The Obama Administration continues a trend tonight: unable to fill top government jobs with qualified and clean candidates.
Today, Sanjay Gupta took his name out of consideration as the only nominee as Sergeon General. Gupta said he wanted to dedicate more time to his work at CNN but friends say he can’s give up his fat CNN pay check for the meager government pay.
At Treasury, Secretary Timothy “Can’t Work Turbotax” Geithner’s hand-picked deputy pulled her name out of consideration and will join Bill Richardson, Tom Daschle, Gupta and others in non-government work….
Good thing this is the administration of “hope.” We hope it works…..
Daniel Wagner, AP Business Writer
Treasury Secretary Timothy Geithner’s top pick to be his deputy withdrew from consideration Thursday, a setback for the agency as it confronts the worst financial crisis in decades.
Annette Nazareth, a former senior staffer and commissioner with the Securities and Exchange Commission, withdrew after several interviews and vetting of her financial history, a person familiar with Nazareth’s decision said.
But this person, who spoke on condition of anonymity because Geithner never publicly named Nazareth as his choice, said no problems with her taxes or other issues arose.
Nazareth, a partner at the law firm Davis Polk & Wardwell, could not be reached for comment. Treasury and White House officials would not comment on the matter.
Nazareth’s withdrawal from consideration comes as critics say Geithner’s lacks the senior staff he needs to make critical decisions about the financial crisis. Not one of his top 17 deputies has been named, let alone confirmed.
Without senior leadership, lower-level Treasury employees can’t make decisions or represent the government in crucial conversations with banks and others.
At a Senate hearing Thursday about failed insurance giant American International Group Inc. — which has received four separate bailouts totaling more than $170 billion — Sen. Chris Dodd said he had asked Treasury for someone to appear, but that no one was available.