Barack Obama

Obama's Treasury pick is smart, steady and ready

Barack ObamaNew York, Nov. 22: Colleagues of Timonthy Geithner, Barack Obama''s pick for Treasury secretary, have described him as a bright and even-keeled man who will do the new President proud.

"He is a very cerebral guy. Very outgoing, very thoughtful and a good listener. He's as sound a thinker as anyone I can think of in this country," former Securities and Exchange Commission Chairman Arthur Levitt told the Daily News yesterday.

Steven Radelet of the Center for Global Development, who worked under Geithner at Treasury, called him a consensus builder.

Kiefer Sutherland denies ‘24’ paved way for Obama win

Kiefer Sutherland denies ‘24’ paved way for Obama winLondon, Nov 22 : Kiefer Sutherland has rubbished reports that his show ‘24’ helped Barack Obama win the US election.

The Illinois senator will become United States’ first black president when he takes office in January next year.

The action drama featured a black President in its first five seasons, with actor Dennis Haysbert saying prior to Obama''s election victory: "If anything, my portrayal of David Palmer I think may have helped open the eyes of the American people."

Geithner to be Obama’s pick for Treasury Secretary

President-elect Barack ObamaAccording to a senior Democratic official, familiar with President-elect Obama's transition process, New York Federal Reserve Bank President, Timothy F. Geithner, will be nominated to serve as Obama's next Treasury Secretary, to lead his government's efforts to fight the financial crisis. Geithner, 47, was always being considered as a top contender for the post.

Obama taps Geithner for Treasury, Richardson for Commerce

US President-elect Barack ObamaChicago, Nov. 22: US President-elect Barack Obama has reportedly zeroed in on his picks for Treasury and Commerce secretaries.

According to Fox News, Obama will nominate Tim Geithner, the president of the Federal Reserve Bank of New York, for Treasury Secretary, and New Mexico Governor Bill Richardson as Commerce Secretary.

Geithner, 47, joined the Treasury in 1988 and has worked for five Secretaries of the Treasury in three administrations. He was Under Secretary of the Treasury for International Affairs from 1999 to 2001.

The Obamas choose Quaker private school for daughters’ education

Barack ObamaNew York, November 22: U. S. President-elect Barack Obama and his wife Michelle have announced the name of the school where their two daughters will study.

The couple have decided to send their children — Malia, 10, and Sasha, 7 — to Sidwell Friends School, the pricey and prestigious academy that has educated generations of this city’s elite.

“A number of great schools were considered,’’ the New York Times quoted Katie McCormick Lelyveld, a spokeswoman for Michelle as saying.

Hillary accepts Secretary of State post in Obama Administration

Hillary accepts Secretary of State post in Obama AdministrationWashington, Nov 22: New York Senator Hillary Clinton has accepted President-elect Barack Obama’s offer of the job of secretary of state.

Hillary is expected to accept the position of secretary of state in the Obama Administration. A formal announcement is planned for after Thanksgiving, FOX News reported.

Reports indicate that Clinton made her decision to accept quite recently, after persistent courting by Obama and his transition team.

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