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Article: Commerce Secretary Evans Joins Ranks of Unemployed
- Article from:
- Dollars & Sense
- Article date:
- January 1, 2005
- Author:
CopyrightCopyright Economic Affairs Bureau Jan/Feb 2005. Provided by ProQuest LLC. (Hide copyright information)
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This past November, Secretary of Commerce Don Evans tendered his resignation the same day as Attorney General John Ashcroft. Understandably, Ashcroft's departure overshadowed Evans' in the news, but the Secretary too deserves his due. Here's a quick review of the man's contribution:
Evans and the president have been friends for over three decades, and partners in crony capitalism for half that time. In 1989, Bush was appointed to the board of Texas oil company Tom Brown, where Evans was CEO. Before leaving the board to become governor, Bush voted to give Evans a raise and bonus. Evans' chief qualification for a cabinet position, however, seems to have been his job as finance chairman for ...