Geithner Sorry, Blames TurboTax

(NEWSER) - The heat is apparently getting to Tim Geithner. At a meeting last week with high-level financial regulators, the treasury secretary indulged in a potty-mouthed diatribe about delays in the administration's highly touted plan to overhaul the regulatory system, declaring, "enough is enough," the Wall Street Journal reports. Attendees included Ben Bernanke, FDIC chair Sheila Bair, and SEC chair Mary Schapiro. More»

Treasury sec reluctant to free Goldman, others from constraints

(NEWSER) - Tim Geithner is warning Wall Street that he will consider more than banks' individual financial fitness when deciding whether they can pay back bailout funds—and escape from the strings attached to them. In an interview with the Wall Street Journal, the Treasury secretary says that the whole banking system, and in turn the wider economy, has to be considered before he'd allow Goldman Sachs, JPMorgan Chase, and others to pay back their debts. More»

Treasury secretary says he's done after election

(NEWSER) - Tim Geithner is pretty sure he's going to be joining the ranks of the jobless after the election: The Treasury secretary—the longest serving member of President Obama's economic team—tells Bloomberg that Obama is "not going to ask me to stay on, I’m pretty confident. I’m confident he’ll be president. But I’m also confident he’s going to have the privilege of having another secretary of the Treasury." The White House announced in August that Geithner would stay put through the election, amid Beltway rumblings that he would step down. More»

Will likely stay on through fall 2012

(NEWSER) - One piece of economic upheaval that won't hit the fan this weekend: A vacancy at the Treasury Department. After much gnashing of teeth, Tim Geithner has informed President Obama that he will stay on as secretary at least through next fall, reports the Wall Street Journal. Geithner had wanted to resign in order to live in New York with his family, but administration officials pressured him to stay. He now "looks forward to the important work ahead on the challenges facing our great country," according to a statement. More»

'I live for this work,' says Geithner

(NEWSER) - Timothy Geithner is denying reports that he is poised to leave the Treasury , reports the Daily Beast . Yesterday, rumors swirled that Geithner was ready to leave the Obama administration, partly for personal reasons and partly because of his ties to the much-hated big banks. But not so, said the Treasury secretary. "I live for this work," Geithner told Bill Clinton while sharing the stage at a Clinton Global Initiative event. "I’m going to be doing it for the foreseeable future." More»