White House Nominates 2 for Treasury Posts

[Rose Siding]

WASHINGTON -- Susan Schwab, President Bush's first choice to take the No. 2 job at the Treasury Department, dropped out Friday, citing unspecified personal reasons.
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Schwab, tapped by Bush in July to replace former Deputy Secretary Kenneth Dam, said in a letter to the president that she was withdrawing her name from consideration because "compelling personal reasons lead me to conclude that it will not be possible for me to serve at this time."

Treasury officials would not elaborate on the reasons that Schwab, a dean at the University of Maryland, decided not to take the Treasury post.

It marked the second withdrawal of a Treasury nominee in two days. On Wednesday, Goldman Sachs executive Kenneth Leet dropped out from consideration to be under secretary of domestic finance, citing health reasons.

http://www.newsday.com/news/politics/wire/sns-ap-treasury-nominations,0,2200068.story?coll=sns-ap-politics-headlines

[Wwagsthedog]

1. Message to bush. Rats do not jump on to a sinking ship.

n/t