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(Wall Street Journal) Jay Solomon - The departure of the point man for the Obama administration's financial wars on Iran, North Korea and al-Qaeda, Stuart Levey, from his senior U.S. Treasury Department post will leave President Obama without the principal architect of Washington's economic-sanctions campaign against Tehran. Senior Obama administration officials said the White House is set to nominate David Cohen, Mr. Levey's deputy at Treasury and longtime confidante, to succeed him as the undersecretary for terrorism and financial intelligence. Mr. Cohen said the Treasury has "rewritten the rules of economic warfare" in recent years. But he added: "We'd like to add some new plays." 2011-01-25 10:37:12Full Article
Point Man on U.S. Sanctions to Depart
(Wall Street Journal) Jay Solomon - The departure of the point man for the Obama administration's financial wars on Iran, North Korea and al-Qaeda, Stuart Levey, from his senior U.S. Treasury Department post will leave President Obama without the principal architect of Washington's economic-sanctions campaign against Tehran. Senior Obama administration officials said the White House is set to nominate David Cohen, Mr. Levey's deputy at Treasury and longtime confidante, to succeed him as the undersecretary for terrorism and financial intelligence. Mr. Cohen said the Treasury has "rewritten the rules of economic warfare" in recent years. But he added: "We'd like to add some new plays." 2011-01-25 10:37:12Full Article
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