The markets don't like uncertainty, so in an effort to provide a little clarity President-elect Barack Obama named key members of his administration's economic team Monday at a press conference in Chicago.
"I've sought leaders who could offer both sound judgment and fresh thinking, both a depth of experience and a wealth of bold new ideas -- and most of all, who share my fundamental belief that we cannot have a thriving Wall Street while Main Street suffers, that in this country we rise and fall as one nation, as one people," the president-elect said.
"Vice President-elect Biden and I have
assembled an economic team with the vision and expertise to stabilize
our economy, create jobs and get America back on track. Even as we
face great economic challenges, we know that great opportunity is at
hand -- if we act swiftly and boldly. That's the mission our economic
team will take on," he added.
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