Obama Plans to Name Volcker

"President" Obama pland to name former Fed Chair Paul Volcker to lead a new White House economic advisory committee.

Mr. Volcker, 81, has been providing Mr. Obama advice on the economy for months. After briefly considering him for Treasury secretary, Mr. Obama instead asked Mr. Volcker to lead the President’s Economic Recovery Advisory Board, a panel comprised of officials from a variety of business sectors. The group is tasked with providing Mr. Obama advice for how to jumpstart the economy and stabilize the financial markets.

If there is any economy left after the Bush Administration, Obama has quite the team.

Source: NYT