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    News and Articles on Secretary of Treasury



    Will the American People Rebel?  Nov 23, 2009
    John Thune (R-S.D.) introduced legislation to repeal the authority of the Secretary of Treasury to extend the Troubled Asset Relief Program. The individual who investigates the so-called TARP predicts that there is $317 billion still in the program that could be saved if the program was ended today. (Human Events Online)

    Balance of power: Rudd torn on financial advice  Oct 24, 2009
    In the other corner is Ken Henry, secretary of Treasury since 2001, Rudd's main adviser on the Government's fiscal stimulus package, and a man now bearing a very heavy workload as chairman of its tax policy review at the same time as running a Treasury that now finds its work constantly in the spotlights of a bitter political debate. On most issues, Garnaut and Henry see eye to eye. (Sydney Morning Herald -- Business)

    Lodi resident who started prayer debate comes forward (1897)  Oct 21, 2009
    The defendants in the suit are the Internal Revenue Service, Secretary of Treasury Timothy Geithner, commissioner of the IRS Douglas Shulman and Selvi Stanislaus, executive officer of the California Franchise Tax Board. News-Sentinel staff. (Lodi News Sentinel, CA)

    U.S. debt dilemma, no better solution?  Oct 18, 2009
    The Secretary of Treasury Tim Geithner gave two reasons for the skyrocketing federal deficit. Firstly, Geithner believed that the deficit was inherited from the George W. Bush administration. (Xinhuanet, China)

    Goldman Exec Named COO of SEC Enforcement  Oct 17, 2009
    The Secretary of Treasury. The President. (CBS News)

    Pittsburgh tallies G-20 benefits  Sep 26, 2009
    Yesterday, according to Masich, the and the secretary of treasury for Italy visited the History Center. They just loved Pittsburgh, Masich said. (Pittsburgh Business Times, PA)

    Click to read:Geithner on Lessons from Lehman  Sep 15, 2009
    CBS News Exclusive: In a special full-length interview, Katie Couric speaks with U.S. Secretary of Treasury Timothy Geithner about the current state of the economy and the future of Wall Street. Video. (CBS News)

    Click to read:Poverty at 11-Year High - And Still Rising  Sep 11, 2009
    He has no clue about how economics work and neither does his secretary of treasury who didn't pay his taxes for three years. what an embarrassing administration we have. (CBS News)

    Biden tickets offered early, students disappointed  Sep 10, 2009
    Secretary of Treasury Timothy Geithner, Secretary of Education Arne Duncan, higher education experts and SU Chancellor Nancy Cantor will also take part in the discussion. Biden will speak at 10:30 a.m. in Goldstein Auditorium in Schine. (Daily Orange, NY)

    Obama, Washington comparison doesnt add up  Sep 7, 2009
    For instance, what has the fact that the secretary of treasury didn t pay his taxes have to do with Obama s illustriousness or greatness. Also, Obama misspoke alright, but after calling the police stupid, he performed the simplest piece of diplomacy that I have ever witnessed from a president. (Klamath Falls Herald & News, OR)

    Clippers kept happy  Aug 26, 2009
    Paulson has gone now, but his protege Timothy Geithner is still around as US Secretary of Treasury, and he and his colleagues in the Obama administration seem to be totally committed to not. Continued 1. (Asia Times Online)

    Possible Obama Visit Shows Bond to Kennedy  Aug 23, 2009
    s Secretary of Treasury and head of IRSCharlie Rangle, Chairman, House Ways and Means CommitteeCaroline. You Know. (CBS News)

    Pay czar mulls whether to claw back exec pay  Aug 18, 2009
    "The officials can't run to the Secretary of Treasury. The officials can't run to the court house or a local court. My decision is final on those individuals," Feinberg added. Feinberg told Reuters he hasn't spoken with President Obama about his role as the administration's watchdog on pay, although he has been in touch with Treasury Secretary Timothy Geithner. (MSNBC -- Business)

    Treasury secretary: Mexican economy worst in 30 years  Aug 12, 2009
    MEXICO CITY, Aug. 11 (Xinhua) -- Mexican Secretary of Treasury and Public Credit Agustin Carstens said Tuesday that Mexico was facing the worst financial shock in 30 years, a result of sharp drops in revenues. "Seen historically, this is the biggest financial shock that Mexico has faced in the last 30 years," Carstens said during a public audience in the Senate. (Xinhuanet, China)

    Making Whiskey in Western Pennsylva...  Aug 7, 2009
    The Constitution officially went into effect on March 4, 1789 giving Alexander Hamilton, Secretary of Treasury, the legal rights he needs to design a financial plan that if passed can be enforced. A Financial Plan to Get Out of Debt. (Suite101.com)

    I made some mistakes, but look at the good I did  Aug 5, 2009
    30am on June 19, I received a message to call the Deputy Secretary of Treasury, Jim Murphy, urgently. He said: If you are asked any questions in the Senate this afternoon about John Grant and the Prime Minister or the Prime Ministers Office, you should simply say that youve confused the Grant case with some other case. (Sydney Morning Herald -- Opinion)

    U.S. may OK hi-tech exports to China  Jul 30, 2009
    Wang, who co-chaired the Economic Track of the talks with U.S. Secretary of Treasury Timothy Geithner, said the nations agreed to oppose protectionism and increase the representation of developing countries in the decision-making of major international financial institutions. China and the U.S. will also hold regular exchanges, to talk about how they are dealing with financial issues and working for a global recovery. (Xinhuanet, China)

    China hopes U.S. will cut budget deficit  Jul 29, 2009
    U.S. Secretary of Treasury Timothy Geithner assured the Chinese delegation in his opening remark on Monday that U.S. has taken steps to overhaul its financial system, enhance regulation, and control the deficit ... The two-day talks, which are co-chaired on the Chinese side by Vice Premier Wang Qishan and State Councilor Dai Bingguo, and the U.S. Secretary of State Hillary Rodham Clinton and Secretary of Treasury Timothy Geithner on the U.S. side, covered a wide array of issues, including the... (Xinhuanet, China)

    Senior Democrats call on Treasury to be more open  Jul 22, 2009
    "The Special IG's recommendations on transparency are critical to the success of the program, and I will be pressing the secretary of Treasury to adopt these standards," Baucus said. "The taxpayers now have a $700 billion spending program that's being run under the philosophy of 'don't ask, don't tell,'" Towns added. (USA Today -- Money)

    Half Measures On Climate Action  Jul 11, 2009
    He got the heads of state at the Major Economies forum to ask their Finance Minister, or Secretary of Treasury, to come up with ideas on finance for developing countries and to report back to the upcoming G20 meeting in Pittsburg in September. So now we have a process and a timeline that may help us break one of the major deadlocks in the global negotiations on climate change. (CBS News)

    Ten ideas for Tom Tidwell  Jul 7, 2009
    With the possible exception of Secretary of Treasury Timothy Geithner's gig, there's no tougher job in Washington than national forester. The Forest Service has an army of constituent groups, all battling over the same resource - and even more critics. (Burley South Idaho Press, ID)

    Ohio Congressional Members Urge U.S. to Provide GM Retirees Medical Benefits  Jun 27, 2009
    Sherrod Brown (D-OH) to U.S. Secretary of Treasury Timothy F. Geithner was made public today, urging 'simple justice' with equity in financial support for the future medical and life insurance benefits of GM retirees represented by the United Steelworkers (USW) and two other unions. (Logo: ). (PR Newswire)

    Gonzalez sponsors tax simplification bill  Jun 26, 2009
    Gonzalez legislation would direct the Secretary of Treasury to establish an optional, easy-to-use standard for this deduction. Home-based businesses are one of the fastest growing segments of our nation, providing jobs and nurturing our economy, Gonzalez says. (San Antonio Business Journal, TX)

    Democrats, industry battle on consumer protections  Jun 25, 2009
    Herbert Allison, the assistant secretary of Treasury for financial stability, told an oversight panel on Wednesday that the administration continues to look at various solutions to the foreclosure crisis and is "totally open to ideas.". Obama announced last week the biggest reform effort to financial regulations since the 1930s. (Sioux City Journal)

    Mifflinburg man brings Lincoln story to life  May 16, 2009
    The show about the Lincoln Presidency is a mix of historical stories and songs as remembered by Kate Chase, daughter of Salmon Chase, Secretary of Treasury. Photo by Coni Marie Sheridan/Standard Journal. (Milton Standard Journal, PA)

    Ex-bureaucrat to head Rudd Bank  May 10, 2009
    Mr Borthwick was a deputy secretary of Treasury, of the Department of Health and Ageing and was secretary of the Department of the Environment, Water, Heritage and the Arts until his retirement earlier this year. Mr Swan said Mr Borthwick was "exceptionally well qualified" for the job with five years in senior roles at Treasury and a stint as Australia's ambassador to the Organisation for Economic Co-operation and Development (OECD). (Sydney Morning Herald -- Australia)

    U.S.: no major partner manipulating exchange rate  Apr 16, 2009
    WASHINGTON, March 30 (Xinhua) -- Both the United States and China share common interests in a stable international financial system and the policy adopted by China is providing a very stabilizing role in the system, Secretary of Treasury Timothy Geithner said here on Monday. Geithner made the remarks at a news briefing held in the running-up to the Group of 20 (G-20) financial summit scheduled to be held in London on April 2. (Xinhuanet, China)

    10 comments  Apr 11, 2009
    But Summers, while secretary of Treasury under Clinton, publicly defended unregulated, free market derivatives. Didn't presidential adviser David Axelrod, following former Vice President Dick Cheney's criticism of Obama's changes to fighting the war on terror, call Cheney "unstatesmanlike". (Human Events Online)

    Obama: The Charming Menace to Peace and Prosperity  Apr 11, 2009
    But Summers, while secretary of Treasury under Clinton, publicly defended unregulated, free market derivatives. . (Townhall.com)

    Kevin Haas: Just a friendly FYI ...  Apr 10, 2009
    Not filing your tax forms correctly can result in serious consequences, like becoming the secretary of treasury. (Looking at you, Tim Geithner. (Medfield Press, MA)

    Tripodi defends international power trip  Apr 8, 2009
    Accompanying Mr Tripodi on the business class flights next week will be his chief of staff, Jennifer Doherty, and the Secretary of Treasury, Michael Schur, as well as representatives from the Government's financial advisers on the sale, Lazard and Credit Suisse. It will be the second trip in five months to New York for Mr Schur, who went there just before Christmas with the Treasurer, Eric Roozendaal, to meet ratings agencies over the state's AAA credit rating. (Sydney Morning Herald -- Australia)

    LETTERS: NCT, April 4, 2009  Apr 8, 2009
    " This includes social and emotional roadblock, attention and memory challenges, speech and language impairments and many other cognitive deficits. The center keeps in mind that the brain can disorganize in many ways. This is a "biopsychosocial" treatment approach, and it takes years to master the art and science of it. How great is it that a state-certified school can provide such cutting-edge interventions without the bureaucratic drawbacks?Ghazal AnsariSan MarcosPutting tax increases in... (North County Times)

    Capitol Hill's New Role of Tax Collector  Apr 5, 2009
    He is now secretary of treasury. Kirk discovered that he owed nearly $10,000 and presumably also paid promptly, for on March 18, he was confirmed as U.S. trade representative. (Human Events Online)

    Et Tu, Barack?  Apr 4, 2009
    On March 23, the committee adopted HR 1664, a bill that retroactively would impose government controls on the pay of all employees of any company that takes bailout funds and would prevent compensation for any employee that is "unreasonable or excessive." Those standards will be defined by the secretary of treasury and the chairman of the House Committee on Oversight and Government Reform, who will judge "the performance of the individual executive or employee to whom the payment relates.". . (Townhall.com)

    Economists: China goes to G20 financial summit with reform proposal  Apr 2, 2009
    U.S. President Barack Obama, Secretary of Treasury Timothy Geithner and Federal Reserve chairman Ben Bernanke reacted quickly to Zhou's article, saying there was no need for a new global currency as an alternative to the dollar. Zuo Xiaolei, chief economist with Galaxy Securities, regarded China's outspokenness as "a breakthrough in the mentality" of Chinese leaders as they have "spoken and represented the country.". (Xinhuanet, China)

    The Globe roundtable  Apr 2, 2009
    We've seen a lot of stunting between them going into, into over the last couple of months, in going to this meeting about, about world currencies, about you know Geithner has said that the US Secretary of Treasury has, has made some statements about the Chinese currency being, being fixed and the Chinese have made a, some comments about the US currency not being, being you know, the world's reserve currency anymore. What's going on between those two powers. (Globe and Mail)

    Letter: Pathetic excuses for deficit spending  Apr 2, 2009
    I would suggest that President Obama stop with the sports picks and finish the picks for his administration along with perhaps another pick for Secretary of Treasury. And please stop spending money we don t have. (Lebanon Express, OR)

    Imagine if 'President McCain' Joked About the Special Olympics  Mar 28, 2009
    For that matter, imagine if a President McCain mistook a White House window for a door; his secretary of Treasury had not paid taxes; he granted two dozen waivers to his no-lobbyists-in-government rule; and he had promised bipartisanship but got only three across-the-aisle votes for his "stimulus" package ... Imagine if President McCain acted "outraged" -- as though he, his secretary of Treasury, and a party leader (Sen. (Townhall.com)

    Getting down to nitty-gritty of the Geithner plan  Mar 28, 2009
    Six months after the secretary of Treasury and the chairman of the Federal Reserve scared Congress out of $700 billion to buy up toxic assets that had frozen lending around the globe, a new Treasury secretary has come forth with the plan. In between then and now, most of the $700 billion went to other cleanup efforts. (Atlanta Journal-Constitution -- Business)

    'Enemies of American Economic Recovery' Poll Results  Mar 26, 2009
    Timothy Geithner, U.S. Secretary of Treasury 2% 55 votes. 7. (Human Events Online)

    Small-business advocates praise SBA securities plan  Mar 25, 2009
    We are letting any community bank or anyone who securitizes these loans know that from this day forward indeed from July 1 of last year forward any new loan ultimately will have a buyer, said Gene Sperling, counselor to Secretary of Treasury Timothy Geithner. That s a big deal for Bank of the West in Grapevine, which is holding $11 million in SBA loans on its books that it had planned to sell on the secondary market. (Dallas Business Journal, TX)

    'Abject Failure'  Mar 23, 2009
    VAN SUSTEREN: What about Secretary of Treasury Geithner. Is he going to get the boot, do you think, by this president, or is he going to resign. (Fox News)

    New culture: Cruel joke on fatherless kids  Mar 22, 2009
    I think Geithner is having lots of problems in the kind of confidence we need in a secretary of Treasury right now, Martinez said. The problem is that since hes home alone, if he resigns, we may have no one over there. (Atlanta Journal-Constitution -- Opinion)

    Treasury urged no tax on bonuses  Mar 20, 2009
    Geithner, the ONLY man alive who totally understood TARP, was so smart he just had to be confirmed as Secretary of Treasury even though he was a huge tax cheat. OBVIOUSLY he didn't totally understand TARP or he is lying. (Insight on the News)

    AIG chief battles to quell bonus fury  Mar 19, 2009
    Mr Geithner was head of the New York Federal Reserve office before he became secretary of Treasury in January. He has said he became aware that the bonuses would be paid on Tuesday last week. (Sydney Morning Herald -- Business)

    Small business owners to get break  Mar 19, 2009
    The final measures of the new package come from the Secretary of Treasury, Timothy Geithner s financial stability plan announced last month. The upfront fees, up to 3. (McKinney Courier-Gazette, TX)

    LETTER: People shouldn't be offended by Limbaugh  Mar 18, 2009
    " just wondering wrote on Mar 17, 2009 2:41 PM:" Could be Harry, but I would think you wouldn't makes someone Secretary of Treasury that couldn't figure out their own taxes no matter how many sources their income came from. Viva la change. (Mattoon Journal-Gazette, IL)

    73 AIG Bonuses Hit Million-Dollar Mark  Mar 18, 2009
    "The secretary of Treasury did as much in his legal power at the time to lessen the impact of what we all understand is outrageous," Gibbs told reporters Tuesday. Gibbs said President Obama has confidence in Geithner and underscored that Mr. Obama is working as quickly as possible with Congress to or recoup that money. (CBS News)

    Gibbs Hammered On AIG At W.H. Briefing  Mar 18, 2009
    The secretary of Treasury did as much in his legal power at the time to lessen the impact of what we all understand is outrageous, he said, latter adding that Geithner took extraordinary steps, based on contracts that were in existence in April of last year, in order to do all that he could to protect the taxpayer. . (CBS News)

    As pressure rises, A.I.G. lists firms that got money from its bailout  Mar 17, 2009
    President Barack Obama and Secretary of Treasury Timothy Geithner meeting with small business owners and community lenders in Washington on Monday. (Doug Mills/ The New York Times). (International Herald Tribune -- Money Report)

    AIG paying $165 million in bonuses  Mar 15, 2009
    Timothy "the bag man" Geithner and Hank "the mole" Paulson have screaming conflicts of interest which should have disqualifed both from serving as U.S. Secretary of Treasury. If Geithner does not have the decency to resign, then Obama must fire him. (Insight on the News)

    Obama’s gyrations  Mar 11, 2009
    Perhaps your tax dodging Secretary of Treasury can try to explain to you that the stock market s 20 percent loss, the worst for a president in 90 years, reflects how the markets perceive the future, not the past. Barney Frank and Chris Dodd protected Freddie Mac and Fannie Mae from oversight three times in the past nine years, so don t even think about blaming President Bush; the markets are reacting to you and your policies. (Green Valley News & Sun, AZ)

    Report: Banks Benefited From AIG Bailout  Mar 10, 2009
    So what does the Secretary of Treasury do if he doesn't control the amount of money printed or interest rates or any of that other economic mumbo jumbo. Why are we paying him so much money. (CBS News)

    Obama Taps Nominees for 3 Top Treasury Spots  Mar 9, 2009
    In a statement, the White House said Obama will nominate David S. Cohen to be assistant secretary of Treasury for terrorist financing; Alan B. Krueger to be assistant secretary of Treasury for economic policy; and Kim N. Wallace to be assistant secretary of Treasury for legislative affairs. All three are currently working as counselors to Treasury Secretary Geithner. (SmartMoney)

    News of the Weird  Mar 9, 2009
    Alion Yeo, an expert on the Chinese system of beliefs in stars, geography and the location of objects, and whose popular finance seminars attract high-end investors, told a group of about 170 recently that 2009 would be dismal because the U.S. economy is now in the hands of a president and a secretary of treasury who were both born in a Year of the Ox (1961), of which 2009 is another (and which has already started frighteningly with both a solar eclipse and a lunar eclipse). More Stories from... (Waterloo-Cedar Falls Courier)

    Racial cowardice  Feb 27, 2009
    Don t forget about a Secretary of Treasury that is a liar and cheat. Excellent article. (Atlanta Journal-Constitution -- Opinion)

    The Presidency as a Series of Tele-Promter Speeches  Feb 25, 2009
    (like his Secretary of Treasury O'Neil says). Perhaps the best ting about Bush is the unconscious comedy of his speech. (Townhall.com)

    When the big banks tanked  Feb 17, 2009
    Secretary of Treasury Henry Paulson waits to deliver an address on the economy to the U.S. Chamber of Commerce in Washington on March 26, 2008. When the big banks tanked. (Salon)

    To trade or not to trade, that is the question  Feb 17, 2009
    "President Obama - backed by the conclusions of a broad range of economists - believes that China is manipulating its currency," noted new U.S. Secretary of Treasury, Timothy F. Geithner in late January, hinting at a harder line on U.S.-China relations. Only a week later, however, Vice President Joe Biden said that there had been no judgment in the administration over currency manipulation. (Xinhuanet, China)

    FORUM: Supervisors' priorities off  Feb 17, 2009
    The Troubled Asset Relief Program that was approved by the U.S. Congress last fall requires the secretary of Treasury to implement a plan to mitigate foreclosures, Sheriff Evans said. "To proceed with sales without assuring that homeowners have been able to avail themselves of those protections would put me in a position of violating federal law," said Evans. (North County Times)

    G7 finance ministers reject protectionist measures  Feb 15, 2009
    U.S. Federal Reserve Chairman Ben Bernanke, left, U.S. Treasury Secretary Timothy Geithner, second from left, and U.S. Deputy Assistant Secretary of Treasury Mark Sobel, third from left, attend the Group of Seven (G7) Finance Ministers and Central Bank Governors meeting, in Rome, Saturday, Feb. 14, 2009. Officials from the leading industrial nations will discuss new financial markets rules, concerns about protectionist measures in stimulus plans, and the effect of the crisis on poorer countries. (Muscatine Journal, IO)

    G7 strives to couple crisis response and free trade  Feb 14, 2009
    Reuters U.S. Secretary of Treasury Timothy Geithner (R) talks with U.S. Federal Reserve Chairman Ben Bernanke. ROME (Reuters) The G7 industrial powers, fearing a rise of protectionism, will do all they can to combat recession and avoid distorting free trade on the way, according to a joint statement being prepared for release after talks on Saturday. (Yahoo News -- Top Stories)

    BofA, other banks suspend foreclosures  Feb 14, 2009
    For these customers and all of the loans Wells Fargo holds, we will extend the timeline until the Secretary of Treasury s foreclosure prevention plan is announced, assumed to be in the next couple of weeks. Reader Comments. (Charlotte Business Journal, NC)

    G7 powers head to Rome as crisis rages  Feb 13, 2009
    Reuters U.S. Secretary of Treasury Timothy Geithner arrives in central Rome February 13, 2009. Finance ministers. (Yahoo News -- Top Stories)

    Stock whiplash follows mortgage news  Feb 13, 2009
    "But that horse is out of the barn.Pass the popcorn, and pull up the lawn chairs. We'll be here all morning. Andrew Leonard Wednesday, Feb. 11, 2009 03:00 PST Reuters/Larry Downing U.S. Secretary of Treasury Timothy Geithner outlines the Obama Administration's plans for the economy while testifying before the Senate Banking, Housing and Urban Affairs Committee in Washington, February 10, 2009. About an hour and a half into Treasury Secretary Tim Geithner's marathon appearance before the Senate... (Salon)

    Obama's confidence-building stimulus deal  Feb 12, 2009
    U.S. Secretary of Treasury Timothy Geithner outlines the Obama Administration's plans for the economy while testifying before the Senate Banking, Housing and Urban Affairs Committee in Washington, February 10, 2009. About an hour and a half into Treasury Secretary Tim Geithner's marathon appearance before the Senate Banking Committee Tuesday afternoon, Sen. (Salon)

    Obama nears win on stimulus plan to boost economy  Feb 12, 2009
    Reuters U.S. Secretary of Treasury Timothy Geithner outlines the Obama Administration's plans for the economy. Related Quotes. (Yahoo News -- Top Stories)

    Treasury widens aid for banks, credit markets  Feb 11, 2009
    () Wednesday, February 11, 2009. Treasury Secretary Timothy Geithner announcing the new plan to widen aid to banks and unfreeze credit markets. (Insight on the News)

    Return trip: Elkhart was chosen for first town meeting  Feb 11, 2009
    The question seemed to refer to the notable selections by Obama of Timothy Geitner for Secretary of Treasury and Tom Daschle - both of who were discovered to have failed to pay taxes at one time or another. Daschle later withdrew his name from consideration for Secretary of Health and Human Services. (Niles Star, MI)


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