CHICAGO - President-elect Barack Obama is on track to nominate Hillary Rodham Clinton as Secretary of State after Thanksgiving, an aide to his transition said 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.

The transition aide told The Associated Press that the two camps have worked out financial disclosure issues involving Clinton's husband, former President Bill Clinton, and the complicated international funding of his foundation that operates in 27 countries. The aide said Obama and Hillary Clinton have had substantive conversations about the secretary of state job.

Clinton has been mulling the post for several days, but the transition aide's comments suggested that Obama's team does not feel she is inclined to turn it down.

Some Democrats and government insiders have questioned whether Clinton is too independent and politically ambitious to be an effective secretary of state. But Obama is said to admire her talents and experience, as do many other Democrats.

Clinton would have to surrender her New York Senate seat, which she has held for eight years, to take the job.

Clinton spokesman Philippe Reines would not comment Thursday night, except to say that anything about Cabinet appointments is for Obama's transition team to address.