Bush to Pick Goldman Sachs CEO
President Bush is expected to announce he'll choose Goldman Sachs chief executive Henry Paulson to succeed Treasury Secretary John Snow, the Wall Street Journal reports.
"Mr. Paulson and other high-profile Wall Street executives are thought to have topped the list of possible new treasury secretaries but showed little interest in taking the job. And last week, Donald L. Evans, a Texas oilman and close associate of the president who served as Mr. Bush's first commerce secretary, was reported to be the front-runner to succeed Mr. Snow."
http://politicalwire.com/archives/2006/05/30/bush_to_pick_goldman_sachs_ceo.htmlThe Washington Note
Now Zoellick is planning to leave the government after hearing through the grapevine that he did not make the short list to succeed Treasury Secretary John Snow.
The question now is who will come in after Zoellick. Sources have told TWN that Secretary of State Condoleezza Rice prefers to appoint Nick Burns as her DepSec.
But Cheney may use his influence to block Burns, whom many consider to be too much of a "diplomatic type". During the recent UN Security Council skirmishes with Russia and China over how to deal with Iran, John Bolton and various other Cheney acolytes began a whisper campaign against Nick Burns.
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But Cheney had wanted John Bolton in the DepSec job rather than Zoellick -- and in this next round, Cheney will not want Burns to help further strengthen Rice's hand in foreign and national security policy.
http://www.thewashingtonnote.com/archives/001409.php