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Tracking the transition

The Wall Street Journal runs a piece about how Treasury Secretary Hank Paulson is preparing for the transition. "Paulson -- who has an interest in seeing the bailout succeed -- plans to consult with the new administration on key decisions, according to a Treasury official. He is carving out office space at Treasury, assembling briefing books and has been in frequent contact with both Sens. John McCain and Barack Obama."

Time's Von Drehle has a "how they would lead" piece in Time, which delves into the troubles facing either new president.