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Obama seeks daily briefing on economy

In an effort to keep a close tab on the economic situation of the country, which is in a deep recession, the US President Barack H Obama, has sought a daily briefing on economy.

world Updated: Jan 23, 2009 09:01 IST

In an effort to keep a close tab on the economic situation of the country, which is in a deep recession, the US President Barack H Obama, has sought a daily briefing on economy.

This would be similar to the one the President receives daily from his top intelligence officials on national security, the White House Press Secretary, Robert Gibbs, told reporters on Thuraday. The briefing would be led by the National Economic Council Director, Larry Summers.

"It's something that we're calling an economic daily briefing that he'll receive most likely in the Oval Office each and every day. It will be treated and prepared with the same sort of renowned professionalism that the daily intelligence briefing is done with," he said.

"The president asked that this (economic briefing) be added each day to his schedule, as the country is in the midst of an economic crisis and an economic emergency."

Obama felt it was important that each day he receive the most up-to-date information as it relates to the economy, as his administration puts together an economic reinvestment and recovery plan, as well as future financial stability packages, to ensure that American economy gets moving again, Gibbs said.