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2.7%  Q1 GDP    4.57%  avg. 30-year mortgage     9.5%  Unemployment

Report: Fed's Geithner Will Be Next Treasury Secy.

NBC News is reporting that Timothy Geithner, president of the New York Fed, will be President-elect Barack Obama's nominee to be the next Treasury Secretary, following Hank Paulson, which whom he has worked closely during the current financial crisis.

Here's Geithner's Fed bio.

-- Frank Ahrens

The Ticker is Twittering!

By Frank Ahrens  |  November 21, 2008; 3:05 PM ET
Categories:  The Ticker  | Tags: Geithner  
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