Topic: Timothy Geithner

Top galleries, list articles, quizzes

Briefing
Obama vs. Romney 101: 3 ways they differ on regulation

Wall Street is a big target – blamed for the financial crisis that led to the Great Recession. Mitt Romney says efforts to rein in financiers via more regulation are an attack on “economic freedom.” President Obama says new regulations would make it “more profitable to play by the rules than to game the system.” Here are three specifics on which the two differ.
In Pictures: Who's who in the US debt crisis
Out of options in debt ceiling talks? Nope, here are five.
In Pictures: Obama's West Wing
National debt ceiling 101: Is a crisis looming?

All Content

Bloomberg L.P.: Letting reporters access client data was 'mistake'

Bloomberg L.P. says it has cut off its journalists' special access to its clients' financial services information, describing such access as a 'mistake' in its newsgathering policies. The Federal Reserve is now investigating whether Bloomberg journalists tracked data about top Fed officials.
Chapter & Verse Timothy Geithner will release book on 2008 financial crisis

Geithner's book will come out in 2014 and is meant to be a 'play book’ for 'future policy makers,' said Crown Publishing.
Donald Marron House debt limit bill: five key facts

The US House of Representatives will vote Wednesday on a debt limit bill that will suspend the debt limit through May 18. If they fail to pass a budget by April 15, Marron writes, the debt limit bill will withhold their pay.
Jacob Lew: Is 'safe' choice for Treasury also a good choice? (+video)

Jacob Lew is valued by Obama as a Beltway numbers guy able to endure high-stakes budget fights. But some critics worry he won't tackle fast-rising debt. And the Treasury job could demand big duties beyond fiscal strategizing.
Jack Lew expected to lead Treasury (+video)

Jack Lew, President Obama's likely pick for Treasury secretary, will face tricky economic topics in his new role. If confirmed, Lew will be an important player in the president's plans for deficit reduction.
Obama expected to nominate Jack Lew as Treasury secretary

The President's chief of staff has an extensive background in government work that includes running the Office of Management and Budget.
Investors peek over 'fiscal cliff' and find ... blue skies?

Professional investors see plenty of minefields, but many believe a congressional deal will avert the worst of the 'fiscal cliff.' Another plus: Beyond the 'fiscal cliff' is a slowly improving economy.
'Fiscal cliff': Finger-pointing furiously, Congress slouches toward deadline

Speaker Boehner, who called the House back into session Sunday evening, said Thursday it was up to the Senate to act, while majority leader Reid spoke on the Senate floor of a 'dysfunctional' GOP caucus.
General Motors to buy back US-owned stake. US to lose billions?

General Motors stake owned by the US treasury will be sold over the coming year, assuring a multibillion-dollar loss for the federal government. General Motors will buy back $5.5 billion in shares, and the Treasury will have to sell the rest of the stock at a high price in order to break even on the $50 billion bailout GM received.
Fiscal cliff: Obama, Boehner speak frankly (+video)

As the battle over the United States' 'fiscal cliff' continues, President Obama and Representative Boehner spoke directly at the White House on Thursday.
Susan Rice's surprise withdrawal saves Obama a fight (+video)

UN ambassador Susan Rice, once perceived as a natural replacement for Hillary Clinton as Secretary of State, has withdrawn her name from the nomination process. It now seems likely that President Obama will pick Senator John Kerry for the role.
Energy Voices A123 sale to China: threat to US security?

The sale of advanced battery maker A123 to China's Wanxiang Group could recoup US taxpayer funds. But critics warn the threats to US security outweigh any benefits from the pending sale of A123.
'Fiscal cliff': Has Obama overdone the PR? (+video)

It's possible, especially to folks paying close attention to fiscal cliff negotiations. But with polls showing support for tax hikes on the wealthy, he appears to be leveraging public opinion effectively.
Obama remains firm, new poll shows support for position on 'fiscal cliff'

While insisting that tax rates go up on the top 2 percent of American earners, President Obama has called for government spending cuts but by less than the Republicans want.
Timothy Geithner, John Boehner edge toward the 'fiscal cliff'

With less than a month before the 'fiscal cliff' imposes automatic tax increases and spending cuts, Treasury Secretary Timothy Geithner and House Speaker John Boehner dueled rhetorically on the Sunday TV news programs.
Decoder Wire 'Fiscal cliff' proposal: Is Obama trying to peeve GOP?

President Obama's fiscal cliff plan calls for, among other things, $1.6 trillion in tax increases over 10 years. But what really appears to annoy Republicans is the lack of specificity on spending cuts.
'Fiscal cliff' road trip: Is Obama trying to paint GOP as Scrooge?

President Obama travels Friday to a toy factory in suburban Philadelphia, where he will say early agreement on keeping middle-class tax cuts would provide certainty for holiday shoppers. But after Thursday's blowup with the GOP on Capitol Hill, a deal seems far away.
Fiscal cliff talks stall. Will a deal get done by Christmas?

Fiscal cliff deadline is a month away, but Republicans and Democrats are blaming each other for the inability to get a deal done that would prevent automatic spending cuts. The uncertainlty over the fiscal cliff talks is already having a financial impact, sending the stock market on a roller coaster ride.
'Fiscal cliff' talks turn sour: Are prospects for deal vanishing?

House Speaker John Boehner charges that 'no substantive progress has been made' to avoid the Dec. 31 fiscal cliff, but such comments are a part of negotiating, an expert says.
Stocks rise and fall with twists in budget talks

Stocks rose modestly Thursday on hopes that a budget deal would be reached in Washington. Promising optimistic reports also sent stocks upward.
'Fiscal cliff' looms, White House and Congress continue discussions

Obama and Boehner's 15-minute phone call came amid increasing anxiety that the White House and top Republicans are wasting time.
Robert Reich Will Timothy Geithner lead us over or around the fiscal cliff?

Timothy Geithner sees the world through the eyes of Wall Street rather than Main Street, Reich writes, which complicates fiscal cliff negotiations.
Stop the presses! A tally of newspaper endorsements for president

Mitt Romney and Barack Obama are beginning to collect endorsements from major US newspapers. Some are full-throated, others tentative. In metropolitan areas, they could make a difference in the race.
As global economy slows, Chinese factory shifts sights from Europe to home

China's economy has slowed dramatically, as factories produce less – and buy less from the world. At the Kaiyee factory, workers who churned out toys for overseas kids now stitch scarves for Chinese.
Briefing
Obama vs. Romney 101: 3 ways they differ on regulation

Wall Street is a big target – blamed for the financial crisis that led to the Great Recession. Mitt Romney says efforts to rein in financiers via more regulation are an attack on “economic freedom.” President Obama says new regulations would make it “more profitable to play by the rules than to game the system.” Here are three specifics on which the two differ.