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Article: The incredible shrinking U.S. Treasury: can new chief John Snow turn things around? (United States)(Cover Story).(President Bush's political advisers)
- Article from:
- The International Economy
- Article date:
- March 22, 2003
- Author:
CopyrightCOPYRIGHT 2003 International Economy Publications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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When Karl Rove, President Bush's chief political adviser, appeared recently at a hotel near the White House for a luncheon with the media, more than fifty newspaper and magazine reporters jumped at the chance to interview him. Nearly as many turned up when Jean-David Levitte, the French ambassador to the United States, was the guest at a similar event. But when John Snow made an appearance shortly after becoming U.S. Treasury Secretary, no more than twenty journalists attended, roughly the same number as showed up for a session with Gerald McEntee, a labor union official.
The turnout was a reflection of the status of the once-powerful Treasury Department in ...