Former U.S. Treasury Secretary Timothy Geithner, who played a central role in the government’s response to the financial crisis of 2008-2009, is joining private equity firm Warburg Pincus LLC. The firm announced Saturday that Geithner […]
NEW YORK (AP) — U.S. Sen. Elizabeth Warren, a favorite among liberals for her forceful advocacy for consumers and criticisms of the financial industry, has a book deal. The Massachusetts Democrat has an agreement with […]
WASHINGTON (AP) — Outgoing Treasury Secretary Timothy Geithner thinks the U.S. economy will strengthen this year — as long as Congress avoids cutting spending too deeply in a budget deal and Europe’s economy gradually improves.
WASHINGTON (AP) — President Barack Obama nominated White House chief of staff Jack Lew to be secretary of the Treasury Thursday, declaring his complete trust in an aide with three decades of Washington experience.
WASHINGTON (AP) – Obama is expected to nominate Jack Lew as early as Thursday, continuing to put a second-term imprint on his Cabinet by choosing yet another close ally for a key government post.
FALLS CHURCH, Va. (AP) – President Barack Obama, trying to put a personal touch on “fiscal cliff” negotiations, visited a northern Virginia family’s basement apartment to press his hardline on tax rate increases for the wealthy.
WASHINGTON (AP) — House Speaker John Boehner says he was “flabbergasted” when Treasury Secretary Tim Geithner pitched the White House plan to save the nation from the “fiscal cliff.”
WASHINGTON (AP) — President Barack Obama is ready to entertain Republican proposals for spending cuts, but GOP lawmakers must first commit to higher tax rates on the rich and specify what additional spending cuts they want in a deal to avoid the looming “fiscal cliff,” Treasury Secretary Timothy Geithner said.
After meeting with Treasury Secretary Tim Geithner, House Speaker John Boehner says Democrats still haven’t recommended cuts to government benefit programs as part of a deal to avoid the so-called fiscal cliff.
An administration official says two of President Barack Obama’s top negotiators on the “fiscal cliff” will meet separately on Thursday with leading lawmakers.
WASHINGTON (AP) — Though U.S. stock trading was suspended Monday because of Hurricane Sandy, the parts of the financial system that stayed open functioned normally, the Treasury Department says. Financial regulators found that systems involving […]