Last night, President Barack Obama noted the sudden turnaround in Washington opinion when it came to Treasury Secretary Tim Geithner.
“You know, it was just a few days ago or weeks ago where people were certain that Secretary Geithner couldn’t deliver a plan. Today the headlines all look like, well, all right, there’s a plan,” the president said.
Obama might have been talking about one Georgia senator in particular.
“This could be the beginning of a very constructive improvement in capital flows,” Georgia Senator Johnny Isakson told Fortune.
Just last week, Isakson, a member of the Senate Commerce Committee, became the first Republican senator to call for Geithner’s resignation.
Isakson was shocked that the former New York Federal Reserve president – who essentially “wrote the check” to AIG last September – was completely unaware of the bonuses that caused a national uproar six months later.
For instant updates, follow me on