Transition, Ch. 2, Econ

Rest assured. Maybe.

There may be just one president at a time, but when it comes to the $700 billion bailout package, Barack Obama’s team is getting a toe in the door.

The Bush Treasury Department says that as it fills senior staff positions in the $700 billion bailout effort on a permanent basis, it will consult with the president-elect’s key economic advisers before he takes office on Jan. 20.

“Treasury recognizes that a smooth transition is in the best interests of the financial markets and is committed to making sure this one is done in a first-rate manner,” said spokeswoman Brookly McLaughlin.