed get audited? summers- one word, Gibson's paradox... and Mary Schapiro- oh i forgot, she was the regulator... she is no outsider... the same old thing happening before our eyes...

[daveibukun]

This guy is the perfect guy for America at this time, see how quick he has hit the ground running. He has brought in a lot of smart guys to handle the problem.

[daveibukun]

When you are in an economic crisis, you want the best and most experienced people and not newbies who probably don't know there left from there right.

Lawrence Summers (who is actually smarter than Geithner who also happens to be a genius), Timothy Geithner and Paul Volcker (who fought inflation in the Reagan administration) are some of the smartest in the world.