Geithner Eyes the Exit
If you saw the broadcast of Tuesday’s State of the Union address, you might have caught Treasury Secretary Timothy Geithner looking a little uneasy on his perch next to a solemn Secretary of State Hillary Clinton, which could have something to do with the state of his position at the White House. According to Geithner himself, his prospects are looking dim to be re-upped for another term at the Treasury. –KA
“He’s not going to ask me to stay on, I’m pretty confident,” Geithner said in an interview with Bloomberg Television today. “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.” He said he would do “something else.”
Geithner, 50, said he wasn’t concerned about Wall Street complaints over the Dodd-Frank financial overhaul.