That’s the word, according to Bloomberg:
Treasury Secretary Timothy F. Geithner has signaled to White House officials that he’s considering leaving the administration after President Barack Obama reaches an agreement with Congress to raise the federal debt limit, according to three people familiar with the matter.
Geithner said speculation about his departure was being driven by his decision to commute to New York so his son can finish his final year of high school there.
…Geithner hasn’t made a final decision and won’t do so until the debt-ceiling issue has been resolved, according to one of the people. All spoke on condition of anonymity to talk about private discussions.
Geithner’s departure would add to the mass exodus of major figures from the Obama economic team; both Christina Romer and Austan Goolsbee decided to seek greener pastures in academic positions.
One can hardly blame Geithner for wanting to relax a little. After all, he has toiled under more stress than virtually any other member of the Obama administration since the financial crisis of 2008 (yes, that happened before Obama took office, but Geithner worked hand-in-hand with then-Secretary Paulson).
Of course, Geithner has not made a firm decision, so he could opt to stay. But if he leaves, he’ll certainly have justifiable reasons.
June 30th, 2011 at 8:16 pm
This crook doesn’t have the balls to handle the impending debt crisis.
June 30th, 2011 at 8:19 pm
It isn’t reall surprising that Geithner wants to leave. After all, Cabinet jobs can burn anyone out and leaving after a couple of years isn’t too uncommon.
The big question is whether or not Geithnr is actually going to pay his taxes after he leaves.
June 30th, 2011 at 9:08 pm
The rats are scurrying off the sinking ship
July 2nd, 2011 at 2:59 pm
The early impeachment and ouster of President Barack Obama is almost inevitable as an event before or during the coming Summer months, unless the backers of Obama, especially from London, were to copy the Adolf Hitler option with the likeness of the British creation, Adolf Hitler’s March 24, 1933 Ermächtigungsgesetz.– Pass Glass-Steagall Now!
http://larouchepac.com/node/18590