Treasury Nominee to Face Senate Panel
- Share via
Lawmakers will get their chance to put U.S. Treasury nominee John W. Snow on the hot seat Tuesday as President Bush seeks to rebuild his economic team in preparation for a tax-cut battle.
The wealthy rail executive is assured a courteous, but not placid, question-and-answer session before the Senate Finance Committee, which must confirm Bush’s choice before he can take up his post.
Snow, 63, chairman of freight transportation giant CSX Corp., was named in December to replace dismissed former Treasury Secretary Paul H. O’Neill, who was followed out the door the same day by Lawrence B. Lindsey, head of the White House’s Council of Economic Advisors.
Snow will face close questioning on the Bush administration’s $674-billion, 10-year tax-cutting program, which he is expected to sell to lawmakers.
Snow has pledged to give up his chairmanship of CSX if made Treasury secretary and divest himself of his stock holdings.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
