The Obama administration dismissed a news report that New York Federal Reserve Bank President Timothy Geithner, the administration's choice for Treasury secretary, wants to force Federal Deposit Insurance Corp. Chairman Sheila Bair out of her job.

An official with President-elect Barack Obama's transition team was responding to a report by Bloomberg News, which cited unnamed sources and said Mr. Geithner wanted to edge Ms. Bair out following clashes between the two over the government's response to the financial crisis.

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