Our next president is giving his first press conference focusing on the economy this afternoon. His initial statement concluded with these words:
Let me close by saying that I do not underestimate the enormity of the task that lies ahead. We have taken some major actions to date, and we will need further actions during this transition and subsequent months. Some of those choices will be difficult, but America is a strong and resilient country. I know that we will succeed if we put aside partisanship and work together as one nation. And that is what I intend to do.
Obama is joined on the stage by his economic team:
William Daley - Chairman of the Midwest, JP Morgan Chase; Former Secretary, U.S. Dept of Commerce, 1997-2000
Robert Reich - University of California, Berkeley; Former Secretary, U.S. Dept of Labor, 1993-1997
Penny Pritzker - CEO, Classic Residence by Hyatt
Roger Ferguson - President and CEO, TIAA-CREF and former Vice Chairman of the Board of Governors of the Federal Reserve
Lawrence Summers - Harvard University; Managing Director, D.E. Shaw; Former Secretary, U.S. Dept of Treasury, 1999-2001
Anne Mulcahy - Chairman and CEO, Xerox
Richard Parsons - Chairman of the Board, Time Warner
Paul Volcker - Former Chairman, U.S. Federal Reserve 1979-1987
Rahm Emanuel - United States Representative (IL-05)
President Elect Obama
Vice President Elect Biden
Jennifer Granholm - Governor, State of Michigan
Robert Rubin - Director and Senior Counselor, Citigroup; Former Secretary, U.S. Dept of Treasury, 1995-1999
David Bonior - Member House of Representatives (Michigan) 1977-2003
Laura Tyson - (Haas School of Business, University of California, Berkeley; Former Chairman, National Economic Council, 1995-1996; Former Chairman, President’s Council of Economic Advisors, 1993-1995)
Antonio Villaraigosa - Mayor, City of Los Angeles
William Donaldson - Former Chairman of the SEC, 2003-2005
Eric Schmidt - Chairman and CEO, Google
Roel Campos - Former Commissioner of the SEC
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