Sun, Mar 29th, 2009 | Business |

* IADB urged to increase capital by $150 bln-$180 bln * Bank's loan requests seen way above $20 billion in 2009 * US backs review to hike bank capital-Geithner (Recasts with comments from Geithner) MEDELLIN, Colombia, March 29 (Reuters) - The Inter-AmericanDevelopment Bank ...Read More

UPDATE 4-Geithner, under fire, defends AIG bailout

Thu, Nov 19th, 2009 | Business |

* Geithner pushes for single regulator for largest firms * Regulatory reform bills work through House, Senate * Senator Shelby wants 'complete rewrite' of Senate bill * Schumer, Graham push for investigation on China's yuan (Adds Schumer, Graham seeking probe on China's currency) WASHINGTON, ...Read More

UPDATE 1-Geithner stresses strong dollar's global role

Thu, Nov 12th, 2009 | Business |

* Tells Asia strong dollar important to U.S. * Repeats U.S. consumers can't fuel budding recovery * No comment on whether U.S. sees China forex shift (Recasts lead, adds quotes, comments on China currency) SINGAPORE, Nov 12 (Reuters) - U.S. Treasury SecretaryTimothy Geithner ...Read More

UPDATE 2-Geithner: wants strong dollar, will tackle deficit

Wed, Nov 11th, 2009 | Business |

* Geithner 'deeply' believes in need for strong dollar * U.S. aware of need to keep investors' confidence * Geithner repeats intends to wrestle budget deficit down (Adds quotes, background, byline) TOKYO, Nov 11 (Reuters) - U.S. Treasury Secretary TimothyGeithner said on Wednesday ...Read More

German Finance Min: To Talk With Geithner About Opel At G20

Thu, Nov 5th, 2009 | Business, Top Stories |

BERLIN -(Dow Jones)- German Finance Minister Wolfgang Schaeuble said Thursdayhe would address the issue of Opel when meeting with U.S. Treasury SecretaryTimothy Geithner on the sidelines of a meeting of Group of 20 officials in StAndrews, Scotland. His comments come after ...Read More

us bank regulators: Key firms can't be a secret

Thu, Oct 29th, 2009 | Business |

* Bank regulators say systemic firm list will be public * Geithner says won't publish list, cites moral hazard * Geithner concedes market will figure out systemic firms WASHINGTON, Oct 29 (Reuters) - U.S. regulators on Thursdayscoffed at the administration's plan to not ...Read More

Homebuyer Tax Credit Measure Backed by Administration

Thu, Oct 29th, 2009 | Business, Most Viewed |

Homebuyer Tax Credit Measure Backed by Administration Oct. 29 (Bloomberg) -- The Obama administration endorsedplans to extend an $8,000 tax credit for first-time homebuyers,saying it is helping stabilize the nation’s housing market. The tax break, enacted earlier this year as part of the$787 billion economic stimulus package, has ...Read More

FDIC, Geithner clash on financial failure fund

Thu, Oct 29th, 2009 | Business |

WASHINGTON (Reuters) - A top U.S. bank regulator said on Thursday a government mechanism to dismantle troubled giant financial companies should be pre-funded, a departure from the administration's draft legislation on the subject. Sheila Bair, chairman of the Federal Deposit Insurance ...Read More

Geithner urges consumer watchdog, open to changes

Wed, Sep 23rd, 2009 | Top Stories, U.S. |

WASHINGTON, Sept 23 (Reuters) - U.S. Treasury SecretaryTimothy Geithner argued forcefully on Wednesday for creating agovernment agency to protect financial consumers, while givingcautious support to paring back its scope. Amid stiff resistance by banks and Republicans to theproposed Consumer Financial Protection ...Read More

Geithner to Press Congress on Wall Street Reform

Wed, Sep 23rd, 2009 | Top Stories, U.S. |

Treasury Secretary Timothy F. Geithner is expected to tell lawmakers that "time is the enemy of reform" when he appears Wednesday morning to testify before the House Financial Services Committee on the Obama administration's proposed overhaul of the nation's financial ...Read More

US' Geithner: Obama can keep pledges on taxes

Tue, Sep 15th, 2009 | Business, U.S. |

WASHINGTON, Sept 15 (Reuters) - President Barack Obama canreturn the United States to a sustainable budget situationwithout breaking his pledge to not raise taxes on Americansmaking less than $250,000, U.S. Treasury Secretary TimothyGeithner said on Tuesday. "We can get our fiscal ...Read More

Blast during Colombian soccer celebration kills 1

Sun, Sep 6th, 2009 | World |

BOGOTA—Police in Colombia say a grenade exploded in a crowd celebrating a national soccer team win, killing one person and wounding at least 30. Antioquia state police commander Col. Luis Eduardo Martinez says three of the wounded are in serious condition. ...Read More

US's Geithner says confident can deal with CIT

Mon, Jul 13th, 2009 | Business |

LONDON, July 13 (Reuters) - U.S. Treasury Secretary TimothyGeithner said on Monday he was confident the government would beable to deal with ailing financial company CIT Group Inc.(CIT.N)."I am actually pretty confident in that context that we havethe authority and ...Read More

Global Finance Chiefs Cite Signs of Stability

Sat, Jun 13th, 2009 | Business |

Financial chiefs from the Group of Eight industrialized nations yesterday offered their most optimistic assessment yet of the global crisis, noting encouraging signs of economic stabilization and calling for an "exit strategy" from the policies that have been used to ...Read More

California faces fresh problems funding huge deficit

Thu, May 21st, 2009 | Top Stories, U.S. |

SAN FRANCISCO, May 21 (Reuters) - California's struggle tofund its budget deficit faced fresh problems on Thursday, afterU.S. Treasury Secretary Geithner refused to use bank bailoutmoney to help state finances, and the state's fiscal watchdogobjected to a plan to sell ...Read More

55000 homeowners get mortgage help

Thu, May 14th, 2009 | Business |

NEW YORK (CNNMoney.com) -- More than 55,000 troubled homeowners have received loan modification offers under President Obama's foreclosure prevention program, officials said Thursday. Administration officials also announced it was expanding the program to assist delinquent borrowers who do not qualify for ...Read More

Bank 'stress test' results hint at economic recovery

Fri, May 8th, 2009 | Business |

Reporting from Los Angeles and Washington -- The nation's biggest banks are regaining their health, but some need to replenish their coffers to withstand any new difficulties, the government said in an upbeat report Thursday. The Federal Reserve's highly anticipated "stress ...Read More

Obama Targets Overseas Tax Dodge

Mon, May 4th, 2009 | Most Viewed, Top Stories, U.S. |

President Obama yesterday announced a major offensive against businesses and wealthy individuals who avoid U.S. taxes by parking cash overseas, a battle he said would be fought with new tax laws, new reporting requirements and an army of 800 new ...Read More

Michael de Portu: Open Letter to Secretary of the Treasury Timothy F. Geithner

Mon, May 4th, 2009 | Business |

After 100 or so days of your secretaryship, many pundits and a small number of government officials are pointing to hopeful signs that the worst may be over - or, at least, that the rate of deterioration in such measures ...Read More

Huffington Post: Obama's First 100 Days Report Card: HuffPost Bloggers Give Their Grades

Tue, Apr 28th, 2009 | Business, Politics |

Arianna Huffington: Obama's First 100 Days: The Good, The Bad, and the Geithner: In his appointments at almost every agency, Obama has demonstrated a desire to receive a wide range of opinion. But at Treasury, the range of opinion goes all ...Read More

Arianna Huffington: Obama's First 100 Days: The Good, The Bad, and the Geithner

Mon, Apr 27th, 2009 | Business, Politics |

Has it been only 100 days since Barack Obama took the oath of office? Actually, it's only been 98, but sometimes 100 days feels like more than 100 days. This is one of those times. Obama's first 100 days have ...Read More