"I look forward to learning more about John Snow through the nomination process. From what I know, he has several interesting attributes. One is his extensive business experience. We need a Treasury secretary who understands job creation. Another is his earlier comments about cleaning up corporate wrongdoing. I agree that restoring confidence in corporations is a key part of rejuvenating economic growth.
"Mr. Snow's nomination will be considered by the Finance Committee. As is the norm for nominees, the President will send over a formal nomination, and the committee will send the nominee a detailed questionnaire. After the candidate completes the questionnaire, the committee will schedule a nomination hearing. I hope this process will move forward as quickly as possible."