WHITE HOUSE

Report: Geithner Doesn't Expect to Serve a Second Term

Updated: January 25, 2012 | 5:26 p.m.
January 25, 2012 | 5:25 p.m.

Treasury Secretary Timothy Geithner has told Bloomberg Television that he wouldn’t expect President Obama to ask him to stay on for a possible second term, and even if asked, Geithner had planned on doing “something else,” MSNBC reports.

"He's not going to ask me to stay on, I'm pretty confident," Geithner told Bloomberg. "I'm confident he'll be president, but I'm also confident he's going to have the privilege of having another secretary of the Treasury."

Geithner had thought about resigning last summer, but he agreed to stay on through the 2012 election at Obama’s request.

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