Sunday, January 17, 2010

Dodd To Treasury?

Dodd To Treasury? The Atlantic

Roll Call speculates that Sen. Christopher Dodd (D-CT) may not be retiring after all -- he may trade his office in the Senate's Russell Building for one in the Treasury. Could he replace Tim Geithner as Treasury Secretary? It's not beyond the realm of possibility, but I doubt it.

Roll Call says:

For instance, several Democratic Senate aides noted that Treasury Secretary Timothy Geithner is an extremely unpopular figure in the Senate. Geithner has also taken the brunt of the criticism for the administration's handling of the economy and, these sources speculated, if the country's financial picture does not brighten before Election Day, he could be the first secretary to leave the administration.

Although Dodd would appear to be well-situated to take control of Treasury if the position were to open, it may not be smooth sailing for his nomination.

....So while I think it's possible that Dodd could very well end up in the Obama Treasury in some capacity, I'd be pretty surprised if he got the top post. Maybe he could run the one of the new agencies that financial regulation seeks to create -- like the Consumer Financial Protection Agency. Something like that seems a lot more likely to me than Dodd replacing Geithner.

Comment: How's that for you; the fox builds his own hen house (CFPA) and the farmer agrees to a contract with the fox to watch over his hens.

Folks we should have repealed the 17th years ago. Get the word out, the oligarchical empire building must be defeated, the states' constitutional power must be restored, and the 17th must be repealed!

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