Obama poised to name another economic advisor
[cnn-photo-caption image= http://i2.cdn.turner.com/cnn/2008/images/11/24/art.romer24.cnn.jpg caption="Romer was named to Obama’s economic team Monday."](CNN) - CHICAGO, Illinois (CNN) - Sources close to the Obama transition team say Berkeley Economics Professor Christina Romer will be the Chair of the President's Council of Economic Advisers.
What makes this selection more interesting than some of the other Obama picks is she's a female, a California academic, and a Washington outsider.
An important distinction is that this is different than the job Lawrence Summers is expected to get as director of the National Economic Council.
The Council of Economic Advisers is a group of economists, including three who are appointed by the president and need Senate confirmation, who advise the president on economic policy.
The CEA is part of the executive office.
The National Economic Council (NEC) coordinates the president's economic policy between the department of Housing and Urban Development, Health and Human Services, Labor, Treasury, and the Federal Deposit Insurance Corporation, among others.
The Summers appointment does not require confirmation.
SAM – I THINK YOU ARE A FAKE JUST LIKE "JOE THE PLUMMER" YOU MUST HAVE BEEN PLANNED ON THE BLOG BY THE REPLUBLICANS BECAUSE OBAMA IS NOT AND I REPEAT NOT!!!! IN OFFICE YET SO, WHAT ARE YOU TALKING ABOUT. GETTING OUT OF THIS MESS IS NOT EASY, PLEASE ALL OF YOU GIVE THE MAN TIME JUST AS YOU WOULD WANT SOMEONE TO GIVE YOU. LOOK IN THE MIRROR AND ASK YOURSELF HAVE YOU EVER CLEARED UP A MESS OVERNITE DONE BY SOMEONE ELSE. AND SURELY ENCLUDED MYSELF ANSWER IS NO!!!!!!!!!!!!!
at least he picked a DC 'outsider' ,for a change. with all the clintons and republicans he's picked, so far, i aint seein' much change in the future.
I think that we will be hearing more stories like Sam has posted here.
President-elect Obama hasn't even taken office yet. So why the grilling on his choices? Lets give him a chance to see what they can do as a team.
bye bye america
Very smart move by Obama.
Lawrence Summers is the one Obama really wants on his economic team, but Obama doesn't want to subject Summers to the Senate politically correct lynchmob regarding Summers' comments about women in science. So Obama has appointed Summers to a job which does not require a Senate hearing.
Someone has given Obama very sound advice indeed.
Reagan raised taxes higher than any other president only he called it "REVENUE ENHANCEMENT" and we let him get away with it.
Shame on us!
Can't wait to see him being sworn in. what an excellent President he will be for the USA.
WWWOOOOOOOWWWWW go Obama '08-'16