Sen. Landrieu Will Block OMB Appointment Until Drilling Moratorium is Lifted

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Although Mr. Lew clearly possesses the expertise necessary to serve as one of the President’s most important economic advisors, I found that he lacked sufficient concern for the host of economic challenges confronting the Gulf Coast. The fact that the most acute of these economic challenges, the moratorium, results from a direct (and reversible) federal action only serves to harden my stance on Mr. Lew’s nomination. I cannot support further action on Mr. Lew’s nomination to be a key economic advisor to the President until I am convinced that the President and his Administration understand the detrimental impacts that the actual and de facto moratoria continue to have on the Gulf Coast.