President-elect prepares to tackle financial crisis

“How is Obama planning to handle the financial crisis that has affected almost all countries,” asks one America.gov reader.

Anyone following the U.S. presidential campaign knows the current financial crisis is among Americans’ top concerns, and they expect the next president to begin addressing their concerns on Day 1 of his term.

On November 24, President-elect Obama named key members of his economic team, including Timothy Geithner, his nomination for Treasury secretary, and Lawrence Summers, who will head the National Economic Council. Obama said that during an economic crisis “of historic proportions” he has sought advisors who offer “sound judgment and fresh thinking.” For more, see “President-elect Obama Announces Top Economic Advisers.”

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