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Clinton, Obama 'memo of understanding'

From Ken Strickland and Andrea Mitchell
NBC News has obtained a Memorandum of Understanding between the Clinton Foundation and the Obama transition on how Bill Clinton's Foundation will conduct its activities -- and disclose its donors -- for the duration of Hillary Clinton's tenure as secretary of state, should she be confirmed.

The memo was signed on Dec. 12th by Bruce Lindsey, Bill Clinton's longtime lawyer and troubleshooter, and Valerie Jarrett on behalf of the President-elect.

It has been circulated by Sens. Kerry and Lugar, leaders of the Foreign Relations Committee, to all committee members in advance of Clinton's confirmation hearings in January.

Today, Bill Clinton's foundation, as promised in the agreement, released the names of all donors to the library and foundation.