President-Elect Obama Meets with Economic Advisors, Calls for "Swift Action" on the Economy

Friday, November 7, 2008 06:20pm EST /
Senator Barack Obama today held his first press conference as President-Elect to call for "swift action" to fix the nation's economy.

"Immediately after I become president I will confront this economic crisis head-on by taking all necessary steps to ease the credit crisis, help hardworking families, and restore growth and prosperity," President-Elect Obama said.

The press conference followed a private meeting of Obama's Transition Economic Advisory Board, a group of 17 leaders on economic issues that includes former U.S. Treasury Secretaries Robert E. Rubin and Lawrence E. Summers, Google CEO Eric Schmidt and Warren Buffett.

Watch the full video of President-Elect Obama's remarks at the press conference below.