Lott today threatened to hold up Herman's confirmation, saying he first wanted the White House to clarify the administration's position on the Davis-Bacon law, which requires federal contracts go only to those companies that pay the "prevailing wage" in their region.

CNN: AllPolitics - Another Snag In Herman Nomination

Senate Majority Leader Trent Lott said today Republicans want a fuller explanation of Herman's role in a meeting at the White House last year between President Bill Clinton, banking executives, Comptroller of the Currency Eugene Ludwig and Democratic fund-raisers.

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Press Secretary Mike McCurry tells CNN that the White House believes it can satisfy Lott's concerns, allowing a final vote on Herman's nomination.

CNN: AllPolitics - Another Snag In Herman Nomination