The Treasury secretary in a McCain or Obama administration could be the most important holder of that post in years.

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The Treasury secretary in a McCain or Obama administration could be the most important holder of that post in years. He or she will shepherd the economy through a crisis that has gripped the world. (There’s little chance of Ben Bernanke being replaced. The Fed chairman’s term goes to February 2010, and he could stay on the board if he isn’t re-nominated chairman.)

Henry Paulson, a former Wall Street banker, has indicated he doesn’t want to stay on as Treasury secretary, though legendary investor Warren Buffett has suggested he should for at least a year. At least three potential successors enjoy bipartisan support. Economic advisers to McCain and Obama are also potential choices.