The Obama administration has announced that Treasury Secretary Timothy Geithner would remain in his post for the time being.
"Secretary Geithner has let the president know that he plans to stay on in his position at Treasury. He looks forward to the important work ahead on the challenges facing our great country," Treasury Department spokeswoman Jenni LeCompte said.
Geithner, the only original member of President Obama's economic team still in his or her position, had been the subject of some speculation as he had said he wanted to join in his wife and children, who had moved back to New York, and was exhausted from working at a breakneck pace during the financial crisis.
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