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 unveiled his economic team Monday and said they would begin work immediately on an economic stimulus package. Obama declined to specify how much money the plan would cost the federal government, but he said it needs to be...
With the economy in crisis, President-elect Barack Obama urged the new Congress to pass a quick economic stimulus bill, pledged help for the troubled auto industry and blessed the Bush administration's bailout of the financial industry. At a news...
President-elect Barack Obama sought to reassure the nation and nervous holiday shoppers about the ailing economy Wednesday as beleaguered stores braced for their most important month of the year. "Help is on the way," he proclaimed at his third news...
As he unveiled another component of his strategy to lift America out of the worst economic crisis since the Great Depression, President-elect Barack Obama pushed back Wednesday against questions that he is recycling too many Washington insiders into...
President-elect Barack Obama has decided to appoint former Federal Reserve Chairman Paul Volcker to head a new White House advisory board on economics, The Wall Street Journal and others reported Wednesday. The board will be charged with helping to...
The board would advise him on ways to create jobs and bring stability to the ailing financial system. On Tuesday, Obama introduced Congressional Budget Office Director Peter Orszag as his candidate to run the White House Office of Management and...
Former Federal Reserve chairman Paul Volcker will head a new White House panel to help President-elect Barack Obama create jobs and bring stability to the ailing financial system. Volcker, 81, will head the President's Economic Recovery Advisory...
News Source: International Business Times
| about 1 year ago
Obama was expected to introduce members of the advisory board Wednesday at a news conference, his third in as many days as Americans moved into the long Thanksgiving weekend. It was a remarkable burst of public activity for Obama, who has sought to...
President-elect Barack Obama Monday unveiled his economic team pick to shore up financial markets and tackle the worst financial crisis since the Great Depression in 1930s...President-elect Barack Obama on Monday put University of California...
Defense Secretary Robert Gates is set to stay on in the top Pentagon job, for at least the first year of the Obama administration, ABC News reported Tuesday. "It is a done deal," a source close to the process was quoted as saying.
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