TIMOTHY GEITHNER

Geithner Media Tour Unlikely To Silence LIBOR Critics

Treasury Secretary Timothy Geithner
U.S. Treasury Secretary Timothy Geithner appeared on a CNBC-sponsored conference Wednesday morning toeing the government's party that the New York Fed is not to blame for helping keep the evolving LIBOR rate-fixing scandal under wraps, even though they knew it was going on since at least 2007.

Monti urges political backing in euro crisis

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Technocrat Prime Minister Mario Monti appealed to Italy's politicians on Wednesday to back his tough economic medicine to avoid Rome becoming the next victim of the euro debt crisis, after a bailout for Spain's banks failed to calm markets.
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Erskine Bowles Not Interested in Treasury Post

Former White House chief of staff Erskine Bowles, whose name has surfaced as a potential successor to U.S. Treasury Secretary Timothy Geithner, said Sunday he does not want the job and has not been asked by Democratic President Barack Obama.
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People walk past the U.S. embassy in Beijing April 28, 2012.

U.S.-China Dialogue Won't Be Delayed By The Chen Affair: Report

U.S. Secretary of State Hillary Clinton and Treasury Secretary Timothy Geithner are not planning to postpone their visit to China next week because of the reported American protection of a Chinese civil-rights activist who recently escaped house arrest, a State Department official said Saturday.
File photo of a Chinese 100 yuan banknote being placed under a $100 banknote in this photo illustration taken in Beijing

China Sets Record High Ceiling For Yuan

China's central bank expanded the yuan's reference rate against the dollar to another record high on Friday, in a nod to calls from the U.S. to loosen growth restrictions on the currency's value.
Social Security and Medicare

Social Security, Medicare Funds Running Out Faster: US

Social Security and Medicare programs are sliding closer to insolvency, the federal government warned Monday. The Social Security trust fund will be unable under current trends to fulfill its obligations in 2033, three years earlier than projected last year
US Treasury Secretary Tim Geithner

Retrospective Tax Law: US Seeks Reassurance From India

US Treasury Secretary Timothy Geithner pressed India’s Finance Minister Pranab Mukherjee on Thursday for reassurance that New Delhi welcomes foreign capital and remains committed to boosting bilateral trade and investment, following concerns connected to India's newly proposed retrospective tax measures.
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Wall Street Set To Pause; Fed Minutes Eyed

Stocks were set to take a breather on Tuesday after the S&P 500 climbed to a 4-year high and ahead of factory orders data and minutes of the latest Federal Reserve meeting.
US UK

US, UK Agree To Emergency Oil Release

Britain has decided to cooperate with the United States in a bilateral agreement to release strategic oil stocks, two British sources said, in an effort to prevent high fuel prices from derailing economic growth in an election year.
G20 and Europe

G-20 to Europe: Show Us the Money

Leading economies told Europe it must put up extra money to fight its debt crisis if it wants more help from the rest of the world, piling pressure on Germany to drop its opposition to a bigger European bailout fund.
U.S. Treasury Secretary Timothy Geithner (C) arrives at a meeting of Group of 20 finance ministers and central bankers in Mexico City February 25, 2012.

G-20 Inches Toward $2 Trillion in Rescue Funds for Euro Zone

Germany is easing its opposition to a bigger European bailout fund, officials said, smoothing the way for the world's leading economies to secure nearly $2 trillion in firepower to prevent more fallout from the euro-zone's sovereign-debt crisis.
Secretary-General of the Organization for Economic Cooperation and Development (OECD) Angel Gurria (L) speaks next to Mexican Finance Minister Jose Antonio Meade, on the sidelines of the meeting of finance ministers and central bank governors of the group

G-20 Deal on Euro Zone Will Not be Reached This Weekend

World economic powers at a Group of 20 gathering in Mexico City told Europe on Friday it would have to do more to fight its financial crisis before they agree to provide backup in the form of a bigger International Monetary Fund war chest.

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