CHICAGO - Citing an "economic crisis of historic proportions," President-elect Barack ObamaBarack Obama urged Congress to pass a costly, job-creating stimulus bill as quickly...
President-elect Barack Obama took his first major step toward addressing the US financial crisis, presenting the team that will steer his economic policies and navigate a potentially deep recession.
Obama advisers decline to detail publicly just how large the stimulus would be. But several senior aides have pointed to analyst reports calling for $500 billion to $700 billion to be injected into the economy. ...
Geithner, 47, became a close adviser to Obama at the height of the crisis on Wall Street in September. He was instrumental in efforts to prevent a collapse of the financial system, helping steer federal bailouts of Bear Stearns and ...
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