On Monday, he announced two top economic nominations that were well received by financial markets: Timothy Geithner for treasury secretary, and Lawrence Summers, for the National Economic Council. On Tuesday he named the current director of the Congressional Budget Office, Peter Orszag, as his budget director. Along with Orszag, Obama named Robert Nabors as deputy budget director. Nabors has been the top staff aide on the House Appropriations Committee, which prepares spending legislation. Obama also said he would have additional appointments to his economic team in the coming days.
Overall, I think he's made good choices in his appointees. His economic team is full of experience, and I think that by the time of his inauguration, they’ll be up and ready to go.
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