As Obama adds to second term team, questions rise on nominees’ links to financial giants, torture and targeted killings

The transition to president Obama’s second term administration continues to take shape with the departure of More federal agency heads Federal Trade Commission Chair Jon Leibowitz and Energy Secretary Stephen Chu both announced Friday that they will be stepping down. President Obama has already made some key nominations for his economic team in the second term, tapping Mary Jo White to lead the Securities and Exchange Commission and Jack Lew to run the Treasury Department. But some economic experts say both nominees have a history of protecting big banks from regulation or prosecution and another major Obama nominee to lead the CIA faces allegations of supporting torture and extrajudicial killings. In Washington, FSRN’s Alice Ollstein has more.