CNN/Money One for credit card only hard offer form at $9.95 One for risk-free form at $14.95 w/ $9.95 upsell  
Commentary > HaysWire
graphic
Early Snow fall?
White House may want salesman for new programs -- and chief of staff may be that man.
December 6, 2004: 8:45 AM EST

NEW YORK (CNN/Money) - More buzz about Treasury Secretary John Snow getting the boot from the White House after a New York Times article stirred the pot of news that's been simmering the past few weeks.

The Treasury department continues to treat this as "rumor and speculation," but clearly someone who is on their team -- President Bush's administration, that is -- must be working against Snow or stories like this would not be appearing.

The big job for the White House economics team now is selling Bush's plan to partially privatize Social Security and reform the tax code. Forces lining up against these plans are already charging that they will help fat cats at the expense of regular chumps.

Mr. Bush seems to believe wholeheartedly that his "ownership" society will help turn everyone into fat cats, as long as they are willing to take advantage of what he's offering.

Apparently the President is looking for a new super-salesman, and deciding that John Snow ain't the guy.

But is a White House chief of staff the right guy to watch over the dollar at a time when it's hitting record lows against the euro?

The answer to that question could be interesting indeed.  Top of page




  More on COMMENTARY
Yes Virginia, there is a Santa Claus rally
Thanks for nothing, Corporate America
It's not just the economy, stupid
  TODAY'S TOP STORIES
7 things to know before the bell
SoftBank and Toyota want driverless cars to change the world
Aston Martin falls 5% in its London IPO




graphic graphic

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.