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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsGeithner: Unlikely to be asked to stay if Obama wins
WASHINGTON | Wed Jan 25, 2012 4:40pm EST
(Reuters) - U.S. Treasury Secretary Timothy Geithner said on Wednesday that he would not expect to be asked to continue serving as Treasury chief if President Barack Obama was elected to a second term.
"He's not going to ask me to stay on, I'm pretty confident," Geithner said in response to a question during a Bloomberg television interview conducted in North Carolina where he toured an electronics manufacturing plant.
http://www.reuters.com/article/2012/01/25/us-usa-treasury-geithner-future-idUSTRE80O2J820120125
Tansy_Gold
(17,860 posts)On the other hand, if Timmeh is so confident, and he's been so wrong about so many things, we could be saddled with this nincompoop for another term.
arcane1
(38,613 posts)Can his ass now!
Ah, I will still savor this pleasant news
Poll_Blind
(23,864 posts)NYTimes:
http://www.nytimes.com/2011/08/04/us/politics/04geithner.html?_r=1
[div class="excerpt" style="border-left: 1px solid #bfbfbf; border-top: 1px solid #bfbfbf; border-right: 1px solid #bfbfbf; border-radius: 0.3077em 0.3077em 0em 0em; box-shadow: 2px 2px 6px #bfbfbf;"]Pressured by White House, Treasury Secretary Is Expected to Stay at Post[div class="excerpt" style="border-left: 1px solid #bfbfbf; border-bottom: 1px solid #bfbfbf; border-right: 1px solid #bfbfbf; border-radius: 0em 0em 0.3077em 0.3077em; background-color: #f4f4f4; box-shadow: 2px 2px 6px #bfbfbf;"]WASHINGTON Timothy F. Geithner, the Treasury secretary and dean of President Obamas economic team, is expected to stay through the presidents term after intense White House pressure, according to officials familiar with the discussions.
--snip--
Speculation from Washington to Wall Street has intensified because Mr. Geithner, the only holdover at the center of Mr. Obamas original economic circle, said a month ago that he would decide on his future after the White House and Congress reached a deal to increase the nations debt ceiling. Mr. Obama signed that deal into law on Tuesday.
Mr. Obama and his chief of staff, William M. Daley, have been urging Mr. Geithner to stay, administration officials say, not only for continuity when the economy has weakened and to avoid an all-but-certain confirmation fight in the Senate over a successor, but also because Mr. Obama has developed a close rapport with Mr. Geithner.
Obama looks at Geithner and he sees Seabiscuit. I look at Geithner and I see glue.
PB
kurt_cagle
(534 posts)I noticed last night that Geithner was looking very nearly as upset and uncomfortable as Eric Cantor, which was saying something. Geithner has gone behind Obama's back a number of times now, and he's become a symbol for both left and right of too much Wall Street influence in the White House; Obama is loyal to his staff to a point, but putting Geithner out to pasture would be a good idea pretty much regardless of anything else that happens.
leeroysphitz
(10,462 posts)izquierdista
(11,689 posts)It's nice they let Obama get in front of the microphone and pretend like it's his choice.