Obama punts on economic team

President Obama on Monday refused to comment on how long he expects two of his key economic advisers to stay on the job following the midterm elections.

Asked at a town-hall event televised on CNBC if he has asked Treasury Secretary Timothy Geithner and National Economic Council chief Lawrence Summers to stay on board until the end of his term, Obama praised the duo but said he has not made any personnel decisions regarding his economic team.

"I have not made any determinations about personnel," Obama answered. "I think Larry Summers and Tim Geithner have done an outstanding job as have my whole economic team."

Obama has come under pressure from lawmakers in both political parties to fire some of his economic advisers — particularly Geither — arguing the administration's economic policies have not hastened the recovery or created enough jobs.

House Minority Leader John Boehner (R-Ohio) fueled his feud with Obama last month by calling for Geithner's firing during an economic address in Cleveland.

The president responded by phoning both Geithner and Summers during his Martha's Vineyard vacation. 

While he praised their "tough" work, Obama said personal factors could affect their futures.

"They've been at it for two years and they're going to have a whole range of decisions about family that will factor into this, as well," he said.