Published 11/25/2008
at WSJ.com: Washington Wire
President-elect Barack Obama holds the second of two news conferences in as many days, starting at noon EST.
Obama, who will be speaking in Chicago, plans to introduce more members of his economic team, including Peter Orszag as his choice for director of the White House Office of Management and Budget. He is also expected to explain his approach to trimming federal spending.
Orszag is the director of the Congressional Budget Office and had been an economic adviser to former President Bill Clinton .
Obamas news conference comes on a day when the Federal Reserve unveiled a $600 billion effort to increase the availability of home loans by buying direct obligations and mortgage-backed securities from Fannie Mae and Freddie Mac, and a plan to thaw the consumer debt market by lending as much as $200 billion to encourage investors to buy securities backed by credit cards, auto loans and student loans.
On Monday, Obama formally announced he had chosen Timothy Geithner for Treasury ...
(link)
Tags:
Related Content
Palin campaigning for Chambliss
politico.com 11/25/2008 — Blog: Sarah Palin will be headed to Georgia on the eve of the state’s closely-watched Senate runoff to rally Republicans to the polls for Sen. Saxby
Austerity, spending, and no "friendship"
politico.com 11/25/2008 — Obama announced his budget director, Peter Orszag, and deputy, Rob Nabors, at a press conference focused on austerity.
"If we are going to make the investments we need, we are going to have to shed the spending that we don’t need," he said.
He didn't detail cuts, though he ...
SCOTT HORTON—John Brennan for CIA? Think Again
harpers.org 11/25/2008 — Today at a press conference in Chicago Barack Obama introduced his economic team. The market reacted by giving the president-elect a big kiss, with the Dow closing up about 400 points. The team shaping up behind the new president will reassure many; ...
Learning from President Bush's mistakes - Ari Melber
politico.com 11/25/2008 — Many Washington Republicans and Democrats agree on one maxim for President-elect Barack Obama: This is no time to look back at the past administration s rocky record on executive power and the rule of law. Republicans caution against protracted, ...
Obama Approval Index History
rasmussenreports.com 11/25/2008 — Date Presidential Approval Index Strongly Approve Strongly Disapprove Total Approve Total Disapprove 12/04/2008 +28 42% 14% 67% 30% 12/03/2008 +27 42% 15% 67% 30% 12/02/2008 +25 41% 16% 65% 32% 12/01/2008 +24 41% 17% 64% ...
Orszag named OMB director —
First Read 11/25/2008
From NBC's Domenico Montanaro As expected, Peter Orszag , director of the Congressional Budget Office, was named as President-elect Obama 's Office of Management and Budget Director, the Obama transition team announced today.
Rob Nabors , ...
Follow BeltwayBlips on Twitter
