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Bush warns of economic challenges facing Obama

 Bush warns of economic challenges facing Obama
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With his time in office drawing to a close, George W. Bush says the US faces economic challenges
that “will not pause” to let a new president settle into the job. He told federal employees he would work for an orderly transfer of power to Barack Obama.

“Successful transition is just one of the many important tasks remaining in our last 75 days,” he said at the White House.
“To help address the global financial crisis, the Secretary of Treasury is working endless hours. And I will host an international summit here in Washington on November 15. It will be an historic meeting and I am confident that you will work hard to help make it a success.”

The outgoing president has already invited Barack Obama and his family to the White House, for a pre-inauguration visit.