Obama Team Eyeing NY Fed Reserve's Geithner for Treasury Post


New York Federal Reserve Bank President Timothy J. Geithner will be nominated to become the next Treasury secretary, according to the Wall Street Journal. The newspaper cited a source close to the transition process.

 

“The Federal Bureau of Investigation began calling Geithner confidants this week, starting a vetting process of getting the economist and Fed veteran in place almost as soon as (President-elect) Obama is inaugurated the 44th president,” the story said. Obama is expected to introduce his economic team early next week.

 

Geithner would succeed Henry Paulson, who has held the post since July 2006.

 

SPONSORED REPORT

CPEOs provide peace of mind around payroll services

The creation of these new IRS-certified service providers for small businesses clarifies some issues around traditional professional employer organizations.

QUIZ

Pronoun practice to help polish your prose

Using pronouns correctly in writing and speech can help you make a good impression. Try our 10-question quiz.