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Tim Geithner won’t seek second term as Obama’s Treasury Secretary
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Candidate
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| Contributor | Jason |
| Last Edited | Jason Jan 29, 2012 11:46am |
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| Category | Announcement |
| News Date | Wednesday, January 25, 2012 05:45:00 PM UTC0:0 |
| Description | U.S. Secretary of Treasury Tim Geithner is confident that he will not keep his current job if the Obama administration is able to win the upcoming general election in the fall.
During an appearance on Bloomberg Television Wednesday, Mr. Geithner also stated that he believes President Barack Obama will be re-elected, but that the president will have a new role for Mr. Geithner to fill over the next four years.
“He’s not going to ask me to stay on, I’m pretty confident. 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… Something else for me,” said Mr. Geithner Wednesday.
Much like the president, Mr. Geithner faced many high profile issues during what is likely to be his only term as the Secretary of Treasury. He had to play a large role in the allocation of funds from the Bush administration’s Troubled Assets Relief Program, among other decisions regarding the struggling U.S. economy. |
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