In the wake of the growing issues surrounding the AIG bonus scandal and U.S. Treasury Secretary Timothy Geithner’s oft-demonstrated inability to lead and act appropriately, Congressman Connie Mack (FL-14) today called on Secretary Geithner to either resign or be fired from his position.

Mack said:

“Well before Timothy Geithner became Secretary of the Treasury, he was working hand-in-hand with AIG and other financial institutions to provide them hundreds of billions of dollars of taxpayer money as one of the key architects of the financial sector bailout. I was outspoken against the bailouts then, and I’m even more outraged now.

“I’ve had serious concerns about Secretary Geithner from the moment he was nominated. In the months since, he has shown us time and again why he was the wrong choice for this critical post.

“This week’s news on the AIG bonus scandal is but the latest fiasco under his watch and he has lost the confidence of the American people.

“Quite simply, the Timothy Geithner experience has been a disaster. The Treasury Department is in disarray. Taxpayer dollars are being wasted. America’s economy hangs in the balance. America needs and deserves a Treasury Secretary who can truly lead us forward.

“Timothy Geithner should either resign or be fired for the good of the country, and President Obama should nominate a new Treasury Secretary with the experience and leadership skills America deserves.”

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