Talking Points: Super Bowl 411, new cabinet, inaugural stocks

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Local,DC,Talking Points

Where is the Super Bowl?
Super Bowl XLVII will be in New Orleans on Feb. 3.

The Crescent City won the right to host the game in 2009 after outbidding Glendale, Ariz., and Miami Gardens, Fla. It will be the 10th time New Orleans has been the site of the big game.

New Orleans has grown accustomed lately to hosting high-profile sporting events. Since January 2012, the city has hosted college football's title game, the Sugar Bowl (twice) and the Final Four.

Future game sites include East Rutherford, N.J., and Glendale, Ariz.

n When will President Obama's new Cabinet picks take office?

After the Senate holds confirmation hearings and votes on the nominees.

The Senate's Foreign Relations Committee will start the process on Thursday when it hears from Sen. John Kerry, D-Mass., Obama's choice to replace Hillary Clinton at the State Department.

Former Sen. Chuck Hagel, a Nebraska Republican whom Obama has asked to lead the Pentagon, will testify on Jan. 31, and John Brennan, the president's pick to run the CIA, will appear the following week.

n Are financial markets open for Inauguration Day?

Normally, the financially markets are open for business on Inauguration Day. But 2013 is an exception because the public swearing-in festivities fall on the same day as the holiday honoring Martin Luther King Jr., a time when the markets are closed every year.

Maybe it's a good thing the markets will be shuttered: Stocks have slid on the days of the last two presidential inaugurations. In 2009, the Dow Jones industrial average fell 4 percent on Inauguration Day to its lowest point since November 2008.

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By the staff of
The Washington Examiner