Chuck Grassley: “The Treasury Secretary is, after the Vice President, perhaps the most important position in the President's Cabinet. As…”

“The Treasury Secretary is, after the Vice President, perhaps the most important position in the President's Cabinet. As I said at the nomination hearing 2 days ago, the Finance Committee has a bipartisan tradition of acting expeditiously on this nomination. The reason is the importance of this nomination in the Nation's economic policymaking. For this first time in recent history, we have a significant vacancy in the Treasury Department. There has now been a gap in service. That gap needs to be closed. As long as that vacancy remains, our markets wonder, our global trading partners speculate, and the President is denied his principal economic policymaker.”