Friday, July 01, 2011

Treasury Secretary Geithner considering leaving post after debt talks

Treasury Secretary Timothy F. Geithner, an architect of the Obama administration’s economic strategy, has told the president that he may seek as soon as this summer to resign, according to people familiar with the matter.

Geithner’s departure would mark the loss of Obama’s longest-serving economic adviser at a time when the recovery has slowed and the unemployment rate remains stubbornly high.
Read the rest here.

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