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No Confirmation Hearings for Bailout Czar

HeadlineOct 10, 2008

In other economic news, the website Politico is reporting Banking Committee Chair Chris Dodd has no plans to subject the new bailout czar Neel Kashkari to confirmation hearings. Kashkari is the thirty-five-year-old Treasury official tapped by Secretary Henry Paulson to oversee the more $700 billion bailout. Like Paulson, Kashkari is a former employee of Goldman Sachs. Kashkari graduated from business school six years ago.

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