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Perriello: Treasury Secretary Timothy Geithner Should Be Replaced

August 30, 2010

Congressman Tom Perriello has restated his opinion that the Treasury Secretary Timothy Geithner needs to be replaced.

In a press release issued on August 30th, Perriello stated: "Though he has changed the rhetoric, Treasury Secretary Geithner has too often championed President Bush's economic priorities of bailing out Wall Street, ignoring construction and manufacturing, and going easy on Chinese currency manipulation and dumping practice".

Perriello continued on to state this method is based on "flawed logic" and does not help to support small business and community banks, nor does it crack down on China.

Also in the press release, Perriello noted his surprise that Minority Leader John Boehner called for Secretary Geithner's resignation, due to the fact Boehner voted for the Secretary's policies.

Perriello concluded with the statement: "We cannot rest and we should not be satisfied until Americans are back to work building, making and growing things here again. For this, we must do better than the Geithners and Boehners who have given up on America's workers".


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