Video: President-Elect Obama Announces National Security Team & News Conference

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Transcript: Obama News Conference Announcing Hillary Clinton and National Security Team | December 1

(Source: CQ Transcripts Wire)

SPEAKERS: PRESIDENT-ELECT BARACK OBAMA; SEN. HILLARY RODHAM CLINTON, D-N.Y.; SUSAN E. RICE, NATIONAL SECURITY POLICY WORKING GROUP LEADER, OBAMA-BIDEN PRESIDENTIAL TRANSITION TEAM; GENERAL JIM JONES (USMC, RET.) SECRETARY OF DEFENSE ROBERT M. GATES;
GOVERNOR JANET NAPOLITANO, D-ARIZ., ADVISORY BOARD MEMBER, OBAMA-BIDEN PRESIDENTIAL TRANSITION TEAM; FORMER DEPUTY ATTORNEY GENERAL ERIC HOLDER; VICE PRESIDENT-ELECT JOSEPH R. BIDEN JR.

[*] OBAMA: Good morning, everybody. I hope you all had a wonderful Thanksgiving.

Last week, we announced our economic team which is working as we speak to craft an economic recovery program to create jobs and grow our struggling economy.

Today, Vice President-elect Biden and I are pleased to announce our national security team. The national security challenges we face are just as great and just as urgent as our economic crisis. We are fighting two wars. Our old conflicts remain unresolved. And newly- asserted powers have put strains on the international system. Read more