Timothy Geithner

Tim Geithner Set to Leave This Month

Successor yet to be named


WASHINGTON, Jan. 4 (UPI) — U.S. Treasury Secretary Tim Geithner plans to leave his job around Inauguration Day, a spokesman says, and he'll leave, debt-ceiling deal or not, Politico says.

His decision to leave the administration this month and return to New York is pretty firm, now that the "fiscal cliff" showdown is over and President Barack Obama signed a bill to raise taxes on the wealthiest Americans, a source close to Geithner told Politico.