November 28, 2008
Posted: November 28th, 2008 11:50 AM ET
From CNN Ticker Producer Alexander Mooney
Rove praised Obama's economic team.
(CNN) - President-elect Barack Obama is drawing early praise from former top Bush-aide Karl Rove. Rove, widely credited with orchestrating President Bush's two successful presidential campaigns, writes in a Wall Street Journal op-ed that Obama has assembled a "first rate" economic team that has "provided surprisingly positive clarity." Specifically, Rove praises Obama's choice of New York Fed Chairman Timothy Geithner for Treasury Secretary and Obama's pick of Larry Summers, the former Treasury Secretary and President of Harvard University, as chief of the National Economic Council. "Monday's announcement of Mr. Obama's economic team was reassuring," Rove writes. "He's generally surrounded himself with intelligent, mainstream advisers. Investors, workers and business owners can only hope that, over time, this new administration's economic policies bear more of their market-oriented imprint." Rove also offers praise of Berkley Economics Professor Christina Romer as Obama's choice to head up his team of economics advisers. But Rove criticizes the choice of Melody Barnes, a former aide to Sen. Ted Kennedy, as Domestic Policy Council Director. "Putting a former aide to Ted Kennedy in charge of health policy after tapping universal health-care advocate Tom Daschle to be Health and Human Services secretary sends a clear signal that Mr. Obama didn't mean it when his campaign ads said he wouldn't run to the "extremes" with government-run health care," Rove writes. Filed under: Barack Obama
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