US Treasury Secretary Timothy F Geithner said the International Monetary Fund needs to formally name an interim leader after Dominique Strauss-Kahn’s jailing, as pressure rose on the fund’s managing director to resign.
“It’s important that the board of the IMF formally put in place for an interim period somebody to act as managing director,” Geithner said at an event in New York yesterday.
Austrian Finance Minister Maria Fekter said earlier that Strauss-Kahn “risks damaging the IMF” and her Spanish counterpart said he should “use his best judgment.”