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Treasury Secretary

By Matthew Yglesias  

"Treasury Secretary"

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The Page lists the following candidates:

Treasury secretary: president of the Federal Reserve Bank of New York Timothy F. Geithner, former Federal Reserve chief Paul A. Volcker, former Treasury Secretaries Robert E. Rubin and Lawrence H. Summers.

As the ninth most important person in America, I don’t think this makes much sense. The Fed Chairman is more important than the Treausury Secretary. Volcker’s already been Fed chair and wouldn’t take a less important job. Rubin and Summers have already been Treasury Secretary and wouldn’t want to do the same job again. Geithner would be the logical candidate to succeed Ben Bernanke as Fed Chair (the more important job) in 2010. It’s not going to be any of these people.

Bob Kuttner (the 27th most important person in the country) thinks the job ought to go to current FDIC Chair Sheila Barr (currently the 13th most important person) so it’ll either go to her, or else to Laura D’Andrea Tyson Wonk Room economics blogger Pat Garofalo who’s only the 1,245th most important person in the country but has been rocketing up the charts since graduating from college back in May.

‹ A but B or B but A?

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