WASHINGTON–Treasury Secretary Designate Henry M. Paulson Jr., who has supported the government backstop for terrorism insurance, could be confirmed in his post next month, a key lawmaker said.
Mr. Paulson met yesterday with Sen. Charles Grassley, R-Iowa, chairman of the Senate Finance Committee, who later told reporters Paulson could be confirmed and on the job by early July.
The nominee's chances apparently have not been impacted by the fact that his position on terrorism insurance would appear to be somewhat at odds with that of the Bush administration.
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