"Howard will have regular access to the President and serve as a key member of his National Security Staff," John Brennan, assistant to the president for Homeland Security and Counterterrorism, said in an email announcing the appointment.
He said Schmidt will also work closely with Obama's economic team.
With renewed focus on the threat of cyber-terrorism, how should you be positioned?
ManTech is my top pick in the space, says Jesup & Lamont analyst Alex Hamilton. I think the company can grow organically by 10% - 15%. But I also think it's a growing area and many stocks in the space should perform well next year.
Got something to to say? Send us an e-mail at firstname.lastname@example.org and your comment might be posted on the Rapid Recap. If you'd prefer to make a comment but not have it published on our website send those e-mails to email@example.com.
Trader disclosure: On Dec. 23rd, 2009, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Finerman Owns (GLNG); Finerman's Firm And Finerman Own (WFC) Preferred; Finerman's Firm Owns (MSFT), (WMT), (GLNG); Finerman's Firm Is Short (IJR), (MDY), (SPY), (IWM); Adami Owns (AGU), (BTU), (C), (GS), (INTC), (MSFT), (NUE); Seymour Owns (BAC), (EEM), (INTC), (POT); Najarian Owns (MS) & Short (MS) Calls; Najarian Owns (MGM); Najarian Owns (HK) Call Spread
For Brian Nagel
Oppenheimer & Co. Inc. makes a market in the securities of (BBBY)
CNBC.com with wires