Boehner wants Geithner out at Treasury

Boehner wants Geithner out at Treasury

House Speaker John BoehnerJohn Andrew BoehnerLott says lobbying firm cut ties to prevent him from taking clients Lobbying firm cuts ties to Trent Lott amid national anti-racism protests Bush, Romney won't support Trump reelection: NYT MORE (R-Ohio) wants Timothy Geithner to resign as secretary of the Treasury, according to an aide to the GOP leader.

BoehnerJohn Andrew BoehnerLott says lobbying firm cut ties to prevent him from taking clients Lobbying firm cuts ties to Trent Lott amid national anti-racism protests Bush, Romney won't support Trump reelection: NYT MORE has called on Geithner to step down before, but an aide to Boehner reaffirmed Saturday morning that the Speaker wants Geithner to leave.

Other prominent Republicans have called on Geithner to step down in the wake of the Standard & Poor’s decision Friday to downgrade the nation’s credit rating from AAA to AA+.

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"The President should demand that Secretary Geithner resign and immediately replace him with someone who will help Washington focus on balancing our budget and allowing the private sector to create jobs," Sen. Jim DeMint (R-S.C.) said in a statement Friday.

"For months he opposed all efforts to reduce the debt in return for a debt ceiling increase. His opposition to serious spending and debt reforms has been reckless and now the American people will pay the price," DeMint said.

Rep. Michele BachmannMichele Marie BachmannEvangelicals shouldn't be defending Trump in tiff over editorial Mellman: The 'lane theory' is the wrong lane to be in White House backs Stephen Miller amid white nationalist allegations MORE (R-Minn.), the Tea Party star running for president, called for Geithner’s ouster during an appearance on Fox News.

“I call on the president to seek the immediate resignation of Treasury Secretary Tim Geithner and to submit a plan with his list of cuts to balance the budget this year, turn the economy around and put our people back to work,” she told Fox’s Greta Van Susteren.

Sen. Rand PaulRandal (Rand) Howard PaulHow conservative conspiracy theories are deepening America's political divide Gianforte halts in-person campaigning after wife, running mate attend event with Guilfoyle Rand Paul's exchange with Fauci was exactly what America needed MORE (R-Ky.), a co-founder with DeMint of the Senate Tea Party Caucus, also called for Geithner to step aside.

“We must get new leadership, and put in place people who have seen problems coming and offered credible solutions, rather than those who continue to misdiagnose and mismanage our economy,” Paul said Saturday.

While Geithner has been the target of conservatives’ criticism, within the administration he has argued for deficit reduction, squaring off at times with advisers, such as Larry Summers, the former head of the National Economic Council, who argued for more stimulus spending.

Boehner called on both Geithner and Summers to resign in a speech to the City Club of Cleveland last year, raising hackles at the White House.

"Never before has the need for a fresh start in Washington been more pressing," said Boehner said a few months before the 2010 mid-term elections.  

He charged the “the lack of real-world, hands-on experience shows in the policies coming out of this administration.”

Vice President Joe BidenJoe BidenBiden says he will rejoin WHO on his first day in office Tammy Duckworth is the epitome of the American Dream Mexico's president uses US visit to tout ties with Trump MORE pushed back immediately.

“After months of promising a look at his party’s agenda for their plans for America, their economic agenda, he made what was billed this morning as a major economic address, and his chief proposal when you look at it apparently was that the president should fire his economic team,” Biden said in a sarcastic riposte at the time. “Very constructive advice and we thank the leader for that.”

This story was updated at 4 p.m.