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Joint Statement of Secretary Geithner and Secretary Clinton On Iran Sanctions
Thursday, June 23, 2011 - 3:08pm | 579Read More...The U.S. Departments of Treasury and State today released the following statement from Secretary Tim Geithner and Secretary Hillary Clinton additional U.S. sanctions against Iran: “Today, the United States imposed sanctions on Tidewater Middle East Company, an operator of Iranian ports owned by...
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Excerpts of Treasury Secretary Tim Geithner's Remarks to the International Monetary Conference
Monday, June 6, 2011 - 12:46pm | 324Read More...“We are committed to building a more level playing field internationally, as we move ahead with reforms in the United States. We don't want to see another race to the bottom around the world. As we act to contain risk in the US, we want to minimize the chances that it simply moves to other...
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Treasury Department Statement Regarding Leadership of the IMF
Friday, May 20, 2011 - 3:13pm | 86Read More...Today, the U.S. Department of the Treasury issued the following statement from Secretary Tim Geithner regarding leadership succession at the International Monetary Fund. “We are consulting broadly with the Fund's shareholders from emerging markets, as well as advanced economies. We are prepared...
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Benzinga's Political Roundup (GOOG, UUP, EWC)
Tuesday, May 3, 2011 - 3:34pm | 173Read More...South Korean police raided Google Inc's (NASDAQ: GOOG) Seoul office today, as the police suspect that the company's mobile advertising unit AdMob had illegally collected location data without consent, South Korean police said. Conservatives won a majority of the seats in Canadian parliament (NYSE...
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Geithner: U.S. To Use "Extraordinary Measures" To Stay Under Debt Ceiling
Monday, May 2, 2011 - 3:34pm | 61Read More...U.S. Treasury Secretary Tim Geithner is out making some interesting comments about the debt ceiling. Geithner said that the U.S. will use "extraordinary measures" to stay under the debt ceiling. We are seeing the indexes start to add to their losses, with the Dow off 15 points, the Nasdaq is...
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Will Congress Really Walk the Economy Off a Cliff to Prove a Point?
Friday, April 29, 2011 - 3:58pm | 511Read More...There's a scene in the Tarantino classic Reservoir Dogs where Harvey Keitel, Chris Penn and Lawrence Tierney are engaged in a Mexican standoff, with Tim Roth clinging barely on to life. With guns pointed at one another, the three old friends fire on one another, and all end up dead. Congress...
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Geithner Gives A Pass On Currency Swaps
Friday, April 29, 2011 - 2:18pm | 73Read More...Treasury Secretary Timothy Geithner has made the decision to allow companies who trade certain currency contracts to prvent from wild swings to continue to do so without supervision. The law, Dodd-Frank, allows Geithner to allow certain strategies to be exempt from oversight. Businesses argue...
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Treasury Secretary Geithner Discusses The Economy On Bloomberg
Tuesday, April 19, 2011 - 11:43am | 915Read More...U.S. Treasury Secretary Tim Geithner was on Bloomberg TV, and he made some comments regarding the state of the U.S. economy, his response to the S&P debt outlook revision, and other things. Geithner was asked about the revised S&P outlook for U.S. credit, and he said, "The right thing for...
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Tim Geithner Says Japan Will Not Have To Sell Treasuries
Tuesday, March 15, 2011 - 11:27am | 96Read More...U.S. Treasury Secretary Tim Geithner was asked at a Senate Banking Committee hearing today whether Japan would have to sell some of their U.S. Treasury holdings in order to raise cash to pay for the damage done, and Geither said he didn't think so. Sen. Charles Schumer (D-NY) asked him this...
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Tim Geithner: World Can Handle High Oil Prices
Wednesday, February 23, 2011 - 12:33pm | 86Read More...A report from Bloomberg says that U.S. Treasury Secretary Timothy Geithner says the world can handle higher oil prices, given the economic recovery. “The economy is in a much stronger position to handle” rising oil prices, Geithner said today during a Bloomberg Breakfast in Washington. “Central...
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Benzinga's Political Roundup (EWJ, USO, UUP)
Tuesday, February 22, 2011 - 1:00pm | 108Read More...Muammar Gaddafi vowed to die in Libya as a martyr, as oil prices (NYSE: USO) are skyrocketing based on Middle East tensions. Moody's said that it would cut Japan's (NYSE: EWJ) debt rating if government policies are unable to bring public debt under control. Tim Geithner says that he is confident...
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Geithner: "Our Job Is To Listen To Broader Public Interests"
Friday, February 11, 2011 - 9:50am | 216Read More...This morning, treasury secretary Tim Geithner told CNBC that the government will pull back from the housing market. “The important thing is, we need to build a market where homeowners put more equity in their home, hold more equity in their home,” Geithner said. “The government pulls back. We want...
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Tim Geithner: Jobs Aren't Coming That Fast (SPY, DIA)
Friday, January 28, 2011 - 10:34am | 56Read More...In an interview, U.S. Treasury Secretary Tim Geithner said that a U.S. economic recovery will not cut the unemployment rate drastically, as many are still having a hard time getting work. Companies are more efficient now, and are able to do more with less he said.
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Could The U.S. Actually Default On Its Debt?
Thursday, January 6, 2011 - 11:35am | 96Read More...Not bloody likely, especially if Tim Geithner continues to rant and rave about it. There's no serious chance of the U.S. ever defaulting on our debt by not raising the debt ceiling, but Geithner did say that "hitting the debt limit could have a catastrophic economic consequences, potentially worse...
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What's Going On At Capitol Hill?
Friday, December 31, 2010 - 11:16am | 223Read More...Dodd-Frank is seeing a lot of attention recently from Wall Street's elite and Washington policy maker are joining them, as they discuss what exactly will happen next year. According to New York Times (NYSE: NYT) DealBook, Elizabeth Warren, who will run the new Consumer Financial Protections Bureau...

