Is there really only one President at a time? Some were criticizing Barack Obama for laying back, letting the Bush Administration handle the economy until Inauguration Day, but Obama has come out swinging since Monday.
On Wednesday, Obama named Paul Volcker, 81, former Federal Reserve chairman, as head of what he calls the President's Economic Recovery Advisory Board.
Obama said:
"I was elected with the charge of getting this economy back in shape. We are going to implement starting day one when I come into office."
This week has seen a host of Obama economic appointments:
On Tuesday, Obama nominated Congressional Budget Office Director Peter Orszag as his candidate to run the White House Office of Management and Budget, while promising what amounts to an audit of the Federal budget to eliminate waste.
On Monday, Obama named New York Federal Reserve President Tim Geithner as his Treasury Secretary, Lawrence Summers as head of the National Economic Council, and Christina Romer, director of the Council of Economic Advisers.
Also on Wednesday, British Prime Minister Gordon Brown said his country will host an April 2nd meeting of the G20 to discuss the global financial crisis --- and that Obama has said he will attend the talks.
While the economic side of his cabinet seems complete, Obama is set to name those associated with national security after Thanksgiving, including Hillary Clinton as Secretary of State and Robert Gates --- staying on --- as Defense Secretary --- for a year. James Jones will be Obama's national security advisor.
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