Sheila Bair for Treasury Secretary

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Sheila Bair for Treasury Secretary

Sheila Bair for Treasury Secretary

We need her as well as Bill Black.


Forbes-

Tim Geithner seems to be on his way out as U.S. Treasury Secretary. While he played an instrumental role in keeping the global financial system afloat, he unfortunately protected the banks that had the biggest role in the 2008 meltdown.

For Geithner’s replacement, President Obama should nominate Sheila Bair, a Republican whom I consider an ideal candidate.

Unlike Geithner, her agenda includes aggressively cleaning up the banking system and reducing systemic risk. The former chairman of the Federal Deposit Insurance Corp. (FDIC) is a fearless, intelligent reformer who already knows how banking regulation works — and how it can be simplified and strengthened.

[FORBES]

image: New York Times

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