IMHO the appointment isn't to insulate Durham from Biden; the violation of "out of govt" reg negates that approach.

This move is to Block Trump from declassification of material now under Special Counsel review.

Barr is protecting Deep State not investigating it. Prove me wrong https://twitter.com/seanmdav/status/1333872578675560448
The appointment of USAO Durham as SC violates the very regulation that Barr cites:

" The Special Counsel shall be selected from outside the United States Government. "

https://www.law.cornell.edu/cfr/text/28/600.3
Incoming Biden just eliminates Durham because his status is in violation of the statute that authorized his existence.

So the question is.... Barr is not stupid, he knows this... Why would he do this?

Cont...
The most obvious answer is the appointment of a special counsel blocks President Trump from declassifying material under the investigative authority of Durham.

Barr has painted Trump into a legal box, and justified the non-release of evidence adverse to FBI/DOJ and Mueller.
The appointment in October essentially hand-cuffed POTUS regardless of election outcome.

If Trump loses the evidence is forever sealed.
If Trump Wins the SC blocks any release.

Sneaky move by Bill Barr
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