Geithner To Jump Ship Before Debt Ceiling, Jacob Lew Likely Successor

President Barack Obama continued his shake up of the cabinet today with the announcement that current Secretary of the Treasury, Timothy Geithner, would be leaving the position toward the end of January. The news was originally reported by Bloomberg earlier today.

The Secretary of the Treasury holds the second most important position in the cabinet, and is fifth in line to succeed to the Presidency. Geithners tenure in the position has been filled with attempts to turn the US economy around. He is the only remaining member of...