President-elect Barack Obama announced Tuesday some key staff appointments in the financial sector of government.
Timothy F. Geithner, president and CEO of the Federal Reserve Bank of New York, will serve as Secretary of the Treasury. Lawrence H. Summers, former Secretary of the Treasury under President Clinton, will serve as Director of the National Economic Council.
Christina D. Romer will serve as Director of the Council of Economic Advisers, Melody C. Barnes will serve as Director of the Domestic Policy Council, and Heather A. Higginbottom will serve as Deputy Director of the Domestic Policy Council.
Peter Orszag, currently Director of the Congressional Budget Office, will serve as Office of Management and Budget Director, and Rob Nabors will serve as Deputy Director.
“Barack is bringing together some of the best minds in the country to make swift progress on the economic challenges we face,” said David Plouffe, Obama’s campaign manager, in a statement. “While we can’t underestimate the challenge we face, we also can’t underestimate the opportunity we have to bring the change our country needs.”