The Transition

Clinton, Geithner, Richardson Tapped For Cabinet Posts

A source close to the Obama transition team's decision making process has confirmed to NPR's Juan Williams that New York Fed Chief Timothy Geithner has accepted an offer to serve as Treasury Secretary in the Obama administration. New Mexico Governor Bill Richardson has been selected to head the Commerce Department. Both appointments will be announced on Monday.

The transition team will announce after Thanksgiving that Senator Hillary Clinton has accepted an offer to be Secretary of State.

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