[cnn-photo-caption image= http://i2.cdn.turner.com/cnn/2008/images/11/26/art.obama26.cnn.jpg caption="Watch Obama on cnn.com/live."](CNN) - President-elect Obama is announcing the creation of an Economic Recovery Board, to be headed by former Federal Reserve Chairman Paul Volcker.
Watch it happen on cnn.com/live
(Update: this event has concluded)
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