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Timothy Geithner

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Aug 04

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Despite Federal Aid, Lenders Slow to Modify Home Loans

Fewer than 8 percent of eligible borrowers have successfully modified their mortgages under a $75 billion federal plan aimed at halting home foreclosures, according to a Treasury Department report. Jeffrey Kaye reports on the early struggles of the program.

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Jul 29

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U.S., China End Two Days of Talks With Few Concrete Results

By Carolyn O'Hara

The United States and China ended two days of high-level talks Tuesday, pledging to improve cooperation on economic and security issues, including on policies aimed at economic recovery and international non-proliferation agreements.

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Jul 27

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At Forum, Bernanke Defends Fed’s Aggressive Moves

At a forum in Kansas City, Mo., Federal Reserve Chairman Ben Bernanke discussed the central bank's actions in handling the economic crisis, saying he did not want to be the Fed chief who "presided over the second Great Depression." Here…

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Jul 24

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Watchdog Role at Center of Regulator Showdown

Three federal government officials charged with reforming the U.S. financial system testify Friday in front of the House Financial Services committee who should become the nation's top consumer watchdog.

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Jul 24

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Other News: Obama Steps Back from Gates Comment

In other news, President Obama stepped back from comments he made concerning the arrest of prominent black scholar Henry Louis Gates Jr., and Democrats in the House of Representatives agreed on a plan for cutting Medicare growth.

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Jul 22

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Bernanke Signals Slow Recovery, Defends Fed’s Powers

Fed chief Ben Bernanke told a Senate panel on Wednesday that economic recovery should begin soon, albeit slowly at first. A financial analyst and a lawmaker speak with Ray Suarez about the testimony.

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Jul 22

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Are Geithner and Summers Too Close to Wall Street?

By Business Desk

Question: Are Timothy Geithner and Larry Summers too close to the players that produced this economic crisis — so close that they will not have the vision, values, or mindset that will allow them to take the difficult steps that…

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Jul 21

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Bernanke Details Stimulus Exit Plan to Congress

Despite recent improvements in the economy, the Federal Reserve will keep interest rates near zero, chairman Ben Bernanke told lawmakers Tuesday. Greg Ip of "The Economist" examines the chairman's testimony with Gwen Ifill, and discusses the central bank's plans to…

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Jul 14

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Simon Johnson on China and the U.S. Economy

By Business Desk

Paul Solman: The second in this week’s series of video exchanges with Simon Johnson of the Peterson Institute of Economics, MIT, and (formerly) the IMF, concerns China.

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Jun 18

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Geithner Defends Plan for Regulatory Overhaul

In an interview with Jim Lehrer, Treasury Secretary Timothy Geithner details the administration's case for a sweeping overhaul of the financial regulation system and discusses the government's role in shaping an economic recovery.

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