November 21st, 2008
04:38 PM ET
6 years ago

Geithner 'on track' to being offered critical Treasury post

(CNN) – Two sources close to the transition say that New York Federal Reserve President Timothy Geithner is “on track” to being offered the nomination for Treasury Secretary. The announcement will happen within days, possibly Monday, potentially with another member or members of the Obama economic team as well.

soundoff (50 Responses)
  1. ken

    nice!

    November 21, 2008 04:40 pm at 4:40 pm |
  2. Lillie

    GOOD!

    November 21, 2008 04:41 pm at 4:41 pm |
  3. joe

    I love this guy..

    This is the end of Bush error!

    November 21, 2008 04:46 pm at 4:46 pm |
  4. Anna, ATL

    happy day!

    November 21, 2008 04:50 pm at 4:50 pm |
  5. Spencer/NY to VA

    I'm not sure about this Geithner fella. From looking at his record, I would gather that he is part of the problem on Wall St. albeit today's 500 point rally due to suspicions of him being named Secretary.

    November 21, 2008 04:51 pm at 4:51 pm |
  6. Michael, Houston Texas

    Oh guess what Obama Haters, the market is up 500 points after President Obama made a key decision. Well lookie here, can't use that as a complaint anymore losers. So let's see, the GOP government makes a decision, market crashes, the incoming, not even started yet, Democratic Govt makes a decision, market rebounds. Now shut your pie holes and get ready to start enjoying life again!

    November 21, 2008 04:52 pm at 4:52 pm |
  7. Faith Restored

    And the negtiave nitpicking have nothing to contribute about what THEY are going to do as patricotic lovers of the U.S.A. to help our PE clean up 8 long years of the shameful mockery Bush has led us to folks in 6...5...4...3...2...1...

    November 21, 2008 04:52 pm at 4:52 pm |
  8. Willy Brown

    If Obama farts side ways CNN would have here on the Ticker for comments and hoew good it woul dbe for America.

    November 21, 2008 04:53 pm at 4:53 pm |
  9. Just another CNN poster

    The stock market rallied after hearing this, but none the less.

    Let the bashing by the right begin in four, three, two, one....................................

    November 21, 2008 04:56 pm at 4:56 pm |
  10. Funny CNN

    How do they know for sure? Give it a rest, you just have to wait one weekend. He's going to announce on Monday. Relax.

    November 21, 2008 04:57 pm at 4:57 pm |
  11. Abby

    The market likes this guy. Stocks went up more than 500 points on rumors that he would be selected. This is the start of a good thing, God willing. PE Obama is very wise.

    November 21, 2008 04:57 pm at 4:57 pm |
  12. Kevin

    Wow, excellent move Obama!

    November 21, 2008 05:10 pm at 5:10 pm |
  13. sean, santa barbara

    any more Israelis to be picked?

    November 21, 2008 05:12 pm at 5:12 pm |
  14. Farrell, Houston, Tx

    THE STOCK MARKET SOARED AFTER HEARING GEITNER'S NAME.

    November 21, 2008 05:15 pm at 5:15 pm |
  15. JohnS

    excellent choice.

    CHANGE is coming to Washington...

    DOW climbed 500 points...

    November 21, 2008 05:18 pm at 5:18 pm |
  16. Just Think

    I really wish they would select someone like Mitt Romney!

    November 21, 2008 05:20 pm at 5:20 pm |
  17. earle,florida

    Wow,another buddy of the chosen few,Paulson works well with this guy,so the market has a short cover rally,big deal,can't wait for Monday's open?

    November 21, 2008 05:28 pm at 5:28 pm |
  18. Logic

    bitter much "earle,florida"???

    November 21, 2008 05:38 pm at 5:38 pm |
  19. Griff

    Just think CNN. How much of your Electronc Equipment is Grounded.... Straight into this Planet.... And Al Gore, say's it's no Problem to this Planet...

    November 21, 2008 05:38 pm at 5:38 pm |
  20. ken

    what is taking too long?

    November 21, 2008 05:39 pm at 5:39 pm |
  21. PURPLE HEART

    AT LAST WE HAVE A HARVARD MATERIAL AS PRESIDENT AND IT FOLLOWS THAT HIS CHOICES ARE A REFLECTION OF SMARTNESS AND CAREFUL CONSIDERATION.BUSH WAS AND WILL ALWAYS BE THE "BIGGEST" ACADEMIC DWARF TO HOLD THE PRESIDENCY AND WE ALL FOUND OUT WHY THIS JOKE WAS NO LAUGHING MATTER.

    November 21, 2008 05:44 pm at 5:44 pm |
  22. MN observer

    Hey earle from florida, who do you think he should have chosen for the job? One of the local bankers or YOU!!

    November 21, 2008 05:48 pm at 5:48 pm |
  23. beevee

    Seems like a decent choice for Treasury secretary. Hope the media does not go too critical of Obama's selections. After all he has to run the country effectively with efficient people around him.

    November 21, 2008 05:49 pm at 5:49 pm |
  24. Simmy

    Let's get him on board quickly, so the market can gain some stablization!

    November 21, 2008 05:56 pm at 5:56 pm |
  25. Paul Wall in Dallas

    great choice. the market reacted positively to the news. he'll do great.

    November 21, 2008 05:57 pm at 5:57 pm |
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