U.S. Treasury Secretary Timothy F. Geithner said he hasn’t decided yet whether to leave the Obama administration now that Congress has raised the debt limit, changing his tone from previous comments on his future plans.
“I haven’t made that decision yet,” said Geithner, speaking in an interview broadcast today on ABC television’s “Good Morning America” program.
“And you know, we’ve got a lot of challenges, president’s got a lot of challenges, and you know, I got other pressures on me, too. But I’ll make that decision at the right moment.” He didn’t specify the “other pressures.”
Geithner signaled to White House officials that he’s considering leaving the administration after President Barack Obama reaches an agreement with Congress to raise the federal debt limit, three people familiar with the matter said in June.
Since then, Geithner has said several times he would remain in office for the “foreseeable future.” On June 30 he also said his son would return to New York to finish high school, “and I’m going to be commuting for a while.”
The House voted 269-161 yesterday to raise the debt limit, and the Senate voted 74-26 today for the measure, which raises the limit until 2013 and threatens automatic spending cuts to enforce $2.4 trillion in reductions over the next 10 years.
‘A Little Busy’
“I’ve been a little busy. I haven’t had a ton of time to think about that,” Geithner told ABC about the possibility of leaving the administration.
Senator Mark Warner, a Virginia Democrat, said he hopes Geithner “stays on for the foreseeable future.” Because of Republican opposition to Obama administration nominees, “I’m not sure we’d get to a Treasury secretary confirmation,” he told MSNBC.
“If you want to vote against somebody, have at it, vote against them,” Warner said. “But don’t leave them in this limbo land.”
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