WASHINGTON, D.C. (CBS) President Obama is starting his second term, but he's losing several of his cabinet members, including outgoing Secretary of State Hillary Clinton. The two sit down in an interview airing on 60 Minutes on Sunday.

Barack Obama and Hillary Clinton have faced questions together before in the 2008 presidential debate. Back then it was a very different relationship, in the midst of an already bitter rivalry.

"While I was working on those streets, you were a corporate lawyer sitting on the board of Wal-Mart," said then presidential candidate Barack Obama.

Clinton replied, "You were practicing law and representing your contributor Resco and his slum landlord business in inner city Chicago."

The relationship quickly changed after Clinton endorsed Obama who later named her Secretary of State.

"I have no doubt that Hillary Clinton is the right person to lead our State Department and work with me in tackling foreign policy agenda," said Mr. Obama.

In the 60 Minutes interview, Mr. Obama said he wanted to sit down with Clinton for the interview as an opportunity to thank her.

"I think Hillary will go down as one of the finest Secretary of States we've had," said Pres. Obama.

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