By Julia A. Seymour
Treasury Secretary Timothy Geithner is in trouble. He’s faced multiple controversies since his nomination, beginning with his own failure to pay all his taxes to his recent admission that Treasury was responsible for the A.I.G. bonus payouts.
At least two congressmen and two senators have alreadycalled for Geithner’s resignation or firing – something NBC’s Chuck Todd described on March 18 as Republicans trying to make Geithner “the fall guy.” Others, like Sen. Lindsay Graham, R-S.C., said Geithner would be the first to go if the Obama administration has to “pay a price” and is forced to change directions.
Sen. Johnny Isakson, R-Ga., told Politico that Geithner’s “credibility has been hurt to the point where he’s not going to be effective, and if I were him I would” resign.