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 | Hi everyone, With a public anxious to see what a new president will do in uncertain times, the transition of power is moving at warp speed. Less than a week after being elected president, Barack Obama met today with President Bush in the Oval Office. There were smiles and handshakes, as expected, but privately, the Obama team is looking into reversing dozens of President Bush's Executive Orders. Chip Reid is there with the full story. During the campaign, Mr. Obama laid out a very ambitious White House agenda. But will he be able to deliver on his policy promises? Wyatt Andrews reports. Meanwhile, the federal government is throwing insurance giant AIG an even bigger lifeline. The Fed and Treasury Department today announced a bolder bailout that’s nearly doubled – to $150 billion – saying it would promote market stability. Anthony Mason has this story and I'll have other troubling economic news in our Financial Notebook. Also, in the midst of this credit crunch, plenty of Americans are ditching … credit. Is cash back in style? Randall Pinkston has a new installment of our series, “Dollars & Sense.” Next: what could be a medical revelation. For the first time ever, doctors have used cholesterol-lowering Statins to prevent heart attacks and strokes in people with normal cholesterol levels. Dr. Jon LaPook explains why this new approach could save thousands of lives – and change the way doctors treat patients to prevent heart attacks and strokes. Finally tonight: As her husband prepares to become the nation’s 44th President, Michelle Obama is preparing for her own transition. I’ll have a preview of what we might expect from her as First Lady. See you tonight,
Katie Couric
CouricandCo@cbs.com
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