White House: Obama asked Geithner to stay at Treasury

August 7, 2011 22:25

WASHINGTON - US President Barack Obama asked Treasury Secretary Timothy Geithner to remain in his post and is pleased that he has decided to do that, the White House said on Sunday.

"The president asked Secretary Geithner to stay on at Treasury and welcomes his decision," White House spokesman Jay Carney said in a statement.

Geithner had been mulling leaving once Washington agreed to raise the US debt ceiling.

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