“President-Elect Barack Obama is likely to nominate New York Federal Reserve Bank chief Timothy Geithner as his Treasury secretary…” – Business Week

People are looking forward to Monday when it is said that President Elect Barack Obama is likely to not only name his Secretary of Treasury but other members of his economic team.

The person who takes on the role of Treasury Secretary is going to have as difficult of a time – if not more difficult – as Obama himself in making the decisions that will hopefully revive the United States economy.

The good news is that the US markets are liking this news.