News Source: Chicago Tribune
| 27 days ago
Despite the nation's worries about a sharp slow-down in consumer spending, U.S. Treasury Secretary Timothy Geithner almost seems to welcome the new frugal behavior practiced by many Americans. "I look at saving as encouraging," he said before an...
News Source: Washington Post
| 27 days ago
The Obama administration on Thursday ran into skepticism from lawmakers on both sides of the aisle, as well as a key regulator, as it pushed for broad new powers to monitor risks throughout the financial system and to wind down large, troubled...
News Source: United Press International
| 27 days ago
Top U.S. regulators clashed in Washington in separate testimony on the same day concerning a major Treasury Department initiative to reshape future bailouts. Addressing the House Financial Services Committee just hours apart, Treasury Secretary...
News Source: Truthdig
| 27 days ago
I recall that September day like it was yesterday—the explosion so stunning, so memorable. It wasn’t 9/11/01, it was 9/29/08—a moment when a rare blast of populist democracy briefly singed the economic terrorists who hold the Capitol hostage.
News Source: International Business Times
| 28 days ago
The U.S. economy's return to growth during the third quarter shows stability has been regained but recovery is fragile and needs nurturing, Treasury Secretary Timothy Geithner said on Thursday. The government estimated that gross domestic product...
News Source: Asian Wall Street Journal
| 28 days ago
Treasury Secretary Timothy Geithner said Thursday that his proposal to overhaul banking rules would give the government the ability to order even healthy companies to "shrink and separate" if their size or scope threatened the broader economy. His...