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The elections on Nov. 6 mostly delivered the status quo, but raised a host of questions about how lawmakers will tackle the fiscal cliff, big bank breakups and housing finance reform.
November 7 -
Despite President Obama's victory Tuesday, the Democrats' financial policy agenda over the next two years will be far more about defending their past achievements than scoring new ones.
November 6 -
Until regulators are made more independent of the bankers they supervise, all the lawsuits and campaign promises in the world won't fix the financial system, says Neil Barofsky, former special inspector general of Tarp.
October 26
The position of U.S. Treasury Secretary is expected to become available in coming weeks as current chief Timothy Geithner has made it clear he
Prior to the presidential election, Dealbook's Andrew Ross Sorkin
"A former lawyer and career technocrat, he does not have much of a business background," Sorkin wrote, though he noted that Lew was briefly chief operating officer of Citigroup's Alternative Investments unit. "But the president is very comfortable with him, and that can go a long way."
Following the election, other news outlets, including
Forbes blogger John Wasik makes a convincing case for Sheila Bair, calling the former FDIC chairman "a fearless, intelligent reformer who already knows how banking regulation works — and how it can be simplified and strengthened."
Of course, Bair's recent book "
Atlantic contributor Ben Heineman Jr. says the Obama administration should "seriously consider" New York Mayor
Heineman does go on to acknowledge the clear counterargument for Bloomberg as Treasury Secretary. That is, his "huge personal wealth" presents a problem under current conflict of interest laws and he has "been reputed to play poorly with others."
And the New York Daily News, perhaps vaulting off of President Obama's post-victory promise to have a sit-down with his opponent, suggests Mitt Romney for the position.
"For Obama, Romney might be a helpful emissary to business folks," blogger David Swerdlick
Other names being debated, for better or worse, by various members of the media include former New York Governor and Attorney General
What's your take on the aforementioned candidates? Who do you think should become the next Treasury Secretary? Let us know in the comments section below.
Jeanine Skowronski is the deputy editor of BankThink. You can contact her at