President-elect Barack Obama officially announced the key players in his economic team just this morning, but already economics and politics sites have reacted to the news.

The Economist has praised Obama's pick of Tim Geithner for Treasury Secretary saying, "...ah glorious, glorious competence. How we've missed you.":

...Mr Geithner brings two crucial qualities. First, he represents continuity. From the first days of the crisis last year, he has worked hand in glove with Ben Bernanke, the Fed chairman, and Mr Paulson....