Geithner’s Plans
Geithner told the president in June 2011 that he wanted leave the administration and return to New York. With the European debt crisis threatening global growth and a fight over the debt ceiling looming, the president persuaded him to stay through the end of his first term.
Since then, Geithner has made no secret of his desire to leave his post as soon as possible.
In a Nov. 16 interview for Bloomberg Television’s “Political Capital With Al Hunt,” Geithner said he will stay in his post until Obama’s inauguration, and he brushed aside suggestions that he might stay longer if a successor isn’t confirmed by then.
He said he’s “very confident that we’re going to get enough done in these next few weeks” and that Obama will “have a successor in place so I’ll be able to go off and do some other things.”