Don't miss

Replay


LATEST SHOWS

EYE ON AFRICA

South African court rules Jacob Zuma should face corruption charges

Read more

MEDIAWATCH

A Royal Challenge from the Obamas

Read more

THE WORLD THIS WEEK

Lights go out in Venezuela and Saudi Arabia goes green (part 1)

Read more

THE WORLD THIS WEEK

Stalemate in Spain and Protests in Paris (part 2)

Read more

FRANCE IN FOCUS

Cinema, a French love affair

Read more

#TECH 24

'VR' immersive journalism

Read more

REVISITED

Nepal revisited, one year after the deadly earthquake

Read more

YOU ARE HERE

France's River Charente, a rich ecosystem

Read more

FOCUS

Libya: Who's running the country?

Read more

Obama fends off Geithner resignation calls

Video by Guillaume MEYER

Latest update : 2009-03-22

President Barack Obama has defended Timothy Geithner despite mounting calls for his resignation over his handling of the economic crisis. Should he offer his resignation, Obama joked that he would say: "Sorry buddy, you've still got the job."

AFP - President Barack Obama said Timothy Geithner's job is safe, despite mounting resignation calls over the Treasury head's handling of the economic crisis, according to interview excerpts released Saturday.
   
Should Geithner offer his resignation, Obama joked that he would say: "Sorry buddy, you've still got the job."
   
In an interview with the CBS program "60 Minutes" to be broadcast Sunday, Obama said neither he nor Geithner had discussed a possible resignation by the Treasury Secretary, but he acknowledged public criticism of his administration's economic plans.
   
Geithner has faced public uproar over his stewardship of an economy in crisis and for his mishandling of a political scandal over massive bonuses by bailed-out insurance giant American International Group.
   
"It's going to take a little bit more time than we would like to make sure that we get this plan just right. Of course, then we'd still be subject to criticism," Obama told CBS.
   
"What's taken so long? You've been in office a whole 40 days and you haven't solved the greatest financial crisis since the Great Depression," he quipped.

Date created : 2009-03-21

COMMENT(S)