Geithner, Treasury Secretary
Summers, who served as treasury secretary under Clinton, is now thought to be among the contenders for the same post under President-elect Obama. (CNN) – With the nation’s economy stuck in the grips of a financial crisis it just can’t
One thing Geithner doesn't have much background in is economic policy other than financial policy (at Treasury his big job was jetting around the world fighting the emerging markets financial crises of the late 1990s).
New York Fed President Timothy J. Geithner is to be nominated Treasury secretary by Obama, according to a person close to the transition process.
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