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Re: RickNagra post# 458457

Thursday, 05/03/2018 12:04:40 AM

Thursday, May 03, 2018 12:04:40 AM

Post# of 867869
I believe Mnuchin made this comment about replacing Watt not to throw off on Watt. I believe Watt and Treasury had a pretty good working relationship. They worked together on the 3B capital buffer.

I believe Mnuchin said what he said because it has to be done. Mel Watts term is about up and they will want to have "their man" in place on 1/1/19...

I think a nomination for his successor will be made sooner rather than later because of the amount of time it take to get a conformation.

Disclaimer This is all just my opinion.

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