Treasury: Why the Delay?

Josh makes a good point today about the dearth of appointments at Treasury. I’m told that major posts are going to get filled in this month and that the Geithner delay accounted for a lot of the subcabinet delay, although Holder seems to have gotten up to speed quickly. Meanwhile, smart additions at the National Economic Council include Michael Froman, a Harvard classmate of Obama’s from law school and a former chief of staff to Robert Rubin. Jeremy Stein is also going over there. He’s a Harvard economist who has had smart things to say about the bailout.