President Barack Obama, foreground, listens as Treasury Secretary Timothy Geithner makes a point during a February budget meeting in the White House. At left is Phil Schiliro, assistant to the president for legislative affairs.
Although Timothy Geithner is under fire from several directions, especially because he failed to stop the AIG executive bonus train from arriving at its destination, President Obama continues to actively support him. In fact, Obama says he wouldn’t let Geithner quit even if the treasury secretary tried to do so at this point.
US Treasury Secretary Timothy Geithner will not be allowed to resign amid criticism of his short term in office, President Barack Obama has said.
Mr Obama told CBS News he would turn down any offer by Mr Geithner to quit, and would tell him: “Sorry, buddy, you’ve still got the job.”
But Mr Obama stressed that the pair had not spoken about the possibility.