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Facing Crisis, Obama Moves Quickly to Fill Economic Posts

In the face of the deepening financial crisis and the largest Wall Street swindle in history, President-elect Barack Obama acted swiftly to fill three key economic posts. He announced his appointments at a press conference this morning in Chicago.
“The regulators who were assigned to oversee Wall Street dropped the ball” in this economic downturn and [...]


Congress Digs Obama’s Economic Picks

The statements are dribbling in slowly, but the common verdict from members of Congress surrounding the economic team put together by President-elect Barack Obama seems to be one of undying love — from both sides of the aisle.
Sen. Max Baucus (D-Mont.), chairman of the Senate Finance Committee, said the team “has the makings of the [...]