Geithner Tells Obama He Will Remain as Treasury Secretary

Treasury Secretary Timothy F. Geithner, a central figure in the U.S. government’s bailouts of Wall Street banks and efforts to raise the debt limit, told President Barack Obama that he intends to remain in his job.

Geithner, 49, will stay on at least through the 2012 election, according to an administration official who was not authorized to comment publicly.