geithner will stay on the job, at least for now. it had been widely reported considering leaving the obama administration for weeks because his family lived in new york. the announcement comes amid new oncerns about the economy, th standard & poor s downgrading the u.s. credit rating for the first time in aa-plus.rom aaa to eithner is having a conference with bout the situation situations. 7 we re joined by jennifer from the newsroom. geithner is staying on one of many conversation calls happening around the world as everyone what happens when markets open. timothy geithner is not leaving rumors despite earlier that he was out after the debt on capitol ettled ill so he could spend more time with family. instead, he s in the thick of conversations with represent yivers from europe and the g-7 d kingdom as the nations brace themselves for mpact following the first-ever downgrading of the u.s. rating by standard & poor s friday. was think what the s&p did nerve that there s some