The E-Team

At a press conference this morning, in the Hilton Chicago, President-elect Barack Obama announced four members of his economic team: Timothy Geithner, Lawrence Summers, Christina Romer, and Melody Barnes.

So, who are the number crunchers in this quartet? And can they match Murdock, B. A. Baracus, Hannibal and Faceman? (We'll leave that to history.)

TIMOTHY GEITHNER
* Obama's nominee for Secretary of the Treasury
* Current president and chief executive officer of the Federal Reserve Bank of New York
* Vice chairman and permanent member of the Federal Open Market Committee
* In the words of the President-elect: "Having served in senior roles at the Treasury, the IMF and the New York Fed, Tim Geithner offers not just extensive experience shaping economic policy and managing financial markets — but an unparalleled understanding of our current economic crisis in all of its depth, complexity and urgency."

LAWRENCE SUMMERS
* Will coordinate the Obama administration's economic policies
* Former Secretary of the Treasury
* Charles W. Eliot University Professor at Harvard University
* Former president of Harvard University, although he may want you to forget that chapter
* In the words of the President-elect: "...as one of the great economic minds of our time, Larry has earned a global reputation for being able to cut to the heart of the most complex and novel policy challenges. With respect to both our current financial crisis, and other pressing economic issues of our time, his thinking, writing and speaking have set the terms of the debate."

CHRISTINA ROMER
* Obama's nominee to chair his Council of Economic Advisors
* Class of 1957-Garff B. Wilson Professor of Economics, University of California at Berkeley
* Co-director of the Program in Monetary Economics at the National Bureau of Economic Research
* In the words of the President-elect: "Christina has done groundbreaking research on many of the topics our Administration will confront — from tax policy to fighting recessions. And her clear-eyed, independent analyses have received praise from both conservative and liberal thinkers alike."

MELODY BARNES
* Obama's choice to be Director of his Domestic Policy Council
* Executive Vice President for Policy at the Center for American Progress
* Former Chief Counsel to Sen. Edward Kennedy (D-MA) on the Senate Judiciary Committee
* In the words of the President-elect:"Melody's brilliant legal mind — and her long experience working to secure the liberties on which this nation was founded and secure opportunity for those left behind — make her a perfect fit for DPC Director"

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