Timothy Geithner says a second stint at Treasury is unlikely
Treasury Secretary Timothy Geithner said he’s “confident” he won’t be serving a second term, even if President Obama is reelected.
“He’s not going to ask me to stay on,” Geithner told Bloomberg Television. “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.”
As the last remaining member of Obama’s original economic team, Geithner has fought back rumors of his departure before.
In August, after a brutal fight with Congress over raising the debt limit, many speculated that the secretary was preparing to resign. Word spread that his teenage son was planning to return to New York in the fall to finish high school.
Geithner, who had been president of the Federal Reserve Bank of New York, announced then that he had informed the president he would stay on but did not say for how long.
He did not indicate during the interview Wednesday what he planned to do next, saying only, “something else for me.”
