Tuesday, October 7, 2008

Politics

USN Current Issue

Treasury secretary may be fall guy in port flap

By Paul Bedard
Posted 2/24/06

Some Republican advisers to Hill leaders, angered with the poor handling of the plan to hand over operations at major U.S. ports to a Dubai company, are suggesting that Treasury Secretary John Snow may take the fall for the White House.

Even as administration officials dismissed the suggestion outright, some lawmakers and their aides were looking to pin the blame on somebody other than the president and the White House. They're focused on Snow because he is the head of the group that approves such deals, the Committee on Foreign Investment in the United States, or CFIUS. Snow has said he didn't learn about the port deal until it was publicized last week.

While he is still liked inside the White House, it has long been rumored that Snow would be resigning this year. And some conservative opponents of the deal are suggesting that he – and whomever he designated as his representative during the CFIUS review – bow out soon to take the heat off the president.

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