Good bye, and good riddance.
Robert Reich would do a good job, and he’s been tested and served in other areas in the present, and previous administrations.
Guessing game begins over next Treasury chief
WASHINGTON (Reuters) – Wanted for the Treasury Department: a new boss who can fix trillion-dollar-plus budget deficits, overhaul the tax system and spur a reluctant Europe into fixing its debt crisis.
It’s a tall order, especially when the new Treasury chief also must deal with a fractious Congress – and all for a salary lower than that paid to many junior Wall Street bankers.
Economists, investors and veterans of past administrations are appraising potential successors to Treasury Secretary Timothy Geithner, either in a new Obama administration, if President Barack Obama is re-elected, or under Mitt Romney.
Geithner has made it clear that he is leaving the post he has held since January 2009 even if Obama, a Democrat, beats Romney, the presumptive Republican presidential nominee, in the November 6 election.
Lots of names are making the rounds. Among Democrats, they include finance leaders like Larry Fink of asset management firm BlackRock and politically connected Washington insiders like fiscal expert Erskine Bowles.
If the White House goes to the Republicans, Read the rest of this entry »