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Geithner likely treasury pick; Clinton 'on track' (AP)
[6 mins][Hoboken, NJ]
Barack Obama (R) and Hillary Clinton address supporters during a rally in Orlando, Florida in October 2008. Intense speculation flared Friday over reports that president-elect Barack Obama is weighing whether to name former Democratic primary rival Hillary Clinton as a heavy-hitting secretary of state.(AFP/File/Emmanuel Dunand)AP - President-elect Barack Obama is likely to name Timothy Geithner, president of the New York Federal Reserve, as Treasury Secretary in a time of intense economic turmoil as he rounds out the upper echelon of his Cabinet, a senior Democratic official familiar with the deliberations said Friday.
Geithner reportedly picked for Treasury; Clinton still in talks (Reuters)
[29 mins][Hoboken, NJ]
(From left) Senator Hillary Clinton, New Mexico Governor Bill Richardson, and Timothy F. Geithner, President of the Federal Reserve Bank of New York, are seen in a combination file photo. (From left Craig Mitchelldyer, Andrea Comas, Keith Bedford/Reuters)Reuters - President-elect Barack Obama has selected Timothy Geithner as Treasury secretary, charging the respected head of the New York Federal Reserve with pulling the United States out of an economic nosedive, NBC news reported on Friday.

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