Timothy Geithner on the Chopping Block

Is it time for US Treasury Secretary Timothy Geithner to consider resignation? As a result of his recent congressional testimony, shown in the video below, the topic’s now very top of mind.

This pressure comes in addition to the recent Rasmussen Reports survey that shows 42 percent of Americans think he’s done a “poor job” in handling the credit crisis and bailouts versus only 20 percent who found Geithner’s performance “good” or “excellent.”

According to The Business Insider, “they’re discussing it on CNBC, as a serious question, which is exactly what the Congressmen hoped.”

Visit The Business Insider for more coverage of how Geithner’s resignation is on the table.

 

The Daily Reckoning