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EARLYBIRD

Tuesday, November 4, 2008 8:30 AM

Top Transition Stories - 11/4

A roundup of today's top stories from across the Web:

• "The world is anxiously awaiting new ideas and fresh leadership from America's new president to deal with the economic crisis," AP reports. "But for 77 days after the election, the problems will be George Bush's -- and both Barack Obama and John McCain have signaled they will defer to him."

• "With a fresh blast of bearish news hitting just before the presidential election, Tuesday's victor will be under rising pressure to put his stamp on U.S. economic policy well before his Jan. 20 inauguration," the Wall Street Journal reports.

• ""The calendar may show 11 weeks until Inauguration Day, but the President-elect will be expected to stage what may amount to the fastest transition in history," Business Week reports.

• "Whoever is elected president Tuesday will have to find not only a" Department of Homeland Security "secretary who is up to the job and can be quickly confirmed, but also nominees for a host of other critical roles" in the department, Congressional Quarterly reports.

• Rep. Rahm Emanuel, D-Ill., "is seriously considering a job as White House chief of staff if Barack Obama wins the presidency, sources say -- a move that could mean House Republicans aren't the only ones facing a power struggle in the wake of Tuesday's election," the Politico reports.

• "A nervous legion of special interest groups, politicians and lobbyists will be scanning Tuesday's returns for clues about the composition of Brave New Washington -- their fates hanging on winners and losers, margins of victory, and the fickle new arithmetic of Capitol Hill," the Politico reports.

• "For political junkies worried about coming down with a case of election withdrawal after all the votes are finally counted tonight, Louisiana is offering one more hit before the holidays," Roll Call (subscription) reports. "Voters in two Bayou State Congressional districts will have primary runoff contests on their ballots today, and the winners of those contests will meet in early December for the final Congressional races of 2008."

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