Who’s pulling Treasury Secretary Geithner’s strings?  White House Chief of Staff Rahm Emanuel.

On Jan. 20, Timothy Geithner took control of the Treasury Department, directing the government’s response to the financial crisis.

Within three weeks, the White House tightened its grip, alarmed by the poor reaction to Mr. Geithner’s performance during the rollout of his rescue plan, government officials say. Since then, White House Chief of Staff Rahm Emanuel has been so involved in the workings of the Treasury that “Rahm wants it” has become an unofficial mantra among some at the Treasury, according to government officials.

Mr. Geithner is fully on board:

Mr. Geithner said White House involvement is critical to the success of the financial rescue, in part because the popular president can help sell the plan to the public. “I made a judgment…that to do this right, we had to have a fully integrated approach,” Mr. Geithner said in an interview. “The president’s capacity to lay out for the nation and the world a path through this crisis is as essential as everything we’re going to do.”

More people to spread the blame for failure to, as well.  Way to avoid being the only scapegoat, Timmy.  Who says he’s stupid?

Not letting a Constitutional requirement come between friends:

At the president’s urging, Mr. Emanuel began to take a close interest in helping Mr. Geithner, a longtime friend. “There was an understanding that the chain of communication hadn’t been great,” said one official. “I think Rahm felt personally for Tim that there was a lot of responsibility to go around.”

What a selfless guy, that Rahm, willing to do the job no Senate-confirmed Treasury Secretary will do. Another unelected, unaccountable bureaucrat subverting our representative democracy.

H/T Daily Beast

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