In the News: Obama Elected President in Historic Election

Sen. Barack Obama’s historic election as the nation’s first African-American president set off celebrations worldwide, but attention quickly turned to the transition to an Obama administration. The transition team is being led by John D. Podesta, who was President Bill Clinton's chief of staff; Valerie Jarrett, a close friend of Obama's; and Pete Rouse, Obama's former Senate chief of staff. Obama hopes to quickly name a Treasury secretary, a decision that will set the tone for his relationship with the battered financial world. Meanwhile, he named Rep. Rahm Emanuel, D-Ill., as his chief of staff.

To view the entire CQ Researcher Online report, "Race and Politics," click here. [subscription required]

To buy a PDF of the entire report, click here.