Reuters published an article titled "Clinton Names Hawke, Geithner To Top Treasury Posts." Conspicuously absent from the title is Edwin Truman, also named to a top treasury post.
Edwin Truman is a Council on Foreign Relations member. Clinton's Deputy Secretary of the Treasury, Roger Altman, is also a Council on Foreign Relations members.
In 1988, Timothy Geithner, worked for the Center for Strategic and International Studies, a CFR Washington based think-tank ( see The CFR & the Center for Strategic and International Studies ).
John Hawke, was an intelligence operative who worked in Portugal in 1965. Just about every CIA director, including CIA directors John Deutch, and R. James Woolsey, and CFR member Clinton's first choice for Deutch's spot, National Security Advisor Anthony Lake, is a Council on Foreign Relations member.
The Reuters article follows :
>Clinton Names Hawke, Geithner To Top Treasury Posts
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> WASHINGTON (Reuters) - [Council on Foreign Relations member] President Clinton named three officials to key positions at the U.S. Treasury Department Monday in recess appointments that temporarily escape the need for confirmation by the Senate, the White House said.
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> [Council on Foreign Relations member] Clinton named John Hawke as comptroller of the currency and Timothy Geithner and [Council on Foreign Relations member] Edwin Truman respectively as under secretary and assistant secretary for international affairs at the Treasury Department. The White House said [Council on Foreign Relations member] Clinton would resubmit the nominations when the 106th Congress convenes.
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>Under the Constitution, the president has the right to make appointments to positions that require Senate confirmation when the chamber is not in session. However, such recess appointments expire at the end of the next Senate session.
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>By announcing that [Council on Foreign Relations member] Clinton plans to resubmit the nominations at the start of the 106th Congress, which is due to convene in January, the White House appears to be signaling it is not trying to circumvent the Senate confirmation process entirely.
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>The comptroller of the currency is responsible for regulating and supervising the U.S. national banking system and the federally licensed branches and agencies of foreign banks doing business in the United States.
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> As the Treasury's under secretary and assistant secretary for international affairs, Geithner and [Council on Foreign Relations member] Truman will play key roles in formulating out U.S. policy on the financial crisis that began in Asia and has spread to other emerging markets.
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>Hawke is currently the Treasury's under secretary for domestic finance and Geithner is its assistant secretary for international affairs. [Council on Foreign Relations member] Truman is now staff director of the Federal Reserve's Division of International Finance.
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