Bureaucracy

Treasury Shuffle Costs Albright Her Ace Card

Robert Rubin is happy. He's leaving the Treasury and Washington's rat race. Rubin's deputy, LARRY SUMMERS, is happy. He has been nominated to take over the Treasury Department. And STUART EIZENSTAT is happy. He's been promoted from his job as Under Secretary of State for Economic Affairs to be Summers' deputy. The only one unhappy is Secretary of State MADELEINE ALBRIGHT. She lured the Washington-savvy Eizenstat from the Commerce Department two years ago to grab back some control of international economic policy, which the State Department had ceded to other agencies. Since then, State and Treasury have fought a turf war...

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