Obama to Meet With Economic Advisers

President-elect Barack Obama is meeting with his team of economic experts today to discuss the first steps toward healing a the weakened U.S. economy as he continues the formible task of putting together a new administration.

“We’re not starting from nowhere,” said Lawrence Summers, a Treasury secretary under President Bill Clinton and one of the 17 members of Obama’s transition economic advisory board who will attend the meeting. “Throughout his campaign the president-elect has been talking about what we need to do. We need to put the middle class at the center of the policy approach in a way that it hasn’t been these last years,” Summers told NBC’s “Today.”

Leaders attending the meeting include Richard Parsons, chairman  of Time Warner; Roger Ferguson, president and CEO of TIAA-CREF; Robert Reich, former secretary of the Department of Labor; Robert Rubin, chairman and director of the executive committee at Citigroup and a former secretary of the Department of Treasury. Warren Buffett will participate via speakerphone.

Immediately following the meeting, Obama will hold his first news conference as president-elect.

Since he was elected president Tuesday, Obama has been meeting with his transition team and receiving daily intelligence briefings.

Yesterday, Rep. Rahm Emanuel, a fellow Chicagoan known for his take-no-prisoners attitude, was named White House chief of staff. The choice of Emanuel is a significant departure from the soft-spoken, low-key aides that “No-Drama Obama” surrounded himself with during the campaign, writes the Associated Press. And transition chief John Podesta, like Emanuel, is a former top aide to President Clinton and a tough partisan infighter, though less bombastic than the new chief of staff.

Obama would make any any personnel announcements today.

Earlier today, Obama and his wife, Michelle, attended a parent-teacher conference at the University of Chicago Lab School where their daughters, Malia and Sasha, are students.

Deborah Creighton Skinner is the Editorial Director at BlackEnterprise.com


One Response to Obama to Meet With Economic Advisers

  1. Maurice Dean says:

    Folks, I know we should give the brother some room, but I don’t like the fact that the first folks he’s surrounding himself with are all from a single ethnic/religous group. …smells quite bad…

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