Report: Geithner proposed Clinton for Treasury
By BYRON TAU |
6/14/12 3:41 PM EDT
The Washington Post reports that Treasury Secretary Tim Geithner proposed Hillary Clinton for the spot at Treasury, so that he could step down:
In the spring of 2011, Timothy Geithner wanted to leave his job. The Treasury secretary’s family was moving to New York for his son’s senior year in high school, and the commute to see them each weekend was sure to be arduous.
Who could do his job? Geithner’s answer was Secretary of State Hillary Rodham Clinton.
Before he could depart, Geithner had to convince the White House. He needed to find someone who could glide through Senate confirmation, comprehend the growing debt crises, here and abroad, and communicate administration goals in the upcoming debt-ceiling debate to Congress, to Wall Street, and to the world.
The Post goes on to say that Clinton expressed some interest — but the White House ultimately scuttled the idea around the time of the debt ceiling showdown.
Geithner has made clear that he doesn't expect to remain in his position for a possible second Obama term — leaving a huge hole at a key Cabinet position where Senate confirmation will be difficult.
http://www.politico.com/politico44/2012/06/report-geithner-proposed-clinton-for-treasury-126194.html
DO SOMETHING!
| 