When Rubin Leaves...

With Treasury Secretary Robert E. Rubin expected to depart before the end of Clinton's second term, Administration officials are already pondering possible successors. One top candidate is Fannie Mae Chairman James A. Johnson, who plans to step down at yearend. But the favorite, according to insiders, is Lawrence H. Summers, Rubin's deputy. Summers played a lead role in financial-rescue plans for Mexico, Russia, and countries in Asia.

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