Treasury Secretary Timothy Geithner should either be fired or resign for his poor oversight of AIG, Rep. Connie Mack (R-Fla.) declared Wednesday.

"Quite simply, the Timothy Geithner experience has been a disaster," Mack said in a statement. "Timothy Geithner should either resign or be fired for the good of the country, and President Obama should nominate a new Treasury Secretary with the experience and leadership skills America deserves.