Dean Picked for No. 2 Treasury Post
The Bush administration tapped an academic to take over the No. 2 job at the U.S. Treasury in the latest shuffle at the department that included the resignation of its top debt management expert.
The White House announced that Susan C. Schwab, dean of the School of Public Affairs at the University of Maryland, was its choice to become deputy Treasury secretary.
In a series of changes, the department also said that Peter Fisher, the undersecretary of domestic finance, would quit in October and that he would be replaced by Kenneth Leet, a managing director at Goldman Sachs Group Inc.
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