US candidates eye Warren Buffett as possible Treasury chief

NASHVILLE, October 8, 2008 (AFP) – Democratic White House hopeful Barack Obama and his Republican rival John McCain Tuesday agreed that one of the world’s richest men, Warren Buffett, would make a good treasury secretary.

The two were asked at the beginning of their second presidential debate who would be a good replacement for current Treasury Secretary Henry Paulson who is standing down at the end of the current administration.

“I think the first criteria, would have to be somebody who immediately Americans identify with. Immediately say we can trust that individual,” said McCain.

Buffett, chief of the Berkshire Hathaway holding company, has supported Obama in the race for the White House.

But McCain praised Buffett’s contribution to the economic crisis, which has plunged the global stock markets into turmoil.

“He’s already weighed in and helped stabilize some of the difficulties in markets and with companies in corporations, institutions today,” McCain said, while adding that he also thought highly of Meg Whitman, an ex-CEO of eBay.

“She knows what it’s like to be out there in the marketplace. She knows how to create jobs. Meg Whitman was the CEO of a company that started with 12 people an