U.S. President Barack Obama has tremendous confidence in Treasury Secretary Timothy Geithner and the job he is doing, Reuters cited spokesman Robert Gibbs as saying today. At Gibbs' daily briefing, a reporter noted that many bankers had been showing up on Obama's schedule and asked whether the president still has confidence in Geithner. "Obviously we have tremendous confidence in Secretary Geithner, as somebody who has helped steer the financial sector to stability, has worked on a range of issues and will be heavily involved in regulatory reform going forward," Gibbs said.
