Obama on Track to to Nominate Clinton as Sec. of State

U.S. President-elect Barack Obama is on track to nominate Hillary Rodham Clinton as secretary of state after Thanksgiving, CNBC's John Harwood confirmed Thursday.

One week after the former primary rivals met secretly to discuss the idea of Clinton becoming the nation's top diplomat, the two sides were moving quickly toward making it a reality barring any unforeseen problems.

A transition aide to Obama's team told Associated Press they have worked out financial disclosure issues that involved her husband, former President Bill Clinton, and the complicated international funding of his foundation that operates in 27 nations.

Hillary Clinton and Barack Obama
Hillary Clinton and Barack Obama

The aide said the two have had substantive conversations about the post.

As for the incoming administration's national security team, the aide said, possible appointments are being worked out and no formal announcements will be made before Thanksgiving.

-- AP contributed to this report