Topic: Timothy Geithner

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In Pictures: Who's who in the US debt crisis
Out of options in debt ceiling talks? Nope, here are five.

How many ways are there to resolve the debt ceiling crisis? Frustration is mounting in both political parties as an Aug. 2 deadline looms to avoid default on America's debt obligations and deficit-reduction negotiations are gridlocked. Still, at least five options for handling the matter have been discussed in recent days and months. Other possible solutions may emerge, but here’s the state of play on the options to date.
In Pictures: Obama's West Wing
National debt ceiling 101: Is a crisis looming?

In a year of high drama over federal budgets, the nation’s so-called national debt ceiling is becoming a prominent part of the political debate. The Treasury is close to hitting this borrowing limit, yet many in Congress say the ceiling shouldn’t be raised without new commitments to put America on a path of fiscal prudence. Here’s a guide to how the ceiling works and what’s at stake for the economy.
Photos of the Day: Photos of the day 03/08

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Key Republican lawmaker questions JP Morgan loss

The chairperson of the House Financial Services subcommittee, Shelley Moore Capito, discussed the loss during hearings.
Decoder Wire
Is Washington careening toward another debt limit crisis?

Another showdown appears to be brewing over the national debt limit – and under what conditions Congress will raise it next time. But something big will happen between now and then that may prevent it.
JP Morgan chief apologizes for $2 billion loss

Jamie Dimon, the CEO of the bank, told shareholders that the loss should have never happened.
Boehner draws line in sand on debt ceiling

The Speaker of the House says any raise in the debt ceiling must be accompanied by steep cuts.
Decoder Wire
Democrats return fire after John Boehner's opening debt-ceiling salvo (+video)

Democrats charge that John Boehner's renewed call for spending cuts as a condition to raise the debt ceiling is 'dangerous,' recalling the standoff last summer that drove consumer confidence – and Congress's approval rating – sharply down.
JPMorgan Chase's Dimon survives pay, chairmanship votes (+video)

JPMorgan Chase shareholders voted Tuesday at the bank's annual meeting to keep CEO Jamie Dimon in his role as chairman of the board, in addition to his pay package.
Tax VOX
Will Obama's views on tax reform 'evolve' too?

Will Obama's public support of marriage equality spill over to financial matters?
China's deal for Chen Guangcheng: latest signal of desire for better US ties

China’s deal to allow blind dissident lawyer Chen Guangcheng to exit the country to study in the US, the Bo Xiliai purge, successful bilateral talks with the US, and other developments indicate that Beijing may be committed to some reforms – and warming relations with Washington.
Chen's victory an isolated case, say Chinese activists

If China allows activist Chen Guangcheng to leave with his family, it will be an individual victory unlikely to usher in better treatment for other dissidents.
Blind Chinese activist now wants to leave country

Chen Guangcheng left the US embassy after a tense negotiation with the Chinese government, but he now says he fears for his family's safety if he remains in China.
China activist Chen Guangchen: 'I'm free. I've received clear assurances'

A blind Chinese legal activist who was at the center of a diplomatic tussle between Washington and Beijing left the US Embassy Wednesday to receive medical care in Beijing and be reunited with this family.
Clinton arrives in Beijing, but blind lawyer's case casts shadow

Human rights lawyer Chen Guangcheng escaped from house arrest and is presently being sheltered in the US embassy; his status is sure to impact Secretary Clinton's arrival for high-level talks.
Private Empire

Pulitzer Prize-winner Steve Coll takes a close look at secretive behemoth that is Exxon Mobil.
Chinese dissident – bad timing for Washington, Beijing

Chinese dissident Chen's escape is inopportune. President Obama is in a tough election battle. China faces a leadership change. Washington's angst over how to protect Chen without infuriating Beijing is matched by Beijing's desire to silence him without incurring world disdain.
Can US contain flap over dissident, before Hillary Clinton gets to China? (+video)

Secretary of State Hillary Clinton and a high-level entourage are set to arrive in Beijing Thursday for economic and security talks with China. The US custody of Chinese dissident Chen Guangchen jeopardizes that meeting, but some analysts say it's likely to proceed regardless.
Will China punish the family of blind Chinese activist?

The European Union tells China to use 'utmost restraint' in responding to the escape of blind dissident Chen Guangcheng. Top British diplomat urges China not to harass Chen Guangcheng's wife and daughter.
Escaped dissident ruffles US-China relations ahead of Clinton visit

The US rushes a top diplomat to Beijing to work out tensions over dissident Chen Guangcheng and a possible US arms sale to Taiwan.
Social Security fund: Cash gone in 2033

Social Security fund will run out three years earlier than earlier projections due to boomer retirements, weak economy. If Social Security fund runs out, retirees will get 75 percent of promised benefits.
Orrin Hatch close call in Utah: Tea party rising?

Sen. Orrin Hatch is favored to win reelection, but first he faces a primary election against tea party favorite Dan Liljenquist. Can Hatch avoid the fate of former Utah Sen. Bob Bennett, ousted in 2010 by the tea party?
CitiGroup shareholder revolt: golden-rule capitalism

A shareholder revolt at banking giant CitiGroup that rejected a pay package for top executives marks a chance for a healthier relationship between investors and managers. It might also reduce the nation's income inequality.
Jim Yong Kim selected as new World Bank president

Jim Yong Kim, currently the president of Dartmouth College, beat out two other candidates to take over the World Bank, beginning this summer.
Mitt Romney, President Obama woo women (politically speaking)

President Obama enjoys a clear gender gap in key swing states, especially among younger women. Romney is fighting back with an emphasis on how women are doing economically.
Tax-cut duel: After Romney, Obama lays out his plan

President Obama unveiled a plan to cut corporate tax rates to 28 percent – almost as much as a Mitt Romney proposal today. Did Obama just remove tax cuts from the GOP campaign arsenal?
Retirement savings plan: more transparency, more choice?

Retirement savings plan – the 401(k) – would give clearer guidance on fees and offer retirees more options, according to new proposed rules. One proposal would allow part of a retirement savings plan to convert to an annuity.
Robert Reich
The biggest risk to the economy in 2012

Forget the European debt crisis. Widening economic inequality is worsening here at home, and little is being done to stop it.