Geithner says Obama won’t ask him to remain past first term..4 years to late..
Treasury Secretary Timothy F. Geithner, the last member of the Obama administration’s original economic team, said he doesn’t expect to remain in office if the president is re-elected.
“He’s not going to ask me to stay on, I’m pretty confident,” Geithner said in an interview with Bloomberg Television yesterday in Charlotte,North Carolina. “I’m confident he’ll be president. But I’m also confident he’s going to have the privilege of having another secretary of the Treasury.”
Geithner, 50, has led President Barack Obama’s efforts to pull the U.S. economy out of the worst recession since World War II, including overseeing bailouts of automakers General Motors Co. (GM) and Chrysler Group LLC, which have since emerged from bankruptcy. Before joining the administration in 2009, Geithner was president of the Federal Reserve Bank of New York, playing a key role in the government’s rescue packages for banks such as Citigroup Inc. (C)and Bank of America Corp. (BAC)
In the interview, Geithner said he would do “something else” after leaving the Treasury Department, without specifying what that would be. In August, an administration official said Geithner would stay in his job at least through this year’s presidential election.
Erskine Bowles, chief of staff under President Bill Clinton, and Democratic Senator Kent Conrad of North Dakota could be among the potential candidates to succeed Geithner, said Mark Calabria, director of financial regulation studies at the Cato Institute in Washington.
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shut the door on your way out timmy G..good riddance..
401
I’ve read somewhere that Timothy F. Geithner’s illustrious career of rising to the top of the Obama Administration was a result of successive failures at every previous job he had served and the last post was his reward. Now would you believe that our government would promote incompetence.
And don’t let the door hit you where THE CREATOR split you !
Please tell your progenitors… Japheth, Gomer & Ashkenaz that we humbly request they cease dwelling in the tents of Shem & return to him his rightful cloak.
Amein.
Don’t count the chickens before they hatch…..
We can always hope.