Obama defends selection of Washington insiders in his administrationNovember 27th, 2008 - 5:49 pm ICT by ANI
Chicago, Nov.27 (ANI): US President-elect Barack Obama has defended his decision to select people with an inside working knowledge of Washington, especially those selected for his new economic team.
“I suspect the American people would be troubled if I selected a treasury secretary or a chairman of an economic council at one of the most critical economic times in our history who had no experience in government whatsoever,” Fox News quoted Obama as saying at a news conference to announce former Federal Reserve Chairman Paul Volcker as the head of his new economic advisory board.
“What we”re going to do is combine experience with fresh thinking. We need people who will be able to hit the ground running,” Obama added.
Volcker, 81, will head Obama’’s Economic Recovery Advisory Board, which will advise him on ways to create jobs and bring stability to the ailing financial system. He is just one of many familiar names in Washington whom Obama ias tapped to join the next administration.
The board’’s top staff official will be Austan Goolsbee, a University of Chicago economist and longtime Obama adviser.
On Tuesday, Obama introduced Congressional Budget Office Director Peter Orszag as his candidate to run the White House Office of Management and Budget. The president-elect also pledged a “page-by-page, line-by-line” budget review to root out unneeded spending.
On Monday, Obama tapped New York Federal Reserve President Tim Geithner to be his treasury secretary and named several other top economic advisers.
With his economic team largely complete, Obama is expected to introduce his national security officials, including Hillary Rodham Clinton as his secretary of state, next week. Aides said Clinton has not yet formally accepted Obama’’s offer, but transition officials have indicated that her nomination is on track.
Obama also is expected to announce that he has asked Defense Secretary Robert Gates to remain at the Pentagon for a year and that James Jones, a former Marine Corps commandant and NATO commander, will be national security adviser. (ANI)
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