Wikipedia

Just because someone's served in the Clinton administration does not disqualify them for a post in Obama's new one. Why? Because Obama is the Envisioner-In-Chief. That's why. 

The issue of so-called "recycled" Clintonistas was addressed by the president-elect today in yet another news conference--this one focused on his newly created economic recovery advisory board. The underlying message today was Obama is bringing the vision to the table, he needs people to implement that change. 

Former Federal Reserve Chairman Paul Volcker will chair the new economic advisory board. The mission is simple: stabilize financial markets, the Wall Street Journal reported on Wednesday.

University of Chicago economist and Obama policy adviser Austan Goolsbee will serve as the panel's staff director. Other members of the President's Economic Recovery Advisory Board will be drawn from a cross-section of citizens from a variety of industries around the country.

The board will not affect the policymaking role of the Treasury Department and other agencies. It will provide Obama with a different pool of information outside normal Beltway sources. A few issues it will consider: helping design and implement programs to jump-start the economy; raising wages and living standards; and confronting the housing crisis.

The advisory board will also address oversight of the financial markets in the wake of Wall Street's collapse.