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Treasury Secretary Tim Geithner is expected to resign soon after what has been described as "four tumultuous years". Photo by Getty Images
A new Treasury Secretary is expected to join the economic team of US President Barack Obama in the short term despite his reelection on November 6.
Tim Geithner, who is currently holding the post, has indicated he's ready to leave after what has been described as "four tumultuous years".
Geithner is expected to resign soon, but Treasury officials have refused to disclose details about his successor.
Media reports however single out quite a few likely candidates for the job, the favorite being White House Budget Director Jacob "Jack" Lew, who played a key role last year in debt ceiling and deficit reduction talks.
Another top name mentioned is Larry Fink, CEO of BlackRock, one of the world's largest investment firms and according to media reports a friend of Geithner's.
Two more candidate come directly from the world of finance - Pimco CEO Mohamed A. El-Erian and Kenneth Chenault, the CEO of American Express.
At the bottom of the list comes Sheila Bair, a Republican with a populist bent, who is however believed to enjoy slim chances for the job due to her controversial book about the financial crisis and her recent Fortune columns.
Analysts have commented that getting a new voice at the table will help the White House deal with the big challenges ahead, the first being the so-called fiscal cliff, a series of massive tax hikes and spending cuts slated to kick in Jan. 2
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