Christina Romer Appointed Chairman of Council of Economic Advisors

, a professor at University of California at Berkley, has been appointed Chairman of Obama's Council of Economic Advisors.

Professor Romer was an advisor to the Obama campaign, and she and her husband David, macroeconomists who co-authored a paper, "What Ends Recessions?" in 1985, hold two seats on the committee which decides when the U.S is officially in a recession.

Romer will join Obama at a press conference in Chicago on Monday at 12:00 p.m. EST, along with Lawrence Summers, designated to lead his National Economic Council, and Timothy Geithner, tapped to be Treasury Secretary.