Bush’s spokesman tacitly admitted that Bush lied to the press about the timing of Treasury Secretary John Snow’s departure in order not to upset the markets.


Think Progress:

On May 25th, President Bush said that Treasury Secretary John Snow had not given him any indication that he was leaving soon:

PRESIDENT BUSH: Secretary of Treasury Snow?

Q: Has he given you any indication he intends to leave his job any time soon??

PRESIDENT BUSH: No, he has not talked to me about resignation. I think he?s doing a fine job.

In fact, not only had Snow indicated he was leaving, President Bush had already settled on his replacement. Today, Tony Snow said that Hank Paulson was offered the job on May 20 and accepted a day later:

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