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Geithner: No 2nd Term as Treasury Secretary

HeadlineJan 26, 2012

U.S. Treasury Secretary Timothy Geithner has announced he does not expect to stay on should President Obama get re-elected. In an interview with Bloomberg Television, Geithner said he thinks Obama will seek to replace him as Treasury Secretary if he wins a second term. Geithner’s tenure has come under wide criticism following his key role in backing policies that led to the nation’s financial crisis during his previous stint heading the Federal Reserve Bank of New York.

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