As the Treasury Department scrambles to fill a vacancy at the Office of Thrift Supervision created by the departure of acting Director Jonathan L. Fiechter, industry sources are speculating about likely candidates.
Federal Deposit Insurance Corp. Vice Chairman Andrew C. "Skip" Hove and FDIC Director Joseph Neely are mentioned most frequently. Both have experience running agencies: Mr. Hove was acting FDIC chairman, and Mr. Neely ran the banking commission in Mississippi. More importantly, both have been through the Senate confirmation process, which makes it easier for Treasury to place them at the agency. But both men are Republicans, and the White House would prefer to appoint a Democrat.