John Snow to Stay at Treasury
Treasury Secretary Snow will stay in job, White House says (CNN)
Treasury Secretary John Snow has said “yes” to President Bush’s request that he remain in his post in a second Bush administration, the White House said Wednesday. “The president is pleased that Secretary Snow decided to stay on for his second term. He is a valued member of the economic team,” White House Spokesman Scott McClellan said.
Snow, 65, has led the Treasury Department since February 2003. His future had been the focus of considerable speculation as Bush shook up his Cabinet following the Nov. 2 election: Last week, the Washington Post quoted an unnamed official as saying Snow could stay as long as he wants — “provided it is not very long.” But Bush took Snow into the Oval Office Wednesday and formally asked him to stay, following a weekly lunch with his entire economic team, and Snow accepted.
Interesting. Either the leaks were wrong or Bush has changed his mind. I’ve never heard any argument that Snow is doing his job poorly; the consensus seemed merely that a change was needed.
Bush is asking Snow to stay on because apparently no one else wanted the job. It seems that even people who voted for Bush know that serving in his cabinet as a cheerleader will just diminish their own credibility.
Yes, Ken, I’m sure that’s it.
KEN was the official!!??
Well, it could be, James. I mean, maybe they’re seeing what’s happening at Notre Dame and wondering if they can get a top-shelf SecTreas pried away from Citi or JPMorganChase or Utah or Louisville…. 🙂