I keep hearing about this and have mentioned it here a few times in passing.

From Bloomberg …

Treasury Secretary Timothy Geithner, under intensifying pressure from Wall Street and Congress to complete his financial-rescue plan, is being handicapped by a dearth of staff experts critical to the effort.

Geithner’s strategy of forging a partnership with private investors to buy toxic assets would benefit from aides steeped in law and finance to thresh out the competing interests in the plan. Yet the administration has yet to nominate people for any of the Treasury’s financial posts as the White House seeks to avoid Senate confirmation battles.

Administrations often take a while to fully staff out. But under present circumstances Treasury is really sui generis.

So Lincoln, Obama and a Commerce secretary walk into a bar … well, at least Obama’s cracking jokes about it. That and the day’s other political news in the TPMDC Morning Roundup.

On Gregg’s rendezvous with destiny …

By citing reservations about the economic recovery package, Gregg reinforced widespread GOP criticism about wasteful spending that has less to do with reviving the economy than rewarding Democratic constituencies. And by noting his differing view on the census, Gregg breathed life into Republican charges of a White House power grab over a critical Commerce Department function.

Both issues are part of an emerging GOP case against Obama and the ruling Democratic Party: Strip away the new face, the lofty rhetoric and the promises of post-partisanship and you’ll find the same big-spending party of old, bent on politicizing government to consolidate its hold on power.

Even with the stimulus package on the verge of passing later this week, the unanimous GOP vote against the bill in the House and the near-unanimous opposition in the Senate revealed a Republican Party surprisingly united in direction and in message for perhaps the first time since losing its congressional majority in 2006.