John W. Snow
John W. Snow
John William Snowwas the CEO of CSX Corporation, and served as the 73rd United States Secretary of the Treasury under U.S. President George W. Bush. He replaced Secretary Paul O'Neill on February 3, 2003 and was succeeded by Henry Paulson on July 3, 2006, in a move that had been anticipated. Snow submitted a letter of resignation on May 30, 2006, effective "after an orderly transition period for my successor." Snow announced on June 29, 2006 that he had completed...
NationalityAmerican
ProfessionEconomist
Date of Birth2 August 1939
CountryUnited States of America
I think we'll be successful with the quiet financial diplomacy,
The important thing here is that we build a constructive relationship with China and with our other trading partners,
a very important idea ... which would help deal with the whole issue of long-term sustainability of the Social Security system.
If it isn't dealt with, there's a real price to be paid in terms of ... confidence in the government.
Moderation of oil prices would be very, very welcome. But overall I think we are in a position of stable growth, sustainable growth, and basically with inflation in check.
I agree with the Treasury's interpretation that dividends to shareholders and share buybacks are not permissible uses of repatriated funds, ... I am also of the view that the statutory language makes it clear that the repatriated monies are to be used for domestic job growth, not for laying off employees or settling lawsuits.
These results are disappointing. Our rail and container-shipping businesses are taking steps to regain earnings momentum by lowering costs and improving efficiency,
The development and use of hybrid vehicles is a key step toward reducing gasoline consumption, emissions of air pollutants and greenhouse gas emissions. I commend the manufacturers who are making these energy-efficient and environment-friendly vehicles and hope that the President's energy bill proves to be an important step in their rising prominence on American roads.
I have many private conversations with Chairman Greenspan and we never reveal what we talk about. So I don't want to break my rule.
China can quickly move forward with further liberalization of its financial services sector by allowing foreign securities firms to establish wholly owned subsidiaries, and by expanding the scope of products securities firms can offer,
I think the bubble is a gross misnomer,
The initial steps by China to increase its exchange rate flexibility played an important part in this decision,
Completion of this transaction strengthens our balance sheet, increases shareholder value and allows us to focus more of our energies on our core railroad business,
It's gratifying to see our persistence and commitment pay off,