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Secretary of the Treasury is a cabinet post and new ones are always selected by a new president.
Sep 11 11:10 am
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All Comments by carey_jim »Paulson Should Remain Treasurer Through the Elections [View article]
If Bush is elected for a third term (that is if McCain is elected) then Paulsen might possibly be retained (not likely however) but but if Obama is elected it would be unprecedented.
The crypto-Republican Bill Clinton kept right winger (Ayn Rand disciple) Alan Greenspan as fed head but I think Obama might be tempted to signal "change" by selecting someone else for that post as well.