Amidst much criticism that the myriad vacancies at the Department of Treasury are having a negative impact on policy-making — a criticism made by presidential adviser Paul Volcker, among others — the Obama administration today announced three nominees for Assistant Treasury Secretary positions:
David S. Cohen, Assistant Secretary of Treasury, Terrorist Financing;
Alan B. Krueger, Assistant Secretary of Treasury, Economic Policy; and
Kim N. Wallace, Assistant Secretary of Treasury, Legislative Affairs.
All three currently serve as counselors to Treasury Secretary Tim Geithner.
Of the 18 positions at the department that require Senate confirmation, until today Geithner was the only one even nominated.