Timothy Geithner's term as treasury secretary won't end until 2013: White House

November 09, 2012 at 11:47 AM
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Despite his plan to step down as Treasury secretary if President Obama won a second term, Timothy Geithner said he will stay on through inauguration to help avoid the fiscal cliff. Geithner won over many Republicans after helping the White House negotiate a budget deal last year to raise the debt limit and cut the deficit.