Former FDIC Chair Sheila Bair spoke with FOX Business Network’s (FBN) Liz Claman and David Asman about who she thinks would be a good replacement for Treasury Secretary Tim Geithner. Bair said. “I like Erskine Bowles, I’ve known him for years I think he would be a very good Treasury Secretary.” Bair went on to say “that whoever the next Treasury Secretary is, should be one who can work with Congress on a bipartisan basis.”
A brief Excerpt from the interview is below:
On whether Erskine Bowles will be the next Treasury Secretary:
“Whoever the next Treasury Secretary is, should be one who can work with Congress on a bipartisan basis and actually get agreements. Someone who can complement the President’s skills in this area, but has creditability and stature on both sides of the aisle…I like Erskine Bowles, I’ve known him for years I think he would be a very good Treasury Secretary, very even handed. Bowles-Simpson was something that I supported. A lot of people did, and he and Alan Simpson have been throughout the country on their own dime promoting fiscal responsibility, educating the public they’re very committed public servants and I think Erskine would be a great Treasury Secretary, absolutely.”
