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Home » Store » Taxable » Snow Departs Treasury; Replacement Knows GSEs

Snow Departs Treasury; Replacement Knows GSEs

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Taxable

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Treasury Secretary John Snow, long rumored to be on the Bush administration’s departure list, officially announced his resignation this week to return to the private sector. President Bush nominated Goldman Sachs Chairman Henry Paulson, said to be very familiar with the GSEs, to replace him. While his views on GSE issues are unknown at this time, it’s improbable Bush would have named a successor to Treasury that wouldn’t support the administration’s goals when it comes…
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