Illinois

Obama Announces Treasury Assistant Nominations 

President Barack Obama on Sunday announced his intent to nominate three advisers to key posts at the U.S. Treasury Department, which has lately been criticized for being understaffed. “Out of crisis arises opportunity,” Obama said in a statement. “With the leadership of these accomplished individuals and our whole economic team, I am absolutely confident that we will turn around this economy and seize this opportunity to secure a more prosperous future.”