Obama Names White House Chief Performance Officer

He picks Nancy Killefer for the newly created position, which will set performance standards for federal agencies, hold managers accountable. Calls the announcement "among the most important that I will make," says she'll help him keep his promise to scour the budget line by line. Click above to watch. Full remarks here. Killefer is director of a management consulting firm and was an assistant treasury secretary under President Clinton. Plus: Obama has reportedly asked Dennis Ross, Richard Haass and Richard Holbrooke to serve as envoys to world hotspots.