01/31/2013 08:45 am ET

Simon Johnson: Obama's Treasury Pick 'Making Financial Reformers Nervous'

Jacob J. Lew, the president’s nominee for Treasury secretary, and Mary Jo White, the nominee for chairwoman of the Securities and Exchange Commission, are making financial reformers nervous. The issue is not so much their track record, because neither has worked directly on financial-sector policy issues; it is much more about whom they know.

Read more on New York Times