Obama names Volcker as head of economic advisory board

 “Volcker, 81, will head the President’s Economic Recovery Advisory Board. The board’s top staff official will be Austan Goolsbee, a University of Chicago economist.”

“What we are going to do is combine experience with fresh thinking,” he said. “But understand where the vision for change comes from. First and foremost, it comes from me. That’s my job, is to provide a vision in terms of where we are going and to make sure then that my team is implementing.”

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