Thursday, June 20, 2013 4:18 PM EST

Timothy Geithner

 

Timothy Franz Geithner (born August 18, 1961) is the 75th and current United States Secretary of the Treasury, serving under President Barack Obama. He was previously the president of the Federal Reserve Bank of New York.

Geithner's position includes a large role in directing the Federal Government's economic response to the financial crisis which began after December 2007. Specific tasks include directing the allocation of the $350 billion of Wall Street bailout funds. He is currently dealing with multiple high visibility issues, including the survival of the automobile industry, the restructuring of banks, financial institutions and insurance companies, recovery of the mortgage market, demands for protectionism, President Obama's tax changes, and relations with foreign governments that are dealing with similar crises. Read More

Articles About Timothy Geithner

Obama says Bernanke has 'stayed a lot longer' than he wanted at Fed

By Reuters

President Barack Obama hinted in an interview aired on Monday that he may be looking for a new chief of the U.S. Federal Reserve Bank, saying current Chairman Ben Bernanke has stayed a lot longer than he had originally planned. (Jun 18)

MORE TOPICS: BARACK OBAMA, FEDERAL RESERVE, BEN BERNANKE, WHITE HOUSE, FBI

Yellen overwhelming favorite to replace Bernanke at Fed: Reuters poll

By Reuters

Janet Yellen, the Federal Reserve's powerful vice chair, is by far the most likely candidate to replace Ben Bernanke when his second term at the helm of the U.S. central bank ends early next year, according to a Reuters poll of economists. (Jun 13)

MORE TOPICS: BARACK OBAMA, FEDERAL RESERVE, BEN BERNANKE, GEORGE W. BUSH, MANUFACTURING, MORTGAGE

Five criteria Obama may weigh in seeking Bernanke successor

By Reuters UK

In the summer of 2009, with the U.S. economy badly wounded and the nation's financial calamity still a vivid memory, President Barack Obama's closest aides began a vital discussion about who he should nominate to run the Federal Reserve. (Jun 07)

MORE TOPICS: FEDERAL RESERVE, UNEMPLOYMENT, BEN BERNANKE, WHITE HOUSE, NEW YORK, MANAGEMENT

Bloomberg
Bloomberg Under New Pressure as Bank of Japan Probes Snooping

By IBTimes UK

Bloomberg journalists had reportedly access to its financial information terminals (May 15)

MORE TOPICS: FEDERAL RESERVE, BEN BERNANKE, GOLDMAN SACHS, JAPAN, BANK OF JAPAN, EUROPEAN CENTRAL BANK

Obama, China's Xi discuss cybersecurity dispute in phone call

By Reuters UK

President Barack Obama took mounting U.S. concerns about computer hacking straight to China's president on Thursday in a sign of how seriously the United States takes the threat of cyber attacks emanating from China. (Mar 15)

MORE TOPICS: CHINA, BARACK OBAMA, HUMAN RIGHTS, SOUTH KOREA, WHITE HOUSE

Lehman creditors can question "London Whale" - judge

By Reuters

A bankruptcy judge on Wednesday gave creditors of Lehman Brothers <LEM.MX> the green light to subpoena former JPMorgan Chase & Co <JPM.N> trader Bruno Iksil, the so-called "London Whale," in an $8.6 billion lawsuit against the bank, a Lehman spokeswoman said. (Mar 14)

MORE TOPICS: JPMORGAN CHASE, LEHMAN BROTHERS, COURT, NEW YORK, LAWSUIT, INVESTMENT

JPMorgan says London Whale didn't cause Lehman bankruptcy

By Reuters UK

The former JPMorgan Chase & Co <JPM.N> trader known as the "London Whale" was not responsible for Lehman Brothers Holdings Inc's bankruptcy and should not be dragged into an $8.6 billion lawsuit accusing the largest U.S. bank of causing it, JPMorgan said. (Mar 01)

MORE TOPICS: JPMORGAN CHASE, LEHMAN BROTHERS, COURT, NEW YORK, LAWSUIT, INVESTMENT

Obama's Treasury pick Lew to be grilled on Citi bonus, U.S. debt

By Reuters

Jack Lew, President Barack Obama's pick to be U.S. treasury secretary, is expected to come under fire for the administration's budget policies and a nearly $1 million bonus he received from bailed-out bank Citigroup when he testifies on Wed... (Feb 11)

MORE TOPICS: CITIGROUP, JOE BIDEN, WHITE HOUSE, MANAGEMENT, INVESTMENT, CONGRESS

Fed official alleges Geithner may have alerted banks to rate cut

By Reuters

In the summer of 2007, as storm clouds gathered over the world's financial system, then-New York Federal Reserve President Timothy Geithner allegedly informed the Bank of America and other banks about the possibility the U.S. (Jan 19)

MORE TOPICS: FEDERAL RESERVE, BANK OF AMERICA, BNP PARIBAS, STORM, NEW YORK, INVESTMENT

Fed missed warning signs in 2007 as crisis gathered steam

By Reuters

Top policymakers at the Federal Reserve felt for most of 2007 that problems in housing and banking were isolated and unlikely to tear down the economy as they ultimately did. (Jan 19)

MORE TOPICS: FEDERAL RESERVE, UNEMPLOYMENT, BEN BERNANKE, LEHMAN BROTHERS, NEW YORK, MORTGAGE