CHICAGO (AP) -- Former Federal Reserve chairman Paul Volcker will head a new White House panel to help President-elect Barack Obama create jobs and bring stability to the ailing financial system.
Volcker will head the President's Economic Recovery Advisory Board.
And Obama's office says the board's top staff official will be University of Chicago economist Austan Goolsbee.
Obama is slated to introduce members of the advisory board at a news conference in Chicago today.
The news conference is his third in as many days. It's been a remarkable burst of public activity for Obama, who has sought to assure nervous consumers and financial markets that he will bring swift economic relief as president.