Secretary of the Treasury John Snow is will be stepping down from his position sometime over the next few days, he has told the White House. He plans to stay no later than July 3. Snow, a former railroad executive who a source says is excited to get back to the private sector, has been little more than a yes-man for this administration's policies. He has enthusiastically promoted extremely regressive business tax breaks and has done little to proactively fight what is turning into a cycle of continuing budget deficits. Director of Federal Fiscal Policy at OMB Watch Adam Hughes has stated: As with other cabinet Secretaries, Snow's job has become much more about defending and selling the president's misguided economic policies and less about the Secretary taking an active role in shaping policy. One must look no further than the Treasury Department's muffling of the debate on tax reform late last year. During Snow's tenure, the country has seen average wages stagnate for years on end, the trade gap widen, gas prices shoot through the roof, and despite this, the government has made claims of solid and robust economic growth. Unfortunately for most Americans, that growth has been concentrated in corporate profits and compensation for CEOs and top executives. According to the Washington Post, "possible candidates to succeed Snow include former commerce secretary Donald L. Evans, a longtime Bush friend; Commerce Secretary Carlos M. Gutierrez, a former Kellogg Co. chief executive; Ambassador David C. Mulford, a former treasury undersecretary who represents the United States in India; and Stephen Friedman, the president's former chief economic adviser and a former Goldman Sachs chief executive." Washington Post: Treasury Secretary to Step Down