Tim Geithner

U.S. Treasury Secretary Tim Geithner is making some comments regarding China, and the Federal Reserve. He opposes narrowing Fed's dual mandate. Geithner is saying that the government must keep politics out of Federal Reserve policy. He is also saying that China should quicken the pace of yuan rise.

U.S. Treasury Secretary Tim Geithner and European Commissioner Michel Barnier met today and reaffirmed their strong determination to continue cooperating closely in strengthening the global financial system and in promoting and putting in place the G-20 financial reform agenda. They reiterated the...

Treasury Secretary Tim Geithner today swore in Charles Blahous and Robert Reischauer as the Public Trustees for the Social Security and Medicare Trust Funds. Blahous and Reischauer were nominated by President Obama in September 2009 to fill the positions, which had been vacant since December 2007...

  By Phil at Phil's Stock World "Do as I say, not as I do - or say…" That's the word from US Treasury Secretary Tim Geithner as he seems to forget that people follow him around with notepads and microphones as he begins the game of "Survivor - Global Currencies" although Tim seems to be...

  By Phil at Phil's Stock World   Strong dollar?  Hahahahahahahahahahahaha.... That is was the answer to a question I had this summer when I met with an unnamed Treasury official whose name might rhyme with Jimothy.  The unnamed official nearly fell off his chair...

Today, Treasury Secretary Tim Geithner, in his capacity as chairperson of the Financial Stability Oversight Council, announced that the Council will hold its first meeting on October 1, 2010 at the U.S. Treasury Department. The Dodd-Frank Wall Street Reform and Consumer Protection Act, which...

Treasury Secretary Tim Geithner made a weak defense for why the Administration had not named China as a “currency manipulator” when he testified before the House of Representatives Ways and Means Committee last April. He must have been aware of the hearings the day before in which some members of...

Treasury Secretary Timothy F. Geithner said Thursday that China needs to allow a "significant, sustained" appreciation in the Yuan. "The pace of appreciation has been too slow and the extent of appreciation too limited," Geithner said in testimony at a Senate Banking Committee hearing. "We are...

CNBC reported Wednesday that U.S. Treasury Secretary Timothy Geithner said he blames the huge fiscal deficits that have accrued over the past decade on the Bush administration’s "misguided'' tax policies. In prepared remarks for an upcoming conference sponsored by The Center for American Progress...

European markets are now closed. Stock markets across Europe performed as follows: The U.K. FTSE lost 2.3%. The German DAX lost 2.1%. The French CAC lost 2.8%. The Spanish IBEX lost 3.1%. The Portuguese PSI lost 2.9%. On a related note, CNBC is reporting that Tim Geithner will urge European...