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Timothy Geithner Pretty Confident He Will be Leaving Obama Administration

Posted: January 25, 2012

Tim Geithner

Treasury Secretary Timothy Geithner says he knows two things right now.  The first is that he believes President Obama will be reelected in 2012.  The second is that he will not be returning as Treasury Secretary.

Geithner, in an interview with Bloomberg Television, said he plans on doing “something else.”

“He’s not going to ask me to stay on, I’m pretty confident. 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.”

Geithner said he’s worked through one of the most important times in modern history in the world of economic policy and finance.  He claimed things are getting better despite the terribly traumatic financial crisis.

Bloomberg waited until a few minutes after the stock market closed to publish the article.

There has been a large amount of speculation that Geithner was going to leave the Obama Administration last year when Obama’s approval ratings were at their lowest but he was convinced to stay on until 2012.

Geithner took the opportunity in the interview to talk about the upcoming regulatory changes due to be implemented in the Dodd-Frank Bill.

He said,

“I would not worry too much about them. I would worry more about the basic confidence of Americans that they’re going to face more opportunities, more likely to find a job, keep a job, save for college, save for a dignified retirement,”

Do you think that Timothy Geithner has done a good job as Secretary of the Treasury or do you think he should go now?



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5 Archived Responses to “ Timothy Geithner Pretty Confident He Will be Leaving Obama Administration ”

  1. La genialidad de Timothy Geithner, se ha visto evidenciada desde la crisis de 2008 y su talento para influenciar las verdaderas figuras que representan el poder real de la economía a nivel nacional e internacional mas el dominio linguistico que posee de varios idiomas incluyendo el chino y la experiencia adquirida para convencer al Congreso de los estados Unidos para crear incentivos económicos para solventar la economía en quiebra de la manufactura y la banca posibilitaron el salvar la economía norteamericana con medidas socialistas donde el gobierno intervino como co propietario financiero de las industrias mas importantes para garantizar el estimulo que necesitaba.No creo que pueda haber otra persona mas capacitada en el manejo de la crisis de la globalizacion que Timothy Geithner y lo demuestra su presencia en todo los foros mundiales mas importantes y su impacto de facto en las políticas económicas de los países europeos en crisis. Si quisiera correr para la presidencia de los Estados Unidos ganaría por mucho y si quisiera dirigir el Fondo Monetario Internacional lo lograría fácilmente.Es hoy la figura que representa el poder real de la economía mundial.Esta es mi humilde opinión luego de haber seguido su trayectoria como profesor universitario ilustrando el análisis dinámico de la crisis de la globalzacion y la consecuente crisis de los sistemas políticos y económicos que apuntan a una inevitabilidad de que el capitalismo clásico no puede existir y es solo siendo híbrido y cooptando del socialismo que puede brindar soluciones mas certeras ante las crisis sucesivas del capitalismo contemporáneo de la globalizacion.