Word: chief
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...Chief of reporters comes by. I ask if we can have a meeting in my office. She laughs. Environment reporter wants to know if I'm powering the computer with the treadmill. Sheesh. "I'm working...
Gerardo Garay Acting federal chief of police...
...FINDING THE RIGHT combination of spark, fuse and black powder will fall to Lawrence Summers and Timothy Geithner, two friends Obama named to lead his economic team. Geithner, 47, will leave his job as chief of the New York Federal Reserve to become Treasury Secretary. His mentor Summers, 54, who was Treasury boss for a year and a half under Bill Clinton, will move into the West Wing in January to take over the National Economic Council (NEC), the clearinghouse for all economic policy inside the Administration...
...left now agree that a massive stimulus measure is needed--and soon. The éminence grise of Republican economic advisers, Harvard's Martin Feldstein, raised some eyebrows in October by saying the stimulus package might need to be as big as $300 billion. Already that seems timid. Jan Hatzius, chief economist for Goldman Sachs, is telling clients he expects Obama's stimulus package to be $400 billion to $500 billion a year in order to compensate for a retrenchment in personal spending. Regardless of the final size, here are some of the likely elements of Obama's plan...
...Based on what we're hearing about the package, it not only involves very little funding beyond what was already in the pipes, but at 1% of GNP, it represents a very timid response to recession," says Karel Lannoo, an economic expert and chief executive officer of the Center for European Policy Studies in Brussels. "By contrast, the $2 trillion to $2.2 trillion used to keep Europe's financial sector from collapsing represents around 17% of E.U. GNP. That, too, was promised by national governments but was the result of more coordinated and better funded reaction to crisis...