A Key Obama Treasury Nominee Now Needs Even More GOP Votes to Save His Job

For weeks, Massachusetts Senator Elizabeth Warren has been arguing that the White House needs to dump its nominee for undersecretary for domestic finance. She's said it in columns and speeches, and rebuttals to his defenders: Antonio Weiss, global head of investment banking at Lazard Ltd., cannot be trusted in the job.

"We’d all scratch our heads if the president nominated a theoretical physicist to be Surgeon General just because she had a background in science,” Warren said in a speech this week. “It’s no less puzzling to nominate an international mergers specialist to handle largely domestic issues at Treasury because he has a background in finance.”