The biggest threat to the U.S. economy is Europe, Treasury Secretary Tim Geithner said Wednesday.
Treasury Secretary Timothy Geithner said Wednesday in France that he has faith in the ability of European leaders to solve their debt crisis.
The Obama Administration is renewing its push for the Senate to confirm a director to run the Consumer Financial Protection Bureau.
Treasury Secretary Timothy Geithner says Republicans in Congress don't have a plan to create jobs -- a statement Republicans in Congress dispute.
Treasury Secretary Tim Geithner on Tuesday joined a chorus of Democratic officials hitting back at bank fees, saying the administration "will prevail" in the battle over banking reforms.
Treasury Secretary Timothy Geithner is attending a meeting of finance ministers in Poland on Friday amid growing concern over the worsening debt crisis in the eurozone.
updated: Sun Jul 24 2011 23:06:00
Treasury Secretary Tim Geithner says that President Obama and House Speaker John Boehner are still talking.
Lawmakers rushed Sunday to find a solution to the debt ceiling debate that would provide some measure of certainty for financial markets, even as both sides continued to spar in public.
Congress must reach a deal now to raise the federal debt ceiling through 2012 because "you don't want politics messing around with America's faith and credit," Treasury Secretary Tim Geithner told CNN on Sunday.
Treasury Secretary Tim Geithner said Tuesday that he wants a deal to raise the debt ceiling and cut the budget by the end of this week -- or next week at the latest -- to give Congress enough time to turn the deal into law.
Timothy Geithner said Thursday that he plans to stay on as Treasury Secretary for the foreseeable future. But that hasn't stopped speculation about who might take his place later this year.
Tim Geithner is considering leaving his post as Secretary of the Treasury after a deal to raise the debt ceiling is reached, a source familiar with the discussion told CNN Thursday.
Treasury Secretary Tim Geithner called out Wall Street and lawmakers on Monday for trying to undermine last year's landmark financial reform law.
Now is the time to figure out how to rein in deficits, but even if lawmakers can't come to an agreement by early August, they will need to raise the debt ceiling, Treasury Secretary Tim Geithner said Tuesday evening.
The fallout from lawmakers' delay on the debt ceiling is getting real.
Some Republican lawmakers are challenging Treasury Secretary Tim Geithner's warnings about the grave consequences of not raising the country's debt ceiling.
Treasury Secretary Tim Geithner once again criticized China for keeping its currency artificially low. But he also extended an olive branch that could allow China's yuan to become even more influential in global trade.
Treasury Secretary Tim Geithner told lawmakers Thursday that the U.S. and other nations are prepared to tap back-up oil reserves if Libya unrest continues and severely disrupts oil supplies.
Treasury Secretary Tim Geithner offered an optimistic outlook for the economy Wednesday, although he acknowledged that the job market will take time to recover.
U.S. stocks were set to open lower Wednesday, as investors awaited U.S. Treasury secretary Tim Geithner's comments on the economy and jobs, and Federal Reserve chairman Ben Bernanke's House testimony about the deficit.
Commentary: Donald Marron is the director of the Urban-Brookings Tax Policy Center and a former acting director of the Congressional Budget Office.
Treasury Secretary Timothy Geithner said China's undervalued currency and dependence on exports must be addressed, both for the sake of the Chinese and global economy.
Treasury Secretary Tim Geithner outlined the benefits of the government's bailout of the financial system Thursday, saying that the overall cost will be a "fraction" of the original estimate.
Treasury Secretary Tim Geithner was admitted to a hospital Friday to undergo a "minor" surgical procedure, according to the Treasury Department.
Treasury Secretary Timothy Geithner -- in remarks that appeared aimed toward China -- took a sharper tone on the issue of currency Wednesday, saying global economic growth could be at risk unless developing nations are more flexible about undervalued currencies.
Treasury Secretary Tim Geithner made a case Wednesday for letting tax cuts for the wealthiest Americans lapse as a step toward getting the nation's fiscal house in order.
The Obama administration will push for letting tax cuts for wealthy Americans expire while extending them for the rest of the nation, Treasury Secretary Tim Geithner said.
Treasury Secretary Tim Geithner defended the government's bailout of the financial system on Tuesday, saying it has been a "critical" part of the economic recovery and will ultimately cost less than expected.
Henry Paulson and Timothy Geithner, two key players in the government's bailout of the financial system, said Thursday that steps should be taken to shed light on the darker corners of Wall Street in order to prevent another crisis from happening.
Treasury Secretary Tim Geithner told lawmakers Tuesday that a proposed bank fee could help stabilize the financial system and recoup bailout costs by targeting banks that engage in more risky behavior.
The cost of the government's controversial bailout of the financial system could amount to less than a third of what the Obama administration originally expected, Treasury Secretary Timothy Geithner said in a letter to Congress Friday.
Treasury Secretary Timothy Geithner will meet with a top Chinese official this week, possibly opening the door to a discussion over the value of China's currency.
Treasury Secretary Tim Geithner said he expects the unemployment rate to remain "unacceptably high" for a long time, even as the economy recovers and job growth slowly resumes.
In what may be the bluntest assessment by a high-ranking White House official of China's exchange rate policy, Treasury Secretary Tim Geithner said Wednesday that China's undervalued currency makes the nation dependent on U.S. monetary policy.
A long-awaited renovation of mortgage companies Fannie Mae and Freddie Mac could start to take shape this year, Treasury Secretary Tim Geithner told Congress Tuesday.
Treasury Secretary Timothy Geithner told lawmakers Wednesday that he had no involvement in an apparent attempt by government regulators to withhold crucial information about AIG's bailout from the public.
A day after facing furious lawmakers on Capitol Hill, Treasury Secretary Tim Geithner told CNN on Thursday that he would forever "carry the burden" of the decision to bail out AIG but defended it as the government's only option.
The shelf life for a Treasury secretary is often pretty short. Timothy Geithner may be nearing his expiration date.
The AIG bailout isn't going away, much as Treasury Secretary Tim Geithner might like it to.
Treasury Secretary Tim Geithner said on Thursday that he had no choice but to pay top dollar to business partners of troubled insurer AIG to avert a deeper financial panic last year.
The controversial $700 billion federal bailout program will be extended through Oct. 3, 2010, Treasury Secretary Tim Geithner said Wednesday.
Despite recent calls for him to resign coming from both the right and the left, Treasury Secretary Tim Geithner isn't likely to lose his job.
One day after Goldman Sachs' CEO apologized for his bank's role in the financial meltdown, Treasury Secretary Tim Geithner called on the nation's financiers to step up and do more to fix the damage they helped cause.
Economic growth and job creation remain the government's top priority, despite a federal deficit that is "too high," Treasury Secretary Timothy Geithner said in an interview broadcast Sunday.
Treasury Secretary Timothy Geithner said Tuesday he expects a wave of banks to return government bailout money to taxpayers soon.
In the thick of the crisis a year ago, Treasury Secretary Tim Geithner played a key role as chief of the New York Fed. Fortune managing editor Andy Serwer, Washington editor Nina Easton, and senior editor at large Allan Sloan interviewed Geithner recently over breakfast at the Treasury. Edited excerpts:
Treasury Secretary Tim Geithner is struggling to unload his million-dollar manse located in a posh New York City suburb. And like so many other Americans, he'll probably lose money on it when he does.
The White House shot down concerns Monday that middle-class families may face a tax increase in order to combat rising deficits and a struggling economy.
The U.S. economy is no longer on the edge of collapse, but Americans face tough choices in reducing the national deficit, Treasury Secretary Timothy Geithner said Sunday.
The Obama Administration has given itself two months to tell Congress what new legislation is needed to control over-the-counter derivatives, and testimony by Secretary of the Treasury Timothy Geithner late last week indicated how incredibly difficult the job of writing a law is going to be.
Treasury Secretary Timothy Geithner testified before lawmakers Thursday, defending a sweeping set of proposals put forth just a day earlier by President Obama aimed at overhauling the nation's financial system.
The stock market's rally serves as "broad validation" of the Obama administration's financial rescue efforts, Treasury Secretary Tim Geithner said Monday.
Don't expect TARP-free banks to unleash a torrent of loans to cash-strapped consumers.
When the Treasury Secretary met with leaders in Beijing to offer assurances that the U.S. can repay its debts, he received a somewhat sympathetic ear.
Government debt prices traded in a tight range Tuesday ahead of the Federal Reserve's next two purchase operations.
Treasury Secretary Tim Geithner is set to meet with several high-ranking members of the Chinese leadership this week, marking the Obama administration's first major overture to the powerhouse nation.
Some lawmakers are questioning whether the Treasury Department has the power to recycle returned bailout dollars to fund new or expanded rescues for auto companies, life insurers and small banks.
Banks that underwent stress tests earlier this month have set out raise $56 billion to plug holes in their books caused by big losses, Treasury Secretary Tim Geithner told a Senate panel on Wednesday.
Treasury Secretary Tim Geithner set plans Wednesday to rein in the wild and wooly derivatives markets.
With bank stress tests out of the way, the Obama administration has turned its focus to reshaping how the government oversees financial institutions and could potentially push to consolidate regulators.
Wall Street was set for a higher open Thursday after Treasury Secretary Tim Geithner offered reassuring comments about U.S. banks and the government reported a 3-month low in jobless claims.
Treasury Secretary Tim Geithner said Thursday the stress tests of the nation's biggest financial services companies will help bring capital into the financial system by lifting the "fog of uncertainty" over the banking sector.
The severe decay in the global economy is easing but serious problems still loom, Treasury Secretary Tim Geithner said Friday.
Stocks abandoned gains Wednesday, with the Dow ending a choppy session lower, as investors pled exhaustion after the recent six-week advance.
Treasury Secretary Tim Geithner, speaking Wednesday ahead of a meeting of international finance officials, said economies around the world need to work together to lay the ground work for a sound future.
Treasurys fell Tuesday, giving back earlier gains, as investors chased higher returns in the stock market.
A bailout oversight committee on Tuesday asked Treasury Secretary Tim Geithner to explain the agency's handling of the controversial $700 billion bailout program.
Treasury Secretary Tim Geithner will host a meeting of international finance ministers next week, the Treasury Department said Monday.
In the wake of an Obama administration program to rescue troubled homeowners, several federal agencies are teaming up to fight mortgage and foreclosure scams, Treasury Secretary Tim Geithner said Monday.
updated: Fri Apr 03 2009 08:42:00
CNN's Anderson Cooper talks with Treasury Secretary Timothy Geithner about the G-20 summit.
CNN's Anderson Cooper spoke Thursday with Treasury Secretary Timothy Geithner at the G-20 economic summit in London, England.
Where Tim Geithner sees a confluence of public and private interests, some people see a torrent of potential abuse.
The House of Representatives voted Wednesday to give the Treasury Department the power to ban future "unreasonable and excessive" compensation at companies receiving federal bailout money.
The House of Representatives voted Wednesday to give the Treasury Department the power to ban future "unreasonable and excessive" compensation at companies receiving federal bailout money.
The Treasury Secretary of the United States always makes his mark on the economy: you can see his signature on the bottom corner of every dollar bill.
Treasury Secretary Tim Geithner called for new rules Thursday that would allow regulators to police the darkest corners of the financial markets, including big hedge funds and derivatives trading.
Wall Street moved higher Thursday morning, as investors welcomed better-than-expected earnings from Best Buy and looked to Washington, where Treasury Secretary Tim Geithner was speaking on regulatory reform.
Treasury Secretary Tim Geithner returns to Capitol Hill on Thursday and is expected to reveal a much anticipated list of Obama administration priorities for preventing future financial collapses.
The dollar was mixed against major currencies at the end of a day of choppy trade punctuated by comments from the Treasury secretary of the United States.
Treasury Secretary Tim Geithner said Wednesday that increased regulation of financial institutions is a critical component of the nation's recovery.
Treasury Secretary Tim Geithner proposed tough new rules Tuesday, saying they could prevent another AIG debacle.
The officials managing the bailout of AIG, facing an onslaught of questions from angry lawmakers Tuesday, said the government had no choice but to effectively seize control of the troubled insurer last September and asked for more power to prevent a similar collapse in the future.
As Treasury Secretary Timothy Geithner's reputation rose from the ash heap on Wall Street yesterday, he also made headway with harsh critics in his other important audience - Congress. "This could be the beginning of a very constructive improvement in capital flows," Georgia Senator Johnny Isakson told Fortune.
updated: Tue Mar 24 2009 09:53:00
White House press secretary Robert Gibbs previews President Obama's prime time news conference
Treasury Secretary Tim Geithner will push for unprecedented new regulatory powers on Tuesday to seize financial institutions whose failure would pose serious risks to the U.S. financial system, according to two senior administration officials.
Remember that $700 billion financial sector rescue plan from October? It's all but spoken for.
updated: Tue Mar 24 2009 04:19:00
Colin Barr joins CNN.com's Melissa Long to discuss the Treasury Department's toxic asset plan.
Slouching alone at the head table before a room of business reporters today, Treasury Secretary Tim Geithner looked like an overgrown prep school student facing the expulsion board. It wasn't what he said, but his demeanor as he said it.
updated: Mon Mar 23 2009 21:03:00
White House Press Secretary Robert Gibbs says the big-asset plan "balances public and private risks."
If Treasury Secretary Tim Geithner is hoping to find strong bipartisan congressional support for his long-awaited troubled-asset bank relief plan, it appears he'll need to keep looking.
Investors have embraced Tim Geithner's toxic asset plan. The question now is whether the banks will go along too.
Tim Geithner went from zero to hero in a matter of just a few days.
Oil prices rose Monday to a nearly 4-month high after Treasury Secretary Timothy Geithner unveiled the details of a government plan to buy up banks' bad assets.
The next week -- the last full week in the quarter -- promises to be a critical one for investors looking for reasons to either resurrect the stalled rally or retreat even further.
Treasury Secretary Tim Geithner sat alone at the witness table answering questions and getting an earful from a panel of senators.
Treasury Secretary Timothy Geithner says he didn't know "the full scale" of AIG's retention bonuses until March 10, but it wasn't because anybody was trying to keep the $165 million payments secret.
updated: Fri Mar 20 2009 22:11:00
Treasury Secretary Timothy Geithner takes the blame for the bonus oversight and says he's working to get the money back.
Arrogance. Incompetence. Greed.
Treasury Secretary Tim Geithner told CNN Thursday that his department, concerned that language about bonuses would not hold up to a court challenge, asked Sen. Chris Dodd to include an executive pay provision in the stimulus bill. The loophole allowed bailed-out insurance giant American International Group to pay out $165 million in bonuses.
Treasury Secretary Timothy Geithner confirmed Thursday that the department did talk to Sen. Chris Dodd about a clause he put forth in the stimulus legislation that would have strictly limited executive bonuses.
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