07 November 2008

Chicago


Photo: Doug Mills/The New York Times

President-elect Obama and Vice President-elect Joseph R. Biden Jr. met with members of an economic advisory board in Chicago on Friday. From left: David E. Bonior, Robert E. Rubin, Jennifer Granholm, Vice President-elect Joseph R. Biden Jr., President-elect Obama, Paul A. Volcker and Richard D. Parsons.

NYTimes — President-elect Barack Obama convened a new economic advisory board to meet here on Friday as he moves to swiftly fill top administration posts and form his response to the economic crisis.

No incoming president in modern times has been so pressured to begin governing, in effect, before he is sworn into office. With that in mind, Mr. Obama and Vice President-elect Joseph R. Biden Jr. have brought a group of high-profile financial and economic experts to Chicago for Friday’s meeting. In responding, Mr. Obama must strike a delicate balance between cooperating with an unpopular president whose policies he campaigned to change, and the inclination to wait until he takes charge in two and a half months to prescribe his own remedies.

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