Special Report:
U.S. presidential election
2008
Special
Report: Global Financial
Crisis
WASHINGTON, Dec. 2 (Xinhua) -- U.S. President-elect Barack Obama vowed on Tuesday that he would work with governors from both parties to tackle the current financial crisis.
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U.S. President-elect Barack Obama shakes hands with Governor Ted Kulongoski of Oregon during a bipartisan meeting with members of the National Governors Association at Congress Hall in Independence Park in Philadelphia, Pennsylvania December 2, 2008. (Xinhua/Reuters Photo)
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"To solve this crisis and to ease the burden on our
states, we need action, and action now," Obama spoke to a bipartisan group of
governors in Philadelphia.
"As president, I will not simply ask our nation's
governors to help implement our economic recovery plan," he said. "I will ask
you to help design that plan."
"That means passing an economic recovery plan for
both Wall Street and Main Street that jump starts our economy, helps save or
create two and a half million jobs," he added.
Obama also warned that the leaders have to recognize that any true solution will not come from Washington alone.
"It will come from all of you. It will come from the White House and the State House working together every step of the way," he said. "That is the kind of strong partnership I intend to build as president of the United States."
Obama unveils economic team to tackle economic crisis
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U.S. President-elect Barack Obama is flanked by Council of Economic Advisors Director-designate Christina Romer(L), National Economic Council Director-designate Lawrence Summers (R) as he announces the members of his economic policy team during a news conference in Chicago, November 24, 2008.(Xinhua/Reuters Photo)
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WASHINGTON, Nov. 24 (Xinhua) -- With the economy in crisis, U.S. President-elect Barack Obama Monday unveiled his economic team pick to shore up financial markets and tackle the worst financial crisis since the Great Depression in 1930s. Full story
Obama reiterates plan to withdraw U.S. troops from Iraq in 16 months
WASHINGTON, Dec. 1 (Xinhua) -- U.S. President-elect Barack Obama reiterated on Monday his plan to withdraw U.S. combat forces from Iraq in the first 16 month after he takes office.
Obama told a press conference in his transition office headquarters in Chicago, Illinois, that he still believes 16 months is the "right time frame" to redeploy U.S. combat troops from Iraq. Full story
Obama vows to eliminate threat of terrorism
WASHINGTON, Dec. 1 (Xinhua) -- U.S. President-elect Barack Obama pledged on Monday to make every effort to eliminate the threat of terrorism after he is sworn in as president in January next year.
"We cannot tolerate a world where innocents are being killed by extremists," Obama said at a news conference in Chicago. Full story
Top aide: Obama cabinet to be nearly complete by Christmas
WASHINGTON, Nov. 28 (Xinhua) -- U.S. President-elect Barack Obama will have nearly named his entire cabinet by Christmas, a top Obama aide said Friday.
John Podesta, a co-chair of the Obama transition team, told Bloomberg News that "virtually the whole cabinet" would be in place by the end of the year.
Earlier this week, Obama announced his nomination of New York Fed chairman Timothy Geithner to be treasury secretary. Full story
