What Is the Obama Economic Advisory Panel?:
On February 6, 2009, President Barack Obama announced his Economic Advisory Panel. The Panel brought the perspective of the business and academic world to Obama's economic team of government employees. It has met regularly and was responsible for creating the Volcker Rule.
Who Is On the Obama Economic Advisory Panel:
The panel is led by former Federal Reserve Chairman Paul Volcker. Members include GE CEO Jeffrey Immelt, Harvard economics professor Martin Feldstein, former Securities and Exchange Commission Chairman William Donaldson; TIAA-CREF President and CEO Roger Ferguson; UBS Group Americas CEO Robert Wolf; John Doerr, partner at Kleiner, Perkins, Caufield & Byers; and Laura D'Andrea Tyson, dean of the Haas School of Business at the University of California at Berkeley. The staff director is White House economist Austan Goolsbee.