President-Elect Barack Obama held his third press conference in as many days today to announce some more of the brilliant economic minds he has chosen to surround himself with. Former Federal Reserve chairman Paul Volcker will head up the President's Economic Recovery Advisory Board, and the board's top staff official will be Austan Goolsbee.
President-elect Barack Obama named a board of economic experts from outside the government to advise him, in his latest bid to reassure nervous consumers and financial markets that he will bring swift economic relief as president.
Obama made the announcement Wednesday in Chicago at a morning news conference in which he tried to reassure Americans that "help is on the way" for the economy.
"I was elected with the charge of getting this economy back in shape," Obama said Wednesday. "We are going to implement starting Day One when I come into office."
Isn't it nice to finally have some adults in charge?