Mayor Mike Bloomberg told NBC's David Gregory that Secretary Geithner was "absolutely" the right person to head the Treasury. "Tim Geithner is the guy I would want there. He's smart. He is a work-a-holic. He's been there. He's been part of the financial system for a long time. He understands how things work, markets work, how people react," said Bloomberg.
Gregory posed the question to Gov. Arnold Schwarzenegger. "You said you supported Secretary Geithner. You still have confidence in him?" The governor simply answered, "Yes."