Newsweek has the (unofficial) scoop:
President-elect Obama has decided to tap Eric Holder as his attorney general, putting the veteran Washington lawyer in place to become the first African-American to head the Justice Department, according to two legal sources close to the presidential transition.
Holder, who served as deputy attorney general during the Clinton administration, still has to undergo a formal “vetting” review by the Obama transition team before the selection is final and is publicly announced, said one of the sources, who asked not to be identified talking about the transition process. But in the discussions over the past few days, Obama offered Holder the job and he accepted, the source said. The announcement is not likely until after Obama announces his choices to lead the Treasury and State departments.
Holder, 57, has been on Obama’s “short list” for attorney general from the outset. A partner at the D.C. law firm of Covington & Burling, Holder served as co-chief (along with Caroline Kennedy) of Obama’s vice-presidential selection process. He also actively campaigned for Obama throughout the year and grew personally close to the president-elect. Holder has not returned a call seeking comment; a spokeswoman for the Obama transition team told Newsweek in an e-mail early Tuesday afternoon that no decision has been made.
A New York City native who graduated from Columbia University and Columbia Law School, Holder spent years as a federal prosecutor—a job in which he earned a reputation as tough and aggressive foe of public corruption. After serving in the pubic integrity section of the Justice Department’s Criminal Division and later a District of Columbia Superior Court judge, Holder was named by President Clinton as U.S. attorney for the District of Columbia. He became deputy attorney general in 1997 under Janet Reno and was viewed as a centrist on most law enforcement issues, though he has sharply criticized the secrecy and the expansive views of executive power advanced by the Bush Justice Department.
More as it comes…
UPDATE: From Marc Ambinder at The Atlantic:
Barack Obama has tapped CBO director Peter Orszag to be director of the Office of Management and Budget, my collegues at National Journal report today.
He’s a youngish overachiever, just 40, and subscribes to the theory of what he once called “cool-headed, warm-hearted” economic policy. Judging by his blog, Orszag has smart and interesting things to say about the intersection of psychology and economics, the long-term vs. short-term effects of climate change legislation, honest budgeting and accounting, and lots more.