As he did frequently while campaigning, Biden promised that the U.S. would eventually emerge with an economy that was dramatically remade to better stamp out economic inequality.

By Zeke Miller, Will Weissert, Associated Press

President-elect Barack Obama picked Gov. Bill Richardson, D-N.M., as his commerce secretary nominee Tuesday. Amy Walter of The Hotline looks at how Mr. Obama's Cabinet is shaping up and recent developments in outstanding Senate races.

President-elect Barack Obama unveiled his top economic advisers Monday, saying they share his desire to fuel long-term economic growth and create jobs. Economic experts examine the challenges that lie ahead for the team.