Treasury Secretary Tim Geithner may step down, sources say

Treasury Secretary Timothy Geithner is considering stepping down later this year, but will not make a decision until contentious negotiations over the U.S. debt ceiling are completed, people familiar with his thinking said on Thursday. Geithner said he would remain in his Treasury post “for the foreseeable future” and sidestepped a direct question about his career plans after a flurry of media reports that he was mulling leaving the Obama administration.

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