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Tim Geithner Under the Microscope

Wall Street sure does like the thought of Tim Geithner running the Treasury Dept. next year. (The Dow surged 494 points Friday as the news leaked, and 397 yesterday as the appointment was officially announced.) But, like Sarah Palin before him, the relatively obscure Geithner — who’s headed New York’s Federal Reserve Bank for the [...]


Long-Time Aide Replaces Biden in Senate

Who said cronyism was dead?
Delaware’s governor today tapped a long-time adviser to Joe Biden to fill the Senate seat being vacated by the vice president-elect. Ted Kaufman served in Biden’s Senate office from 1973 to 1994, and currently serves on Biden’s vice-presidential transition team. From Biden’s statement:


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 [...]


Napolitano Not Ruling Out AG Appointment

After Arizona Gov. Janet Napolitano, widely rumored to be the front-runner for the attorney general post in President-elect Barack Obama’s cabinet, spoke at a Subcommittee on Health hearing this morning, I asked her if she was committed to serving out her term as governor, which ends in 2010, or if she would consider a cabinet [...]


Breaking: Obama Announces Transition Team

CHICAGO, Ill. — Barack Obama is presumably enjoying his first day as president-elect, but he also got right to work.
After an hour at Regents Park this morning, Obama hunkered down in a building near his campaign headquarters in downtown Chicago.  The plan is to spend five hours there, according to aide Jen Psaki. Obama will [...]