Albert R. Hunt, Columnist

Could Geithner End Up the Next Fed Chairman?

Obama picked Geithner over Summers before. It could happen again.

July 30, 2013 at 7:08 PM UTC

Albert R. Hunt is a former Bloomberg Opinion columnist. He was the executive editor of Bloomberg News, before which he was a reporter, bureau chief and executive Washington editor at the Wall Street Journal.

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As the Janet Yellen-Larry Summers competition to be the next chairman of the Federal Reserve intensifies, President Barack Obama has a third option, which is his first choice: former Treasury Secretary Tim Geithner.

This alternative is unlikely, however, for two reasons: Geithner really doesn't want the job right now, and it has rarely been Obama's style to pressure or cajole anyone to take a post in his Cabinet.