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MONDAY, DECEMBER 9, 2002

President Bush has picked another corporate executive as his Treasury Secretary, according to news accounts.

John W. Snow, chairman of the CSX Corporation, a railroad company, has accepted the job although he still has to undergo an extensive background check. He is an economist and a lawyer and served in the Ford administration.

Snow replaces Paul H. O'Neill, who resigned on Friday in a huff after being asked by the White House to leave. Accompanying the exit was Lawrence Lindsey, Bush's top economic adviser.

Get the Story:
Bush Picks CSX Corp. Chief for Treasury (The Washington Post 12/9)
On Economy, Bush Reveals His Soft Spot (The Washington Post 12/9)
Bush Said to Pick Chief of Railroad for Treasury Job (The New York Times 12/9)
Outside the U.S., Relief Over O'Neill's Departure (The New York Times 12/9)
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Relevant Documents:
O'Neill Resignation Letter (December 6, 2002)

Relevant Links:
The Department of Treasury - http://www.ustreas.gov

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