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Position: Secretary - Treasury

The secretary of the treasury is the principal economic adviser to the president and plays a critical role in policy-making by bringing an economic and government financial policy perspective to issues facing the government. The secretary is responsible for formulating and recommending domestic and international financial, economic, and tax policy, participating in the formulation of broad fiscal policies that have general significance for the economy, and managing the public debt. The secretary oversees the activities of the department in carrying out its major law enforcement responsibilities; in serving as the financial agent for the United States Government; and in manufacturing coins and currency. The secretary, also known as the chief financial officer of the government, serves as chairman pro tempore of the president's Economic Policy Council, chairman of the boards, and managing trustee of the Social Security and Medicare Trust Funds. He or she also serves as U.S. governor of the International Monetary Fund, the International Bank for Reconstruction and Development, the Inter-American Development Bank, the Asian Development Bank, and the European Bank for Reconstruction and Development.

Type of Appointment/Position: Presidential with Senate confirmation    


Max B. Sawicky Rate this Nominee   Current Rating: click to rate

Nominee's Background:

Max B. Sawicky is an Economist at the Economic Policy Institute in Washington, D.C. He resides with his wife and daughter in Silver Spring, Maryland. He received an M.A. and Ph.D. in economics from the University of Maryland/College Park.

He has worked in the Office of State and Local Finance of the U.S. Treasury Department and the U.S. Advisory Commission on Intergovernmental Relations. He has studied and written about the economics of public finance, with an emphasis on the Federal budget, tax policy, the U.S. federal system, state and local finance, privatization, and welfare reform. His reports for the Economic Policy Institute include: "The Roots of the Public Sector Fiscal Crisis," "The Poverty of the New Paradigm," and "Up From Deficit Reduction."

He is a co-author of Risky Business: Private Management of Public Schools, and he is the editor of The End of Welfare? Consequences of Federal Devolution for the Nation (M.E. Sharpe, 2000). He has been a contributor to Tax Notes, Working USA, Challenge, The American Prospect, Dissent, New Economy, Social Policy, In These Times, Social Forces, Newsday, the Newark Star-Ledger, the Houston Chronicle, the Boston Globe, the Los Angeles Times, and many other newspapers. He serves on the National Executive Board of Americans for Democratic Action

Nominating Speech:


To research this nominee, please look for them on the Wikipedia website or at Google.
Progressive Criteria:
The Treasury Department will

Put protecting consumers ahead of protecting the interests of banks, including protecting confidentiality, measures against identify theft, protections against predatory lending, especially from credit card companies;

Work to guarantee bankruptcy protection for ordinary Americans;

Support adding labor and environmental safeguards to international trade agreements;


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