Free Republic

H. Rodgin Cohen, chairman of the New York law firm Sullivan & Cromwell, has withdrawn his name from consideration for deputy Treasury secretary, becoming the fourth pick for a prominent Treasury Department post to pull out in recent weeks. A prominent attorney who has advised many of the top Wall Street firms, Cohen dropped out after the White House found an issue during his vetting process, two sources familiar with the matter said. The sources declined to identify the reason. Cohen did not respond to messages seeking comment.

I once had dinner with Paul O'Neill, the former Treasury secretary who is now making headlines with a scathing portrayal of his days in the Bush administration prior to his firing in December 2002. Bush critics will hail Mr. O'Neill as a truth-teller, White House aides are already calling him a back-stabber. In fact, Mr. O'Neill is a relic. The man I broke bread with was clearly a product of the Nixon and Ford administrations, in which he had served, and simply hadn't adapted to the post-Reagan Republican Party. Mr. O'Neill came into the Bush administration on the recommendation of...