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Geithner Picked for Treasury

PostPosted: Sat Feb 11, 2012 1:19 am
by admin
Geithner Picked for Treasury
« Thread Started on Nov 21, 2008, 4:37pm »

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Geithner Picked for Treasury
New York Fed President Timothy Geithner will be nominated to be President-elect Obama's Treasury secretary, according to the Wall Street Journal.

"The FBI began calling Geithner confidantes this week, starting a vetting process of getting the Fed veteran in place almost as soon as Obama is inaugurated."

"Obama plans to introduce his entire economic team early next week, hoping to sooth the roiling financial markets and answer rising pressure on the president-elect to become more involved."

Update: Bloomberg says former Clinton Treasury Secretary Lawrence Summers will get a key role in the White House.

http://politicalwire.com/archives/2008/ ... asury.html