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Transition Team Is Expected to Announce Economic Team Next Week

President-elect Barack Obama's Cabinet is shaping up, and the combination of players is not only reminiscent, in some ways, of the 1990s, Obama may also tap several of his former rivals for the top spots. Dominating the headlines today was Timothy Geithner, the president of the New York Federal Reserve, who likely will emerge as the secretary of treasury in the Obama administration. Obama is expected to announce Geithner as his nominee early next week. Markets rallied on news of the... Full Story
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