Timothy Geithner

Timothy Geithner

Geithner to join private equity firm

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 […]

11/16/2013

Elizabeth Warren (AP Photo)

Publisher: Sen. Warren book coming out in 2014

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 […]

05/29/2013

Timothy Geithner

Geithner sees US economy strengthening gradually

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.

01/25/2013

Jacob Lew

Obama nominates Lew to lead Treasury

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.

01/10/2013

Obama and Lew

Lew’s selection as treasury chief puts emphasis on fiscal challenges, opens a new chapter

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.

01/10/2013

(AP Photo)

Obama seeks to put personal touch on cliff talks

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.

12/06/2012

US Representative of Ohio and House Speaker John Boehner (AP photo)

Boehner tells Geithner, ‘You can’t be serious’

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.”

12/02/2012

Fiscal cliff

‘Cliff’ talks: Geithner invites GOP counteroffer

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.

12/02/2012

Fiscal cliff

Boehner: Dems need to propose spending cuts

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.

11/29/2012

Fiscal cliff

Obama officials, lawmakers set for talks and debt-cutting

An administration official says two of President Barack Obama’s top negotiators on the “fiscal cliff” will meet separately on Thursday with leading lawmakers.

11/28/2012

Regulators: Financial system operating normally

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 […]

10/29/2012