President Barack Obama announces Gene Sperling, second from left, as the new head of the National Economic Council, along with other members of his his economic team, during comments on nation's ... more 
President Barack Obama announces Gene Sperling, second from left, as the new head of the National Economic Council, along with other members of his his economic team, during comments on nation's latest unemployment reports, at Thompson Creek Manufacturing in Landover, Md., Friday, Jan. 7, 2011. From left are: Heather Higginbottom, to be deputy director of the Office of Management and Budget; Sperling; the president; Katharine G. Abraham to the Council of Economic Advisers, and Jason Furman to deputy at the NEC. less 
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Associated Press | Photo By J. Scott Applewhite
Fri, Jan 7, 2011 2:07 PM EST