National

Remarks by President Obama in Nomination of Secretary of the Treasury

Washington, DC–(ENEWSPF)–January 10, 2013 – 1:40 P.M. EST

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THE PRESIDENT:  Good afternoon, everybody.  Please have a seat.  A little more than four years ago, I stood with Mr. Tim Geithner and announced him as my first nominee to my Cabinet.  We were barely two months into the financial crisis.  The stock market had cratered.  The housing market had cratered as well.  Bank after bank was on the verge of collapse.  And worst of all, more…

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