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Geithner still not interested in being Fed chair: source
Former U.S. Treasury Secretary Timothy Geithner is still not interested in being the next head the Federal Reserve, a source familiar with his thinking said on Sunday, after front-runner Lawrence Summers withdrew his name from consideration. The source, who declined to be identified, said Geithner remains firm in the view that he expressed back in January, when he stepped down from his post at Treasury, that the next Fed chair will be "someone else's privilege." Former White House advisor Summers unexpectedly withdrew his name from consideration for the Fed job on Sunday, which President Barack Obama accepted. ... (full story)
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