“We have to do things in a new way” (Update: video)

President-elect Barack Obama held a meeting with his top economic advisors today at the Presidential transition team office in Washington D.C.

“Not only do we need to act boldly, swiftly and with sufficient magnitude to make a difference, but we also have to do things in a new way,” President-elect Obama said.

In his meeting, President-elect Obama underscored the importance of his proposed American Recovery and Reinvestment Plan to create jobs and spur the type of lasting economic change that our country needs.

President-elect Obama also noted that he is “confident” that legislation dealing with his economic plan will maintain “unprecedented transparency.”

“Not only will Congress tell exactly what’s in the bill, but we’re exploring steps, for example, like putting on a website very detailed information about what kind of projects are taking place,” President-elect Obama said.

Key members of the President-elect’s economic team attended, including Treasury Secretary-designate Timothy Geithner, Domestic Policy Council Director-designate Melody Barnes, and many others.

See pictures and video from the meeting below.

Download high resolution .mp4 file (117 MB) here.

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