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Geithner says Obama Opposes Depriving The Fed of Employment Mandate

U.S. Treasury Secretary Timothy F. Geithner said the Obama administration would oppose any effort
to strip the Federal Reserve of its mandate to pursue full
employment and warned Republicans against politicizing the
central bank.

“It is very important to keep politics out of monetary
policy,” Geithner said in an interview airing on Bloomberg
Television’s “Political Capital with Al Hunt” this weekend.
“You want to be very careful not to take steps that hurt our
credibility.”

www.bloomberg.com/news/2010-11-19/geithner-warns-republicans...



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