Geithner Admits Obama Was Part of Congress that Caused Economic Woes Daniel Halper March 28, 2012 11:58 AM At a hearing today on Capitol Hill, Treasury Secretary Tim Geithner blamed members of Congress (before 2008) for the economic troubles: When Geithner is reminded by a member of Congress that President Obama was a member of that congressional body, he's forced to admit, "Oh, I see you're point. That's a good point. He was a senator for two years. You're right." The member of Congress then says, "He had an opportunity to be part of the solution." Geithner replies, "That's true."