PRESIDENT-ELECT BARACK OBAMA'S ADMINISTRATION APPEARS TO BE TAKING SHAPRESIDENT-ELECT BARACK OBAMA'S ADMINISTRATION APPEARS TO BE TAKING SHAPE-- AND FAST.THERE'S WORD HE'S TAPPING SOME MAJOR NAMES FOR THOSE TOP SPOTS-- INCLUDING HIS FORMAL RIVAL, SENATOR HILLARY CLINTON.FOX'S CRAIG BOSWELL IS WATCHING THE DEVELOPMENTS FROM WASHINGTON.THE PIECES OF THE PUZZLE ARE BEGINNING TO COME TOGETHER SURROUNDING PRESIDENT- ELECT BARACK OBAMA'S CABINET.SOURCES TELL FOX NEWS THAT SENATOR HILLARY CLINTON IS EXPECTED TO ACCEPT THE OFFER TO BECOME THE NEXT SECRETARY OF STATE.WOLFSON says: "I think this whole process has actually been very good for Senator Clinton and President-elect Obama in terms of bringing the two of them together."CANTOR says: "The indication there is they want to reach out and try to heal the wounds within their party."EITHER WAY IT IS FAR FROM A DONE DEAL.SENATOR CLINTON MUST BE CONFIRMED AND QUESTIONS STILL REMAIN SURROUNDING THE CLINTON'S FINANCIAL NETWORK.SOME BELIEVE HER APPOINTMENT WOULD SEND A POSITIVE MESSAGE AROUND THE WORLD.BROWN says: "I think these foreign leaders are looking for new faces, a new agenda, new ideas, that is what Senator Clinton and frankly president elect obama are going to stand for, I think foreign leaders are probably pretty pleased about this election."MEANWHILE SOURCES SAY FORMER PRESIDENTIAL CANDIDATE AND NEW MEXICO GOVERNOR BILL RICHARDSON HAS BEEN TAPPED AS COMMERCE SECRETARY.THE CURRENT SECRETARY- CARLOS GUTIERREZ- SAYS THE TRANSITION WILL BE SMOOTH AND SAYS TRADE WILL BE A MAJOR PART OF THE JOB.GUTIERREZ says: "It will be a challenge especially now when trade is the brightest spot in our economy. I suppose that will be a priority for the next commerce secretary."AND IN A MOVE THAT SENT STOCKS SOARING-- NEW YORK FEDERAL RESERVE HEAD, TIM GEITHNER, IS EXPECTED TO BE THE NEW TREASURY SECRETARY.BOSWELL says: (on cam tag) "The Obama transition team is expected to roll out the economic team next week. Meanwhile, a formal announcement on Hillary Clinton is expected after Thanksgiving. In Washington, Craig Boswell, FOX News."











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