Power house lawyer, Sullivan & Cromwell's H. Rodgin Cohen, has withdrawn his name from consideration as a candidate for a Treasury position, George Stephanopoulos is reporting.
Does this mean Tim Geithner has a longer life as Treasury Secretary? Possibly.
I fully suspected that a heavyweight like Cohen was being vetted for the top spot. Cohen is the top outside counsel for Goldman Sachs and just about every other major player on the street.
The reason for the withdrawal is still unclear at this time. Stephanopoulos is merely reporting that sources are saying that an, "issue arose in the final stages "
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