"I am very pleased to appoint Alan and I look forward to working with him," Obama said, staring at the large, flat-screen monitor to his right, then shifting his eyes to the teleprompter on his left. "I have nothing but confidence in Alan as he takes on this important role as one of the leaders of my economic team."Krueger stood silently to the right of Obama as the president spoke. Krueger will replace Austan Goolsbee, who recently stepped down as chairman of the White House Council of Economic Advisers. A professor at Princeton University, Krueger served two years in the U.S. Treasury Department under Obama. He also served as chief economic adviser for the Labor Department during the Clinton administration.
Obama did not give Krueger a chance to make any comments on Monday.