Obama holds Press Conference for Economic Transition Team on Nov. 7, 2008

On Friday, November 7, 2008, President-Elect Barack Obama will introduce his Economic Transition Advisers, which includes Warren Buffett, Robert Rubin, and Robert Reich.

President-Elect Barack Obama is signaling quick movement on the economy, with his advisers moments ago rolling out a list of important economic figures who will serve on his Transition Economic Advisory Board.

Obama and Joe Biden will meet with the group on Friday, November 7, 2008 and hold a press conference afterwards, Camp Obama announces.

The group includes a bunch of expected names. There’s Warren Buffett (who endorsed Obama) and Governor Jennifer Granholm, as well as some heavy-hitters from the Clinton universe, like Robert Rubin and Robert Reich.

Also serving: Harvard’s Lawrence Summers and former Federal Reserve chair Paul Volcker.

Obama’s press conference — which will take place on Friday, November 7, 2008 at 2:30 P.M. ET, is likely to be a media zoo, both because it will offer clues to Obama’s first moves on the economy and because it’s his first press conference as President-Elect.

  • David Bonior (Member House of Representatives 1977-2003)
  • Warren Buffett (Chairman and CEO, Berkshire Hathaway)-will participate via speakerphone
  • Roel Campos (former SEC Commissioner)
  • William Daley (Chairman of the Midwest, JP Morgan Chase; Former Secretary, U.S. Dept of Commerce, 1997-2000)
  • William Donaldson (Former Chairman of the SEC 2003-2005)
  • Roger Ferguson (President and CEO, TIAA-CREF and former Vice Chairman of the Board of Governors of the Federal Reserve)
  • Gov. Jennifer Granholm (Governor, State of Michigan)
  • Anne Mulcahy (Chairman and CEO, Xerox)
  • Richard Parsons (Chairman of the Board, Time Warner)
  • Penny Pritzker (CEO, Classic Residence by Hyatt)
  • Robert Reich (University of California, Berkeley; Former Secretary, U.S. Dept of Labor, 1993-1997)
  • Robert Rubin (Chairman and Director of the Executive Committee, Citigroup; Former Secretary, U.S. Dept of Treasury, 1995-1999)
  • Eric Schmidt (Chairman and CEO, Google)
  • Lawrence Summers (Harvard University; Managing Director, D.E. Shaw; Former Secretary, U.S. Dept of Treasury, 1999-2001)
  • Laura Tyson (Haas School of Business, University of California, Berkeley; Former Chairman, National Economic Council, 1995-1996; Former Chairman, President’s Council of Economic Advisors, 1993-1995)
  • Antonio Villaraigosa (Mayor, City of Los Angeles)
  • Paul Volcker (Former Chairman, U.S. Federal Reserve 1979-1987)

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