Obama turning to ex-Fed's Volcker on economy

Barack Obama, the Democratic candidate for the United States presidency, is increasingly relying on Paul Volcker, a former chairman at the Federal Reserve, for advice on the economy, reports suggest.

Wednesday's Wall Street Journal reports that Obama quickly backed the $700 billion bailout plan on Volcker's say-so. The article also states that going into the final weeks of the campaign, Volcker is taking an ever-more prominent role. The former Fed chairman is regularly reviewing policy proposals

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