Geithner: I Wanted Hillary to Succeed Me at Treasury

Thursday, 08 May 2014 09:30 PM

 

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink

Timothy Geithner says in a new memoir that he considered stepping down as Treasury secretary in 2010 after the financial crisis and suggested Hillary Rodham Clinton as a possible successor.

President Barack Obama rebuffed Geithner's suggestion, and he remained at Treasury until 2013.

Geithner's memoir will be published next week. On Thursday, The Associated Press bought an early copy.

Geithner writes of the incident in "Stress Test," which explores his turbulent four years at Treasury. During his tenure, the Obama administration faced the worst recession and most severe financial crisis since the Great Depression.

In proposing that the White House consider Clinton as his successor, Geithner cited her star power as secretary of state. Among the other names Geithner suggested was Jack Lew, who succeeded him last year.

Urgent: Assess Your Heart Attack Risk in Minutes. Click Here.

© Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

McCain Chides Rand Paul: 'Has He Ever Been to Syria?'

Monday, 15 Sep 2014 23:02 PM

Sen. John McCain, a longtime proponent of arming the Free Syrian Army, is blasting fellow Republican Sen. Rand Paul for  . . .

House GOP Moves Ahead on Syrian Rebel Training

Monday, 15 Sep 2014 22:19 PM

Lawmakers raced Monday to authorize an expanded mission to arm and train moderate Syrian rebels before heading back to t . . .

US Will Retaliate if Syria Interferes With Airstrikes on ISIS

Monday, 15 Sep 2014 21:10 PM

The Syrian military's air defenses would face retaliation if Syria attempted to respond to U.S. airstrikes that are expe . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved