According to this AP article, the Treasury Department, under Secretary Tim Geithner, is understaffed and needs help. According to Daniel Wagner of the AP:
"Critics say part of the problem is that Geithner is flying solo: Not one of his top 17 deputies has been named, let alone confirmed. And without senior leadership, lower-level Treasury employees can't make decisions or represent the government in crucial conversations with banks and others.
"As Geithner strives to address the financial crisis, advance Obama's agenda and work with foreign leaders to stave off economic disaster, he's assembled a 50-person "shadow cabinet" of would-be appointees. Those people have received hall passes and can advise Geithner, but they lack any authority.
"'Everyone would think it's a travesty if the Defense Department didn't have a lot of their people in place, because you're in a crisis fighting a couple of wars," said Tony Fratto, who was a Treasury spokesman under President George W. Bush. But Tim Geithner is fighting wars on a few fronts himself, and he doesn't have the generals there to help him."
17 new top deputies, huh? In keeping with Obama's traditional vetting process, he should just cruise through the IRS's auditing records for potential nominees.
Thursday, March 5, 2009
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