Barack Obama has said dealing with the economic crisis is his administration's top priority, and it looks like the man who's going to head up those efforts is Timothy Geithner.
A senior Democratic official says Obama is likely to name Geithner as Treasury secretary. Geithner currently serves as president of the New York Federal Reserve. He earlier held posts in the Treasury Department under three administrations.
If he's nominated and confirmed, he'd take on chief responsibility for tackling an economic slowdown and a credit crunch that threaten to create the deepest recession in more than a generation.
Officials also say New Mexico Gov. Bill Richardson has emerged as a likely pick as Commerce secretary.
And Hillary Clinton is saying through a spokesman that discussions are "very much on track" for her appointment as secretary of State, but no final arrangement has been made.
Obama also has selected Eric Holder, a top Justice Department aide in the Clinton administration, as his attorney general.