Subscription Center  

News

John Cooney was quoted in a story about the importance of the Secretary of the Treasury in the November 20 edition of the Ventura County Star.

In the past, the Secretary of the Treasury has been an important but relatively low-profile cabinet position. Despite the key roll he played, few people remember the name of the Treasury secretary who carried out Roosevelt's New Deal.

Regardless, the Treasury secretary has historically been one of the president's three most important Cabinet members — the others being the secretaries of State and Defense, said Venable partner John F. Cooney, who served in the White House Office of Management and Budget under Ronald Reagan.

"In every administration, Treasury plays an extremely important role," said Cooney.