• Most Popular
  • Most Shared

Obama to hold first news conference on Friday

CHICAGO
Thu Nov 6, 2008 1:04pm EST
President-elect Senator Barack Obama (D-IL) waves as he walks to his car following a day of meetings with staff in Chicago November 5, 2008. REUTERS/Jason Reed

CHICAGO (Reuters) - President-elect Barack Obama will hold his first news conference on Friday after a meeting with his team of economic advisers, an aide said on Thursday.

Barack Obama

The meeting in Chicago will include top advisers who worked with Obama on the campaign and comes as the president elect works on putting together his cabinet following his election on Tuesday.

Just two days after winning a decisive victory in Tuesday's elections, Obama is moving ahead with his transition to the White House.

With the financial markets falling sharply and more dismal economic news expected for Friday, Obama is likely to want to move forward quickly on naming his economic team.

The aides did not say if any major announcements or appointments would be made at the news conference. Obama is expected to issue a statement on Thursday discussing some of his plans for the upcoming week.

Obama and his wife, Michelle, will also travel to Washington early next week to meet President George W. Bush at the White House, the aide said.

Obama has spoken to Bush, and Michelle Obama spoke on Wednesday to Laura Bush about the role of the first lady and asked her for guidance in preparing, aides said.

(Reporting by Deborah Charles and Caren Bohan, Editing by Sandra Maler)



More from Reuters

A customer is served at a counter inside a foreign exchange store displaying a poster of various banknotes including the Chinese yuan or renminbi (RMB) in Hong Kong November 20, 2009. REUTERS/Bobby Yip
OUTLOOK 2010:

Be careful what you wish for

Pressure on China to loosen its grip on the yuan will continue but the U.S. should tread carefully. Here are five world market issues to watch.  Full Article 

Aurora, a 20-year-old Beluga whale, swims with her newborn calf after giving birth at the Vancouver Aquarium in Vancouver, British Columbia June 7, 2009. REUTERS/Andy Clark

365 days for the doomed

From polar bears to emperor penguins, endangered species will get top online billing in 2010 during the Year of Biodiversity.  Full Article