WASHINGTON (CNN) - A leading contender to serve as the top deputy to Treasury Secretary Timothy Geithner is no longer under consideration for the post, as 17 top jobs at the department remain unfilled in the middle of the financial crisis.
Annette Nazareth, a former top official at the Securities and Exchange Commission, was being considered for the prestigious post of Deputy Treasury Secretary but is no longer in the running, according to an official familiar with the matter.
While Nazareth was never formally nominated for the job, she did have interviews for the post and a background search was being conducted. But the official stressed that this "was not a vetting issue," such as the tax matters that tripped up nominees such as Tom Daschle and Nancy Killefer.
Nevertheless, the development could be a blow to Geithner as he struggles to deal with the financial crisis at a time when 17 top jobs beneath him remain unfilled at the mammoth agency.
With a name like Nazareth, I feel I can trust her. I hope she reconsiders taking the job. She doesn't have any tax problems, so what's the problem?
It's really sad when every economist has a Wall Street connection and are afraid of ending the perks that helped them to get rich. It's really sad. Well, President Obama, we knew this wouldn't be easy. Honesty is a rare thing in D.C.
Well, Obama said that Geitner was the "only man" they wanted and they are proving it!
Now here come the 'bots blaming Bush for the problems at the Obama Administration's Treasury Department...
Good help – especially at this intellectual level – is difficult to come by. There aren't too many Americans that have the education and intellect to perform well in this function as Deputy to the Treasury Secretary. The pool of CVs for qualified applicants can't be that large. I hope that Geither can get the staff that he needs to tackle the business that needs to be addressed. With good staff supporting him, I believe that Geither will be able to perform his job with a high level of quality.
...and speaking of the others who were let go due to tax issues... more PROOF that the Obama administration is trying to be bipartisan and find common ground w/ republicans: some dems don't like paying taxes anymore than their republican counterparts, it seems! hahaha lol...
Obama needs to send Emmanuel or others over to Treasury to help get Geithner off his arse. Geithner was not prepared when he first went before COngress. He does not appear to be on top of doing the most important part of his job – getting help. Perhaps Obama should have considered that since geithner did not understand how to fill out a From 1040, nor use 3rd grade level tax program Turbo Tax for Dummies, then just maybe he would not be prepared to led the US Treasury.
Why is it that all the finanical people are having trouble clearing anything? that just goes to show how much these people were lose doing their own thing with no regulations no overseer under bush's watch However I'm sure the idiot repubs will find a way to pin this on President Obama.
SEC? Good choice to drop her. She helped drop this nation to it' knees.
Tim's tax woes won't go away for a while, while his deputy is gettin' some soberin' and adorin' (?) attention. A treat to watch 'n' hear, perhaps?
I guess this Sigourney Weaver look-alike wants nothing to do with being a part of Obama's toxic policies. His claim of inheriting this whole mess is wearing thin considering his plans are making it markedly worse!
I was disappointed to hear that Sanjay Gupta isn't going to be Surgeon General. He was perfect for the job because he is on TV and is famous and reads the teleprompter really well.
They need to get on those jobs filled. Geithner cannot do it by himself
Since when is someone NOT getting a job news?
She must not have paid her taxes too.
I love Obama, he can do no wrong..
Perhaps nobody wants to work for this kid Geithner?
It's just so hard to find a scandal-free lib these days!
Worst is yet to come for job market
This is the most brutal downturn in decades, but the unemployment numbers only show part of the pain.
No worries.., Obama is in the house!!
She is smart...... run ..... run...... Dr. Gupta did.
This administration is a sinking ship ..... looks what has been done in 40 days..... it can't stay focused on one subject.... the economy. During the campaign..... it was economy.... he hasn't fix that .....but now the education and health are in crisis...got to do it now ....you haven't done anything yet.
I didn't know we had 100% unemployment in education and health..... I thought production and manufacturing....hello. Good for you maam... there is not enough of money in this world to go down with this Titanic.
Could it be that there just arent that many qualified democrats to fill these jobs?
This is the best news I've read in a long time!
If enough of us stick to our Principles, we will get through this!
I'm going to continue to put the pressure on in all the ways a Private Citizen can.
My new Battle Cry:
Impeach now and Hope there is some Change Left!
Looking back..., its now laughable how the progressive media sold America on how prepared Obama would be taking over the reins of the presidency. A rock solid vetting process that was putting together the greatest adminstration of our time.., they said. Yet what a freaking joke we are seeing!! Oh how the American media has fallen since putting their own liberal adenda first.
The Barnum & Bailey Administration rolls on.
Well at least people aren't getting on the sinking ship.