H. Rodgin Cohen withdraws from nomination for the Treasury Department's "number 2" position.
No explanation was provided for Cohen's withdrawal and the press is not interested in finding out:
The party line, according to ABC’s This Week host and former Clinton administration adviser George Stephanopoulos, is that “an issue arose in the final stages of the vetting process.” David Cho at the Washington Post reports that “two sources familiar with the matter” confirmed this, but that they “declined to identify the reason.”
Perhaps the press is not really interested in finding out that reason, or reasons. Or worse, they’ve got a pretty good idea, and they’d rather not dig; because if they don’t dig, they won’t have to tell us. Stephanopoulos appears to be giving away that he knows more than he’s willing to reveal when he writes that “Cohen has been a counsel to just about every major player on Wall Street, which perhaps complicated his nomination.”
Instapundit observes:
HMM: So Why DID H. Rodgin Cohen Withdraw as Treasury’s No. 2? Press Is Curiously Not Curious. On the other hand, a colleague of mine who knows this stuff says that he is to banking law what the Dalai Lama is to religion. But this media observation seems on-target: “I suspect that investigation and speculation would have run rampant if a Republican president had pulled the nomination of someone like Cohen; witness the feeding frenzy that followed Bush Homeland Security nominee Bernie Kerik for several days in 2004 even after his nomination was pulled. Instead, we’re supposed to just let this Cohen thing go and move on.”
Indeed.