Timothy Geithner

In his testimony in front of the Senate Banking Committee today, Federal Reserve Chairman Ben Bernanke urged lawmakers to refrain from using the federal debt ceiling as a “bargaining chip”, Bloomberg reports. The debt ceiling—which presently sits at $14.3 trillion—will, according to Treasury...

If war is a continuation of politics by other means, then it is fair to say that the United States and China are in the intermediate stages of the most serious world conflict since Hitler was toppled. Forget Afghanistan. Forget Iraq. Forget Libya. Set aside nightmare scenarios of nuclear missiles...

In a response to a suggestion that Washington was pursuing a policy of weakening the dollar, U.S. Treasury Secretary Timothy Geithner told CNBC that the United States would never deliberately weaken its currency to grow its economy, CNBC reports. The issue began when former Federal Reserve Chairman...

India, Russia and Germany on Thursday rejected a U.S. proposal for numerical targets for "sustainable" trade surpluses and deficits as a way to help rebalance the global economy. The swift rebuff underscored the difficulties facing Group of 20 finance ministers as they gather in South Korea to try...

Report to the Secretary of the Treasury Report to the Secretary of the Treasury from the Treasury Borrowing Advisory Committee of the Securities Industry and Financial Markets Association August 3, 2010 Dear Mr. Secretary: When the Committee met in early May, the economy was firmly transitioning...

There is a humongous debate going on in Washington about whether to let the 2001 and 2003 tax cuts enacted by the Bush administration expire. Tech Ticker interviewed Brian Bethune to discuss this matter. In the interview, Bethune, IHS Global Insight’s chief U.S. financial economist, goes on to say...

According to an article on CNBC, the macro-strategist at Sophis Investments, Timothy Scala believes that the US too will have to adopt austerity measures as taken by Europe. Both the US and Europe are facing more or less the same problems. The plans presented by German Chancellor Angela Merkel on...

U.S. Treasury Secretary Timothy Geithner has praised Germany for its leadership role during the euro zone crisis and on financial reforms. He also agreed to the spending cuts being undertaken by the European governments. However, he did caution against upsetting the growth and called for a balanced...

The two-day strategic and economic dialogue between the US and China came to an end today. On the second day of talks with his Chinese counterpart, US Treasury Secretary Timothy Geithner was convinced that China has realized that letting the yuan appreciate was in its own best interest. The talks...

The Senate passed the most significant increase in the regulation of US banks yesterday since the Great Depression. The lawmakers placed new restrictions on the nation's biggest banks, reining in the Federal Reserve and forming a major new consumer-protection division for mortgage and credit-card...

According to an article on CNBC, Timothy Geithner, US Treasury Secretary, said yesterday that American exporters will get a level playing field from a stronger Chinese yuan. However, in his talks with Beijing next week, he has decided to focus primarily on reducing trade barriers. While giving a...

US Treasury Secretary, Timothy Geithener, said that he would push China to ensure a level playing field for American companies. Geithner said, “Our agenda in Beijing will focus on reducing the challenges faced by American companies trying to export to China and to produce in China.” He added, “...

Top U.S. and the European Union officials have declared their commitment towards reforming the global financial system. According to The Wall Street Journal, U.S. Treasury Secretary, Timothy Geithner, and European Union markets and services commissioner, Michel Barnier, said they are seeking to...