Thursday, June 30, 2011

THE 'MUTT' MAY ACTUALLY LEAVE!

Geithner considering leaving his Treasury post

    Geithner, who has wanted to leave the administration for some time, would only exit with the president’s endorsement, the sources said.

      
    The timing comes at a sensitive time for Obama. The economic recovery has stalled and the president is running out of time to strike a deficit deal before the government hits a deadline that could cause the United States to default on some of its debt.
    If he allowed Geithner to leave, Obama would also have to find a replacement in a highly charged political environment. The president has been slow to nominate senior financial policymakers, and congressional Republicans have blocked several of his key nominees.

    Read the rest of this article here

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