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Florida Republican Rep. Connie Mack called for Treasury Secretary Tim Geithner to lose his job Wednesday, becoming the first Capitol Hill lawmaker to call for his ouster over AIG's using tens of millions of taxpayer dollars for executive bonuses.
Rep. Darrell Issa, R-Calif., later joined in the call Wednesday.
Mack told FOX News that Geithner should resign or the administration should fire him.
"The American people certainly don't see any competence in him. And I think he's got a lot of questions to answer," he said.
Mack said in a written statement released earlier in the day that President Obama should nominate a new treasury secretary with "the experience and leadership skills America deserves."
Dodd acknowledged his role in the change after a Treasury Department official told CNN the administration pushed for the language.
Both Dodd and the official, who asked not to be named, said it was because administration officials were afraid the government would face numerous lawsuits without the new language.
Dodd, a Democrat, told CNN's Dana Bash and Wolf Blitzer that Obama administration officials pushed for the language to an amendment designed to limit bonuses and "golden parachutes" at those companies.
"The administration had expressed reservations," Dodd said. "They asked for modifications. The alternative was losing the amendment entirely."
On Tuesday, Dodd denied to CNN that he had anything to do with adding the language, which has been used by officials at bailed-out insurance giant AIG to justify paying millions of dollars in bonuses to executives after receiving federal money.
Originally posted by jsobecky
reply to post by Stormdancer777
When pushed by Greta Van Susteren as to who in the administration pressured him for the amendment, Dodd stated "The Treasury".
Of course, we all know that "The Treasury" takes it's cues from Obama and Emmanuel. But unfortunately (or not) Obama trumps Geithner, so yes, Geithner will get thrown under the bus.
Whatever happened to the notion of resigning over principles? Oh wait - that presupposes that you have principles to begin with.