Quicklook at what the President's said (press conference):

... Election has changed many things but not Bush's responsibility to protect the United States. Secretary Rumsfeld and President have decided it is time for new leadership at the Pentagon and a fresh perspective on the war. Has asked Bob Gates (former Director, CIA) to be the new SECDEF.... Gates is currently serving as a member of the Iraq Study Group. President will have more to say later today on Rumsfeld and Gates...

On the elections, to our enemies, do not mistake the election results as a change in our resolve. To the people of Iraq do not be fearful, America will stand by you. To our service men and women, we will always support you...