Key Treasury Department Positions Remain Vacant; Holdovers Might Not Be Long-term Appointees

In the last Charity and Security Network Newsletter, we noted that the Under Secretary for Terrorism and Financial Intelligence in the Bush administration, Stuart Levey, was retained by Treasury officials. While this raises concerns about the potential for developing sensible counter terrorism finance policies, it might not be a long lasting situation. The Wall Street Journal reports that the Obama administration's efforts to avoid hiring persons related to the banks receiving bailout funds has slowed down the appointment process at the Department of Treasury. With many positions remaining to be filled, several holdovers from the Bush administration were retained, but the length of their service remains undetermined.

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