Congressman Connie Mack (FL-14), who last week became the first Member of Congress to call for Treasury Secretary Timothy Geithner’s resignation, reiterated that call today saying that the Secretary’s abysmal public handling of China’s efforts to replace the U.S. dollar as the world’s standard international currency raise even greater doubts about the Secretary’s ability to inspire confidence across the nation and among financial markets.

Mack said:

“It’s shocking how Secretary Geithner, all by himself, continues to tear apart his national and international credibility.

“Just when the American people thought our confidence in him couldn’t sink any lower in the wake of the AIG fiasco, Secretary Geithner’s multiple changing stances this week on China’s calls for a new international reserve currency have raised even more questions about his on the job performance and his inability to inspire any confidence in his leadership.

“What does Secretary Geithner really believe? Does he support China’s call to abandon the U.S. dollar in favor of a new international reserve currency? Does he understand that a strong dollar is essential to America’s economy, and that our freedom and prosperity are directly tied to the dollar’s value?

“The American people deserve clear and articulate answers from Secretary Geithner. His failure to answer these simple questions will only further erode his standing at home and abroad.”

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