Special Report: U.S. presidential election 2008
WASHINGTON, Nov. 22 (Xinhua) -- U.S. President-elect
Barack Obama will formally announce Timothy Geithner as his choice for treasury
secretary on Monday, Obama's aides said Saturday.
He will also name former Treasury Secretary Lawrence Summers as director of the White House National Economic Council, U.S. media quoted the aides as saying.
Obama is scheduled to hold a press conference in Chicago on Monday morning to make the announcement. Both Geithner and Summerswill be present.
Geithner, 47, is currently president of the Federal Reserve Bank of New York.
Born in New York, he attended Dartmouth College and Johns Hopkins University's School of Advanced International Studies.
He has studied Japanese and Chinese and has lived in Zimbabwe, India, Thailand, Japan and China.
After completing his studies, Geithner worked for Kissinger and Associates in Washington and then joined the Treasury Department in 1988.
He was Undersecretary of the Treasury for International Affairsfrom 1998 to 2001.
In October 2003, he was named president of the Federal Reserve Bank of New York.
Geithner has rich experience both in Washington and on Wall Street. He was also closely involved in the U.S. government's response to the financial turmoil.
The news of Geithner's possible nomination as the new treasury secretary was well received by investors, who hope he will restoremarket confidence.
Summers, 53, was treasury secretary under former president Bill Clinton.
Robert Gibbs named Obama
administration press secretary
WASHINGTON, Nov. 22 (Xinhua) -- U.S. President-elect Barack Obama has named his
longtime spokesman Robert Gibbs as his White House press secretary, Obama's
transition office said in a statement on Saturday.
Gibbs has been spokesman for Obama when the latter
was running 2008 presidential campaign. He won a reputation as a rapid rebuttal
specialist while also advising Obama on key strategic matters. Full Story
Who would appear on Obama's cabinet list?
WASHINGTON, Nov. 21 (Xinhua) --
Although U.S. President-elect Barack Obama has yet to officially announce his
cabinet makeup, U.S. media this week made a series of guesses regarding
the issue.
New York Times: Clinton accepts offer to be next U.S. state
secretary
WASHINGTON, Nov. 21 (Xinhua) -- New York Senator
Hillary Rodham Clinton has accepted offer to be the next U.S. state secretary,
joining her former presidential rival Barack Obama's cabinet, according to a
news report released on Friday.
Citing two of Clinton's associates,
the New York Times said in an online report that she made up her mind after
additional discussions with Obama about the nature of her role as the top U.S.
diplomat and his foreign policy plans.
New York Fed head named as candidate for Obama's treasury
secretary
WASHINGTON, Nov. 21 (Xinhua) -- Timothy Geithner, the current New
York Federal Reserve head, was named as the top candidate for U.S.
President-elect Barack Obama's treasury secretary, said a TV report on Friday.
According to NBC, the 47-year-old
president of the Federal Reserve Bank of New York was considered as one of the
two most potential for the key cabinet post, along with Lawrence Summers, the
former Treasury chief in the Clinton's administration. Full story
Report: Obama to select New Mexico
governor as commerce secretary
WASHINGTON, Nov. 21 (Xinhua) -- U.S. New Mexico governor
Bill Richardson, who has turned from a rival to supporter for President-elect
Barack Obama, appeared as the most potential candidate for the next commerce
secretary, said a TV report on Friday.
According to NBC, Obama has nodded the
appointment of Richardson to the post but the official announcement would not be
made before the Thanksgiving holiday. Full story
Obama announces more White House
staff
WASHINGTON, Nov. 19 (Xinhua) -- U.S.
President-elect Barack Obama announced more White House staff on Wednesday,
including his long-time friends.
Those who were announced the White
House staff after Obama takes office on Jan. 20 included David Axelrod as senior
advisor to the president, Lisa Brown as Staff Secretary, Greg Craig as White
House Counsel, and Christ Lu as Cabinet Secretary. Full story
Former Senate majority leader named as
U.S. next health secretary
WASHINGTON, Nov. 19 (Xinhua) -- Tom Daschle, former Senate
majority (Democratic) leader during the Clinton's administration, was chosen by
U.S. President-elect Barack Obama as the next secretary of health and human
services, said a TV report on Wednesday.
Citing three sources, a CNN report
said that Daschle has personally showed interest to the job and proposed to
report directly to the incoming president after he takes office as the White
House health "czar." Full story
Ex deputy attorney general named as Obama's attorney
general
WASHINGTON, Nov. 18 (Xinhua) -- An ex
deputy attorney general was eyed by U.S. president-elect Barack Obama to be the
next attorney general, said a report released on Tuesday.
According to the News Week, Eric
Holder, who served as deputy attorney general under President Bill Clinton, was
expected to be the country's first African American attorney general. Full
story
