Obama Attends First Recovery Advisory Board Meeting
By Michael A. Fletcher
President Obama declared today that there is "some return to normalcy" in parts of the financial markets, as he attended the first meeting of his Economic Recovery Advisory Board.
Obama told the board that his goal is to move the country not only into a full economic recovery but also "a sustainable economic model post bubble and bust."
The meeting of the 16-person board, made up of labor, business and former government officials, was held at the White House and streamed live via the White House website. The board, led by former Federal Reserve Chairman Paul A. Volcker, is intended to provide an outside sounding board for the administration's efforts to rebuild the economy.
Speaking to reporters after the meeting, Volcker said there was "remarkable consensus" among board members on the need to build an economic revival around "green jobs" and renewable energy.
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