Thursday, March 19, 2009
Sen. Shelby Losing Confidence in Geithner
Shaky ground. That's what Treasury Secretary Timothy Geithner is on these days with Congress and many in the country, according to the Senate Banking Committee's top Republican.
Sen. Richard Shelby doesn't think Geithner will last long unless he starts doing a better job.
Shelby says he has less confidence in Geithner each day -- over the AIG bonus mess, solving the nation's financial troubles and helping turn around the economy.
Shelby said Sunday on "Fox News Sunday" that Geithner will have to do a "180-degree turnaround" to be a successful treasury secretary.
But President Barack Obama has faith in Geithner. The president tells CBS' "60 Minutes" that if Geithner offered to resign, the answer would be, "Sorry buddy, you've still got the job."
Shaky ground. That's what Treasury Secretary Timothy Geithner is on these days with Congress and many in the country, according to the Senate Banking Committee's top Republican.
Sen. Richard Shelby doesn't think Geithner will last long unless he starts doing a better job.
Shelby says he has less confidence in Geithner each day -- over the AIG bonus mess, solving the nation's financial troubles and helping turn around the economy.
Shelby said Sunday on "Fox News Sunday" that Geithner will have to do a "180-degree turnaround" to be a successful treasury secretary.
But President Barack Obama has faith in Geithner. The president tells CBS' "60 Minutes" that if Geithner offered to resign, the answer would be, "Sorry buddy, you've still got the job."
