Morning Update: Stimulus Reactions
Senior International Monetary Fund economist Olivier Blanchard endorsed (WSJ) President-elect Barack Obama’s economic stimulus plan, saying the size of the program “corresponds roughly to what we think is needed.”
Senior International Monetary Fund economist Olivier Blanchard endorsed (WSJ) President-elect Barack Obama’s economic stimulus plan, saying the size of the program “corresponds roughly to what we think is needed.”
President-elect Barack Obama spoke with Secretary of State Condoleezza Rice by phone Sunday to discuss the situation in Gaza (CNN).
President-elect Barack Obama and Vice President-elect Joe Biden announced the nomination of several additional members of their national security team on Tuesday. Former Clinton administration officials James Steinberg and Jacob Lew are Obama’s picks to serve as deputy secretaries of state under Hillary Clinton. Thomas Donilon is the nominee for deputy national security adviser, and Antony “Tony” Blinken is the nominee for national security adviser to Biden.
President-elect Barack Obama announced his nomination of Rep. Ray LaHood (R-IL) to the post of transportation secretary on Friday at a Chicago press conference. LaHood, who has represented Illinois’ 18th congressional district since 1995, is the first Arab-American to be chosen for a seat in Obama’s cabinet.
“Today’
s actions are a necessary step to help avoid a collapse in our auto industry that would have devastating consequences for our economy and our workers. With the short-term assistance provided by this package, the auto companies must bring all their stakeholders together — including labor, dealers, creditors and suppliers — to make the hard choices necessary to achieve long-term viability. The auto companies must not squander this chance to reform bad management practices and begin the long-term restructuring that is absolutely required to save this critical industry and the millions of American jobs that depend on it,”
Former Dallas Mayor Ron Kirk is reportedly President-elect Barack Obama’s choice for U.S. Trade Representative (AP). Kirk is currently a partner at Houston law and lobbying firm Vinson and Elkins.
President-elect Barack Obama is expected to announce the nomination of Mary Schapiro (LAT) as chairman of the Securities and Exchange Commission on Thursday. Schapiro is currently chief executive of the Financial Industry Regulatory Authority, a non-governmental securities regulating body.
The Bush administration has prepared more than a dozen memorandums (NYT) containing contingency plans to help President-elect Barack Obama deal with a variety of international crisis scenarios that could occur in his first days in office.
President-elect Barack Obama’s newly announced energy and environmental leaders are not likely to lack for ideas for addressing energy and climate change concerns, given the public interest reflected on change.gov, the transition’s own website. A new feature of the site, Your Seat at the Table, allows organizations and members of the public to track the transition’s daily activities, and to leave comments and post policy ideas for Obama’s team.
President-elect Barack Obama announced his nominees (Bloomberg) for energy secretary, Environmental Protection Agency chief, and head of the White House Council on Environmental Quality at a press conference in Chicago on Monday. The Los Angeles Times looks at reactions to the picks among scientists and environmental groups.
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