Is Obama's Transition Team A Sign of Arrogance?

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Uploaded by on Jul 25, 2008

Marc Lamont Hill and Terry Boulanger appear on Fox and Friends to discuss the significance of the Obama campaign's decision to develop a transition team.

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  • Obama says moneyed interests won't have an inside track in his White House, but six of the 15 people he named to his transition team are top fundraisers.

    They include Julius Genachowski, a former technology and news media executive and an Obama classmate at Harvard Law who raised more than $500,000 for the campaign, and Federico Peña, a two-time Cabinet secretary in the Clinton administration who is a managing partner in a global investment firm. He collected more than $50,000.

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