Distorting Geithner's comments about the dollar
Rep. Michele Bachmann has been strident lately in her opposition to the Democrats running Congress and the Obama administration.
Bachmann, a Minnesota Republican who is a tax lawyer, considers herself a "foreign correspondent on enemy lines" in Washington, D.C. She also called for an "orderly revolution" against the Democrats on a recent radio show.
One source of her concern, Bachmann has said repeatedly, is that she fears the Obama administration wants to do away with the dollar. She introduced a constitutional amendment on March 25 that would prohibit that. Thirty-one Republicans have co-sponsored it.
In a news release announcing the measure, Bachmann claimed Treasury Secretary Timothy Geithner had said he was open to the idea of dropping the dollar.
"Yesterday, during a Financial Services Committee hearing, I asked Secretary Geithner if he would denounce efforts to move towards a global currency and he answered unequivocally that he would," Bachmann said in the March 25, 2009 news release . "And President Obama gave the nation the same assurances. But just a day later, Secretary Geithner has left the option on the table. I want to know which it is."
We researched Bachmann's claim and found she was distorting Geithner's comments. She earned a False on our Truth-O-Meter.