Wonder why Peter Orszag wasn't announced today? Seems he will be announced tomorrow.

[DCBob]

Obama picks budget boss
By DAVID ESPO – 21 minutes ago

WASHINGTON (AP) — President-elect Barack Obama intends to name Peter Orszag as his budget director, Democratic officials said Monday, turning to Congress' chief adviser on spending and taxes as he fills out his economic team. Orszag, 39, is serving a four-year term as head of the Congressional Budget Office. If confirmed by the Senate, he would head the Office of Management and Budget, the agency that makes sure a president's priorities are translated into spending decisions. The Democratic officials said Orszag's appointment was scheduled for Tuesday in Chicago, where Obama was holding his second news conference in as many days.

http://www.google.com/hostednews/ap/article/ALeqM5hXHPFueHHF0hnAWs8jk3aG0q2svQD94LITP00
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Is Obama trying to extend the story? Not being critical at all -- in fact I think it is smart. Probably will help get another market boost tomorrow.

[kirby]

1. Maybe the vetting is not complete?

Maybe Mr. Orszag hasnt said yes yet or is still mulling it over with his family?

[DCBob]

2. Perhaps. But it sounds like Obama is working the media.

There will be another big presser tomorrow announcing Orszag and others. Obama is totally controlling the media now. Smart.

[Perky]

3. OMB is not really part of the financial team

Their orientation is completely fiscal and given the bailoiut issues it would have created confusion at the presser,