Possible Obama Treasury pick: Austan Goolsbee
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| Possible Obama Treasury pick Austan Goolsbee. |
Since the Democratic nominee's U.S. Senate campaign, Goolsbee has been
Obama's closest economic adviser. Though the University of Chicago Graduate
School of Business economics professor is not the kind of conservative economist
the school is known for, Goolsbee brings to Obama enough of a reach across the
partisan divide to temper the candidate's own left-leaning record. Goolsbee is
senior economist to the Democratic Leadership Council, a research fellow at the
American Bar Foundation and a member of the Congressional Budget Office's panel
of economic advisers. Goolsbee's lack of day-to-day industry or government
experience would be a sizable handicap in securing the Treasury spot. Look for
him instead to chair the Council of Economic Advisers, a position that has been
a springboard for a couple of Fed chairmen. Chance of nomination: 10%
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