|
|
|
Updated: 11:48 AM May 30, 2006
Snow Goes; Bush Names Paulson To Succeed Him
The President confirmed Tuesday he’s nominating Goldman Sachs Chairman Henry Paulson to succeed John Snow as treasury secretary
Posted: 9:21 AM May 30, 2006 |
|
(May 30, 2006)—President Bush confirmed Tuesday morning that he's naming Goldman Sachs Chairman Henry Paulson to be treasury secretary. Paulson replaces John Snow, who has resigned.
Mr. Bush says Paulson has "a lifetime of business experience” and called him “a very able executive.”
He says Paulson also has "an ability to explain economic issues in clear terms."
He praised Snow for showing "strong leadership" at Treasury."
Democrat Chuck Schumer, who is on the Senate Finance Committee, calls Paulson "the best pick America could have hoped for." Schumer says he'll back the nominee.
Paulson has been chairman of Goldman Sachs for about eight years.
It's a high-profile job that has been a stepping-stone to high positions in Washington.
Snow has been Treasury secretary since February of 2003.
His departure has been rumored for more than a year.
Click Here For White House Web Site
 |
Double
Dollar Deals Half Price Deals at Central Texas restaurants and businesses. A new deal every Thursday at 7:00am. |
 |
Boss
of the Month Who is Central Texas’ best boss? Nominate your supervisor for Boss of the Month! |
 |
Golden
Apple Your chance to nominate an outstanding teacher. Find out how they are making a difference in classrooms. |
 |
Emily Wants to Know Emily Matthews' inquisitive look at life in Central Texas. |
 |
Army Way Learn all about the symbols, traditions, and customs of the US Army. |
FSR/Call Center - Genco Federal Credit Union is currently seeking a full time Financial Service Representative for their call center. We offer great benefits and a friendly work environment. If you enjoy working with customers and possess a strong work ethic, we're looking for you!
Also, take a look at the most recent jobs posted to Job Board TV at KWTX.com: View More Jobs.
