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SATURDAY, NOVEMBER 21, 2009
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NEWS ABOUT: Treasury secretary

Treasury secretary stories: 58 news summaries

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DAVID BROOKS

 Geithner Got It Right 

Treasury secretary's pragmatic approach to financial crisis paid off

Nov 20, 09 5:16 AM CST
(Newser) - David Brooks leaps to the defense of Tim Geithner today, arguing that the treasury secretary's critics, who last spring were dismissing him as a hapless "Bambi in the headlights," were mostly wrong and he was mostly right. The system is now much healthier, TARP money is being repaid,... More »

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Obama administration • Treasury secretary • financial crisis • Timothy Geithner • TARP

  Geithner 
 to Bankers: 
 Crackdown 
 Is 'War' 



Treasury secretary tells Wall Street it must accept regulation

Oct 28, 09 7:30 AM CDT
(Newser) - Tim Geithner had tough words for Wall Street bankers yesterday, telling the financial industry's annual conference that they had no credibility to protest new regulation. The Treasury secretary said government had a responsibility to crack down on dangerous practices on the Street and design new laws allowing seizures of institutions... More »

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Wall Street • US dollar • economic stimulus package • bank regulation • Treasury secretary • financial crisis • Timothy Geithner

 Geithner Warns of 
 Long, Hard Road Ahead 

Administration a long way from saying 'mission accomplished' on financial crisis 

Sep 11, 09 5:43 AM CDT
(Newser) - The economy is no longer on the brink of the abyss but there's a long way to go before recovery takes hold, Tim Geithner warned yesterday. The Treasury secretary told a congressional committee that while the financial system is showing signs of better health, regulation of the financial system needs... More »

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recession • US economy • House Committee on Oversight and Government Reform • Treasury secretary • financial crisis • Wall Street bailout • TARP

(Newser) - The return of hefty profits on Wall Street doesn't mean that banks are returning to previous bad behavior, Tim Geithner insists. In an interview with the Wall Street Journal, the Treasury secretary says the big banks are safer now because "they're running with much less leverage," greater liquidity,... More »

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executive compensation • bank • Obama administration • banks • deleveraging • Treasury secretary • Wall Street bailout • Timothy Geithner

Time May Be Right to Talk Raising Taxes

In poll, less than half
of Americans say
they pay too much

Aug 7, 09 9:51 AM CDT
(Newser) - If the administration must raise taxes, now could be its big chance, NPR reports. Only 46% of Americans in a recent Gallup poll said their taxes were too high—the smallest fraction since 1961. “Americans, relatively speaking, are more satisfied with the amount of taxes they pay than they... More »

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taxes • White House • middle class • tax hikes • tax policy • Obama administration • Treasury secretary • Robert Gibbs • President Obama • Timothy Geithner

(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.... More »

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Ben Bernanke • Federal Reserve • SEC • profanity • Treasury Department • FDIC • financial institutions • swearing • Obama administration • Treasury secretary • Sheila Bair • Timothy Geithner • Obama Cabinet • Mary Schapiro • regulator • Securities and Exchange Commission • regulatory body • Neal Wolin

New SEC Chair Stakes Out
Her Territory

Schapiro moving decisively to overhaul troubled agency

Jun 4, 09 10:23 AM CDT
(Newser) - As soon as she took over the SEC, Mary Schapiro started making changes. She scrapped rules that had hindered investigators, hired a new enforcement director, and refocused regulators on high-profile financial crisis-related cases. “I wanted to be clear from my first day—not just with words, which are pretty... More »

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Federal Reserve • SEC • Treasury Department • regulation • bank regulation • Treasury secretary • Timothy Geithner • Mary Schapiro • Securities and Exchange Commission

Housing Market Woes Hit Home for Geithner

Treasury secretary
can't sell, stuck renting
out his NY home

Jun 3, 09 9:57 AM CDT
(Newser) - Housing market troubles are getting personal for Tim Geithner, the AP reports. The Treasury secretary bought his five-bedroom suburban New York Tudor for $1.6 million in 2004; after moving to Washington, he tried to sell it for $1.635 million. The price later dropped to $1.575 million, but... More »

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housing market • mortgage • home sales • rent • housing sales • Treasury secretary • financial crisis • Timothy Geithner

 Geithner 
 to China: 
 Your Assets 
 Are Safe 



Treasury secretary seeks to reassure China about growing US deficit

Jun 1, 09 8:41 AM CDT
(Newser) - Tim Geithner began his trip to China with a speech at Peking University, where the Treasury secretary said that once the current recession and financial crisis are over, the administration will bring down soaring fiscal deficits. But students at the college where Geithner himself once studied peppered him with tough... More »

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China • US-China trade deficit • Beijing • deficit • national debt • Treasury secretary • financial crisis • Timothy Geithner

 Geithner Headed to China 


May 27, 09 4:08 PM CDT
(Newser) - Treasury Secretary Timothy Geithner will meet with Chinese officials, including the president, next week in Beijing, the New York Times reports. Before being confirmed for the position, Geither had charged China with “manipulating” its currency. The visit is intended to solidify the trading relationship between the countries, and Geithner... More »

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China • Hu Jintao • Treasury Department • Obama administration • Treasury secretary • Timothy Geithner

Geithner Back From the Dead, Politically

Once-ridiculed
Treasury chief now on top of his game

May 26, 09 9:51 AM CDT
(Newser) - After a rough start, Timothy Geithner has found his sea legs. Many were calling for the Treasury secretary’s head after his botched handling of February's bailout speech and the AIG bonuses. But, reports Politico, as the economy stabilizes, Geithner’s getting the hang of things. His regular meetings have... More »

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AIG • Treasury Department • bank regulation • Treasury secretary • financial crisis • Timothy Geithner

ANALYSIS


 Geithner's 
 Understaffed 
 Treasury 
 Is Stalled 

Geithner's undermanned department struggles to execute plans

May 18, 09 5:56 AM CDT
(Newser) - Nearly two months ago the Treasury announced it was booting Rick Wagoner as CEO of General Motors. But he's still technically on the payroll—because Treasury officials continue to debate whether he should receive the $20 million severance package he was promised. It's only one of many key decisions that... More »

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General Motors • Treasury Department • Rick Wagoner • Treasury secretary • Timothy Geithner • job vacancies

 Treasury's Mantra: 
 'Rahm Wants It' 

"Rahm wants it" is new motto around Geithner's office

May 1, 09 10:55 AM CDT
(Newser) - Tim Geithner's early struggles to gain the confidence of the markets and the public have led to a stronger-than-usual White House presence at the Treasury Department, where "Rahm wants it" is a frequent refrain, reports the Wall Street Journal. Although it's a dramatic shift from the Hank Paulson regime,... More »

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Rahm Emanuel • Treasury Department • David Axelrod • Obama administration • Treasury secretary • Timothy Geithner

 At NY Fed, 
 Geithner Got Cozy 
 With Wall Street  

Geithner's cozy history with the high finance club draws critics' ire

Apr 27, 09 9:10 AM CDT
(Newser) - While some feel Treasury Secretary Timothy Geithner has been an aggressive steward of the public trust, some critics point to his days as New York Fed president as proof he’s too cozy with the very banks that crippled the financial system. The New York Times investigates his tenure there,... More »

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Citigroup • Goldman Sachs • Morgan Stanley • BlackRock • JPMorgan Chase • Treasury secretary • financial crisis • Timothy Geithner • New York Federal Reserve Bank

Geithner Puts Brakes on Bank Repayments

Treasury sec reluctant to free Goldman, others from constraints

Apr 21, 09 8:01 AM CDT
(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,... More »

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Goldman Sachs • Treasury Department • JPMorgan Chase • Obama administration • Treasury secretary • financial crisis • Wall Street bailout • Timothy Geithner • Obama Cabinet

Geithner Predicts Big Things at G20

Confident Treasury chief expects 'global stimulus' plan

Apr 1, 09 9:57 PM CDT
(Newser) - Treasury chief Tim Geithner made time in London for a series of TV interviews in which he expressed confidence that the global economy has turned the corner. He told Bloomberg that he sees "encouraging signs" of recovery and said policy makers at the G20 summit will make sure the... More »

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recovery • global economy • G20 • Treasury secretary • Timothy Geithner

 Feds Seek Expanded Power 
 to Seize Shaky Companies  

Treasury sec should be able to seize non-bank firms, says administration

Mar 24, 09 6:00 AM CDT
(Newser) - The Obama administration is expected to ask Congress for expanded powers that would let the Treasury secretary seize insurers, hedge funds, and other non-bank financial companies whose failure would imperil the economy, reports the Washington Post. While negotiations are ongoing, the plans to expand Treasury authority would represent a major... More »

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AIG • Treasury Department • regulation • bank regulation • Obama administration • Treasury secretary • financial crisis • Timothy Geithner

OPINION

 Hey Paul Krugman, 
 Your Country Needs You 

Why aren't you in the administration?

Mar 24, 09 3:11 AM CDT
(Newser) - The latest video to shake up YouTube is a song plea that critical columnist Paul Krugman join the Obama administration and fix the economy. "Hey Paul Krugman, where the hell are you, man? Why aren't you in the administration?" sings songwriter Jonathan Mann. "When I listen to you... More »

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Barack Obama • YouTube • New York Times • Treasury Department • Paul Krugman • economy • Treasury secretary • Timothy Geithner • fiscal crisis • toxic assets

OPINION

 Geithner: 
 'These 
 Policies 
 Will Work' 

Treasury sec lays out $1T plan in op-ed

Mar 23, 09 7:00 AM CDT
(Newser) - Tim Geithner caps a weekend of lobbying for the administration's $1 trillion Public-Private Investment Program in an op-ed for the Wall Street Journal, arguing that "the financial system as a whole is still working against a recovery." For the Treasury secretary, all the previous measures will fail... More »

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Treasury Department • mortgage backed securities • Obama administration • Treasury secretary • financial crisis • Timothy Geithner • TALF • Public-Private Investment Program

 Obama: Geithner's Job Is Safe 


Mar 21, 09 10:09 PM CDT
(Newser) - Barack Obama has a message for those who want Tim Geithner out at Treasury: Forget about it. And if Geithner himself decides he's had enough and tries to resign, the president has a ready answer: "Sorry, Buddy, you've still got the job." In an interview with 60 Minutes... More »

MORE ABOUT:
60 Minutes • interview • Treasury secretary • President Obama • Timothy Geithner • Obama Cabinet

1 - 20 of 58 Stories | 1 2 3 Next >>


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