Our exclusive guests this week:

• Rep. Mike Pence, R-Ind.
• Rep. Eric Cantor, R-Va.
• John Podesta, Co-chair Obama-Biden transition team

President-elect Obama begins the transitional process of building his administration.

Obama chose Illinois Congressman Rahm Emanuel to be his chief of staff. So what does Obama's first choice say about the kind of presidency he envisions? And who else could be slated to become a member of the Obama administration? We’ll ask John Podesta, co-chair of the Obama-Biden transition team.

Also, House Republicans took a loss to their numbers on Tuesday and many are now clamoring for a return to their conservative roots. So how will Republican congressional members attempt to remake their image? We'll get answers from two up and coming House Republicans: Reps. Mike Pence, R-Ind., and Eric Cantor, R-Va.

Plus, election analysis from Brit Hume, FOX News Washington managing editor, and our panel of FOX News contributors Mara Liasson and Juan Williams of National Public Radio, and Bill Kristol of The Weekly Standard.

And, we take a look back at some of the highs and lows from the 2008 Election when we go "On the Trail."

So check your local listings and we’ll see you on the next "FOX News Sunday."