reports that Gov. Chris Gregoire of Washington is “Out of state, but her office won’t say where she is. Spokesman Pearse Edwards said that Gregoire will be making an announcement Tuesday morning, and that no further information would be released before then.” Given that Gov. Bill Richardson has abandoned his nomination at Commerce, could it be that Gregoire is headed to D.C. for an announcement? Stay tuned to DoubleSpeak for more on this developing story.
Treasury Secretary John Snow resigned his post this morning and will be replaced by Goldman Sachs Chairman and CEO Henry M. Paulson Jr.
From the Associated Press:
Treasury Secretary John Snow has resigned and will be replaced by Goldman Sachs Chairman Henry M. Paulson Jr., a senior administration official said Tuesday, in another chapter of a White House shake-up to revive President Bush’s troubled presidency.
Bush was to announce the changes in a White House ceremony later Tuesday.
Snow, the former head of railroad giant CSX Corp. who has a Ph.D. in economics, has been Treasury secretary since February 2003. His departure has been rumored for more than a year.
Paulson has been chairman of Goldman Sachs for about eight years. It is considered one of the premier financial firms on Wall Street and has sent a number of its top executives to high positions in Washington.
May 30, 2006 by Peter Slutsky in
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