Timothy Geithner, White House | featured news

Treasury Secretary Timothy Geithner -- and other White House officials -- are challenging a new book that slams President Obama's economic t ...

A new book claims that the Obama White House is a boys’ club marred by rampant infighting that has hindered the administration’s economic policy, and left top female advisers feeling excluded from key conversations. “Confidence Men: Wall Street, Washington, and the Education of a President,” by journalist Ron Suskind due out next Tuesday, details the rivalries among Obama’s top economic advisors, Larry Summers, former chairman of the National Economic Council, and Treasury secretary, Timothy F. Geithner. It describes constant second-guessing by Summers, now at Harvard, who was seen by others as “imperious and heavy-handed” in his decision-making.

Republican lawmakers are stepping up pressure on the Obama administration to craft a Plan B just in case budget talks fall through and the debt ceiling remains frozen past the Aug. 2 deadline Treasury Secretary Tim Geithner has set.