An ethics investigation into Rep. Charlie Rangel, D-N.Y., may hamper his work as Ways and Means Committee chairman -- and cause a distraction as President-elect Barack Obama pushes a new tax policy (Politico).
John Brennan, "a 25-year veteran of the CIA who helped establish the National Counterterrorism Center and was its first director in 2004," is a leading candidate for either CIA director or national intelligence director (AP).
By bringing David Axelrod to the White House, Obama is continuing "the very dubious notion of having the president's campaign strategist rubbing elbows with all the policy wonks in the West Wing" (Boston Globe).
In Desirée Rogers, the Obama are getting a White House social secretary who is a "well-known businesswoman, a Harvard M.B.A and a major fund-raiser," as well as a glittering socialite in her own right (New York Times).
President Bush granted 14 pardons and two commutations yesterday, continuing his infrequent use of the executive power (Washington Post).
Economy In Crisis
Obama's new economic team is market-oriented and favors limited government spending at a time when the prognosis for the nation's woes may require the opposite (Washington Post). The result is a centrist team charged with implementing radical economic changes (Los Angeles Times).
Obama and Bush are working closely to calm the financial markets (New York Times).
Women's groups have been silent on Larry Summers' appointment to head the National Economic Council (Washington Times), while even his harshest detractors at Harvard are cheering his nomination (Boston Globe).
Obama upbraided Detroit for asking for federal money without presenting a thorough plan, while Michigan lawmakers griped about the Citigroup bailout (Wall Street Journal).
Obama's stimulus package is expected to include long-range spending for roads, bridges, schools and clean-energy programs (Wall Street Journal).
Obama's transportation secretary will need to solve an "outdated air traffic control system, congested roads, rails and skies and crumbling highways and bridges" with dwindling funds -- a fiscal crisis that may require raising the gas tax (Washington Post).
'A Warm Bucket Of Spit'
Vice President-elect Joe Biden's Senate seat will be filled by his chief of staff and longtime friend Edward Kaufman, which clears the way for Beau Biden to run for the seat in 2010 (New York Times). But Politico reports that the move has not gone over well in Delaware.
Biden and Vice President Cheney have little in common beyond white hair, a wealth of experience and a penchant for cursing (Washington Times).
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