Really, can't we just jetison Bush now? I'm starting to get antsy.
(CNN) — Sources close to the Obama transition team say Economics Berkeley Professor Christina Romer will be named Chair of the President's Council of Economic Advisors.
Romer is a bit different than the typical pick for an economic leadership post: she's a female, an academic, and a Washington outsider.
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The Council of Economic Advisors, part of the Executive office, is a group of economists, including three who are appointed by the President and need Senate confirmation, who advise the President on economic policy.
The National Economic Council (NEC) coordinates the President's economic policy between HUD, HHS, Labor, Treasury, the FDIC, and other departments. Summers' appointment does not require confirmation.