Bob Rubin’s Washington Reign Reaches 20 Years

We are fast approaching an important but underappreciated anniversary: Robert Rubin’s 20th year of extraordinary proximity to political power in Washington. This is not a milestone to be celebrated.

Not only was Rubin secretary of the Treasury under President Bill Clinton, but the next three secretaries in Democratic administrations -- Lawrence Summers, Tim Geithner and (assuming he is confirmed) Jacob Lew -- have Rubin’s fingerprints on them. This is a cause for grave concern -- assuming, of course, you care about whether it’s right for Rubin to have such a long stretch of political influence.