Economics

Europe Aims to Keep IMF Job as Strauss-Kahn Faces Exit Call

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European officials closed ranks to defend their hold on the International Monetary Fund’s top job as pressure mounted on the agency’s jailed leader, Dominique Strauss-Kahn, to step down.

U.S. Treasury Secretary Timothy F. Geithner said the IMF needs to name an interim leader because Strauss-Kahn is “obviously not in a position” to run the fund. Austrian Finance Minister Maria Fekter told reporters in Brussels yesterday that Strauss-Kahn “risks damaging the IMF.” Senator Mark Kirk, a Republican from Illinois, sought his resignation.