Treasury Secretary Timothy Geithner has signaled to White House officials that he is considering leaving the administration after a deal to raise the U.S. debt limit is reached, Bloomberg News reported on Thursday, citing three anonymous sources.
Bloomberg said one of the three people familiar with the matter said Geithner has not made a final decision and will not do so until the debt ceiling issue has been resolved.
The White House referred questions on the report to Treasury, where a spokesperson declined comment.
Geithner is the last remaining top member of President Barack Obama's original economic team. Council of Economic Advisers Chairman Austan Goolsbee is planning to leave the administration in August to return to the University of Chicago.
Geithner, 49, has spent most of his career in the public sector and does not have a university position or banking job waiting for him. Prior to taking the top job at Treasury, he was President of the Federal Reserve Bank of New York and held key positions before that at the International Monetary Fund and the Treasury during the Clinton administration.
The Bloomberg report said Geithner had told associates that he needs a break from government service after dealing with the turmoil of the financial crisis, including the bailouts of major Wall Street banks as head of the New York Fed and later with automakers and American International Group at the Treasury.
Family considerations were also playing a role in his deliberations, according to he report.
(Reporting by Tim Ahmann and David Lawder; Editing by James Dalgleish)