Subscribe

Obama Stands by His Treasurer

Treasury Secretary Timothy Geithner has developed a bad reputation in his short time on the job. He appears to have the fortitude of porridge and a love of banks and the bankers who bankrupt them. Despite calls for Geithner’s ouster over the AIG bonus blunder, the president says he has “complete confidence” in his top economist.

Reuters:

President Barack Obama voiced confidence in U.S. Treasury Secretary Timothy Geithner for the second day in a row on Wednesday amid criticism over the government’s handling of American International Group’s bonuses and lingering delays in filling key Treasury jobs.

“I have complete confidence in Tim Geithner and my entire economic team,” Obama said with Geithner at his side on the White House South Lawn.

Read more

Now you can personalize your Truthdig experience. To bookmark your favorite articles, please create a user profile.

Personalize your Truthdig experience. Choose authors to follow, bookmark your favorite articles and more.
Your Truthdig, your way. Access your favorite authors, articles and more.
or
or

A password will be e-mailed to you.

Statements and opinions expressed in articles and comments are those of the authors, not Truthdig. Truthdig takes no responsibility for such statements or opinions.