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Timothy Geithner Joining Council On Foreign Relations As Distinguished Fellow

Geithner Announces Next Move
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Politics Reporter, The Huffington Post

FILE - In this Monday, March 30, 2009, file photo, Treasury Secretary Timothy Geithner, left, followed by Transportation Secretary Ray LaHood, arrive in the Grand Foyer of the White House in Washington. The auto support effort was actually begun under the Bush administration but taken over and expanded by Obama and Geithner. Administration officials have said the effort saved more than a million jobs and came at a critical time when the economy was in severe crisis. (AP Photo/Ron Edmonds)
FILE - In this Monday, March 30, 2009, file photo, Treasury Secretary Timothy Geithner, left, followed by Transportation Secretary Ray LaHood, arrive in the Grand Foyer of the White House in Washington. The auto support effort was actually begun under the Bush administration but taken over and expanded by Obama and Geithner. Administration officials have said the effort saved more than a million jobs and came at a critical time when the economy was in severe crisis. (AP Photo/Ron Edmonds)

Recently departed Treasury Secretary Timothy Geithner is joining the Council on Foreign Relations in New York City as a distinguished fellow, according to Politico's Mike Allen.

"We are thrilled to welcome Tim back to the Council on Foreign Relations," said CFR President Richard N. Haass in a statement to be released later Wednesday. "Both at Treasury and at the New York Federal Reserve, Tim was a tireless, creative, and responsible custodian of the public trust. His coming to CFR only strengthens our capacity to produce thoughtful analysis of ... economic, political, and strategic developments."

Geithner was previously a senior fellow at CFR in 2001.

Geithner is the longest-serving member of Obama's economic team and took office while the financial crisis was in full bore after serving as president of the New York Fed during the collapse of Lehman Brothers. He has been criticized for his handling of the Home Affordable Modification Program or HAMP, which was designed to stem the foreclosure crisis but fell well short of its goal to help 3 to 4 million homeowners.

Before You Go

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