“President Barack Obama’s senior advisers are confident Treasury Secretary Timothy F. Geithner will remain in his job even though he hasn’t made his intentions public, an administration official said. Geithner met recently with Vice President Joe Biden and laid out his reasons for wanting to leave the post. Biden outlined why it was vital that Geithner remain, said the official, who spoke on condition of anonymity because no announcement has been made.”-Bloomberg, August 5, 2011
“Mr. Obama and his chief of staff, William M. Daley, have been urging Mr. Geithner to stay, administration officials say, not only for continuity when the economy has weakened and to avoid an all-but-certain confirmation fight in the Senate over a successor, but also because Mr. Obama has developed a close rapport with Mr. Geithner…Especially in recent weeks, the issue has become a running joke, officials say: Mr. Geithner and Mr. Daley tease about the ankle bracelet that the White House makes him wear, or Mr. Geithner asks if Mr. Daley has yet read his resignation letter, to which Mr. Daley answers in unprintable language.”- New York Times, August 3, 2011
“Treasury Secretary Timothy F. Geithner, the last member of the Obama administration’s original economic team, said he doesn’t expect to remain in office if the president is re-elected. ‘[NERVOUS LAUGHTER] He’s not going to ask me to stay on, I’m pretty confident,’ Geithner said in an interview with Bloomberg Television yesterday in Charlotte, North Carolina. ‘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. [/NERVOUS LAUGHTER]‘”- Bloomberg, January 26, 2012
Earlier today, the Journal reported that “if re-elected, President Barack Obama is expected to move quickly in November to nominate a new Treasury secretary,” as his current one, Tim Geithner, “has made clear for more than a year that he plans to leave his post.” And while that must come as exciting news to TG, who’s been begging and pleading to be released for over a year now,” all we’re saying is: be careful. Don’t pack your bags just yet. You don’t know that this isn’t just all part of their long-running joke and you don’t want to give them the satisfaction of seeing the look on your face when they break it to you that you’re not going anywhere.