Presidential Transition and the 2008 Financial Crisis
John Podesta, Chief of Staff to Bill Clinton and counselor to Barack Obama, talked about the efforts that President-elect Obama took to prepare his future administration during the 2008 financial crisis.
Description
John Podesta, Chief of Staff to Bill Clinton and counselor to Barack Obama, talked about the efforts that President-elect Obama took to prepare his future administration during the 2008 financial crisis.
Bell Ringer Assignment
- What events were occurring in 2008-2009 during the transition periods between the administrations of George W. Bush and Barack Obama?
- According to Mr. Podesta, what mistakes did President Clinton make during his transition in 1993? How did President Obama learn from these mistakes?
- What are the two big phases of a presidential transition? What actions occur in each of these phases?
- What actions did the Obama transition team take during the 2008-2009 transition to address the 2008 Financial Crisis?
- Based on this, explain the challenges that new administrations face.
Additional Resources
Participants
Vocabulary
- 2008 Financial Crisis
- Cabinet
- Campaign
- Chief Of Staff
- National Security
- Presidential Transitions
- White House Staff