U.S. Treasury Secretary Timothy Geithner, who had considered stepping down after the government borrowing limit was raised, confirmed on Sunday that he will remain at his post at President Barack Obama’s request. “I love my work. And I think if a president asks you to serve, you have to do it,” Geithner told NBC/CNBC in an interview. With the U.S. unemployment rate above nine percent and the economy still scarred by crisis, “we still have a lot of work to do,” he added.
Geithner to stay on as U.S. Treasury chief
Most Popular Articles
Latest Articles
Labor market report is good news for mortgage rates
Friday’s jobs report came in as a miss of estimates and wage growth came in lower than expected, which is good news for mortgage rates.
-
Virginia Realtors: Zillow’s touring agreement may not be legal
-
Low inventory creates challenging conditions in North Carolina’s housing market
-
Tri-state area housing shortage could cost the region economically
-
Remote reverse mortgage counseling now permanently permitted in Massachusetts
-
NAR settlement terms slated to go into effect in mid-August