Geithner says administration committed to preserving strong value of dollarSeptember 24th, 2009 Geithner supports strong dollarPITTSBURGH — Treasury Secretary Timothy Geithner says the United States has a a special responsibility to preserve the role of the dollar as the world's primary reserve currency. Geithner said that a strong dollar is very important to the United States and the Obama administration is committed to doing everything necessary to preserve the dollar's standing in global currency markets.
Geithner: US wants bigger role of China in IMF despite European objectionsSeptember 24th, 2009 Geithner: US wants bigger role for China in IMFPITTSBURGH — Treasury Secretary Timothy Geithner says the U.S. supports China's bid for greater voting rights in international organizations like the IMF and the World Bank for itself and other fast-growing economies despite European reservations.
Geithner says encouraging signs of global rebound are beginning to emergeSeptember 24th, 2009 Geithner says financial flaws must be correctedPITTSBURGH — Treasury Secretary Timothy Geithner says he is seeing encouraging signs of a global economic rebound but the world still has a way to go to emerge from the severe recession. Geithner says that the United States is not going to walk away from the greatest crisis since the Great Depression and not reform the flaws in the financial system that triggered the crisis.
Treas Sec'y Geithner: Obama committed to avoiding middle-class tax hike, despite deficitsSeptember 15th, 2009 Geithner: Obama against any middle class tax hikeWASHINGTON — Treasury Secretary Timothy Geithner acknowledged Tuesday the federal government had to take some "deeply offensive" steps to help the country get past the financial crisis a year ago. But he also said in a nationally broadcast interview that things are "dramatically different" now, although it's too early to say the economy is in recovery.
Geithner: Growth widely expected in second half of this year, unemployment easing next yearAugust 2nd, 2009 Geithner: Consensus is for growth later this yearWASHINGTON — Treasury Secretary Timothy Geithner (GYT'-nur) says the economy is expected to grow later this year and unemployment could ease in the second half of 2010. He's citing the general view of private economists for his forecasts.
Geithner says US and China committed to building more stable and balanced global economyJuly 28th, 2009 Geithner says US and China seeking stabilityWASHINGTON — Treasury Secretary Timonthy Geithner (GUYT'-nur) says the United States and China are committed to building a more stable and balanced global economy. Geithner said in prepared remarks Tuesday that the two countries were determined to lay a foundation for more balanced growth once an economic recovery is firmly in place.
Geithner: China and US agree on domestic consumption, regulatory policiesJuly 28th, 2009 Geithner: US, China response halted global crisisWASHINGTON — Treasury Secretary Timothy Geithner credits the response of the United States and Chinese governments for pulling the global financial system back from the brink of failure. Geithner says both countries capped two days of high-level talks Tuesday with an agreement from China to increase domestic consumption to reduce its reliance on exports to U.S.
Geithner: US will reverse spending after economy is on certain recoveryJuly 28th, 2009 Geithner: US to address deficits after recoveryWASHINGTON — Treasury Secretary Timothy Geithner says he has reassured China that the United States will take steps to address rising budget deficits once the economic recovery is firmly in place. China has huge investments in the United States and has worried it could be undermined by U.S.
Geithner's message to Middle East officials: Your investments are safe in the United StatesJuly 12th, 2009 Geithner to focus on investment, economic recoveryWASHINGTON — On his first trip to the Middle East as Treasury Secretary, Timothy Geithner's message this week will be similar to the one he delivered to Chinese officials a month ago: your investments in the United States are safe. Geithner is expected to repeat assurances that the government's soaring budget deficits will not trigger a devastating bout of inflation that sinks the value of the dollar and foreigners' holdings.
Geithner will travel to Europe, Middle East next month to discuss global economic issuesJune 23rd, 2009 Geithner plans trips to Europe and Middle EastWASHINGTON — Treasury Secretary Timothy Geithner will travel to the Middle East and Europe next month for a series of meetings to discuss global economic issues. The Treasury Department said Tuesday that Geithner will meet with officials in Britain, Saudi Arabia, the United Arab Emirates and France to discuss the global economic downturn and financial crisis before a leaders' summit of the Group of 20 nations in September in Pittsburgh.
Geithner says Chinese officials support US strategy to fight global downturnJune 2nd, 2009 Geithner: China backs efforts to fight downturnBEIJING — The global economy is showing "early signs of stabilization" due to action by the United States and China to end its worst slump in decades, Treasury Secretary Timothy Geithner said Tuesday. The two governments announced they would launch new high-level talks the week of July 27, reviving a dialogue carried on under the former U.S.
China, US to resume high-level economic, foreign policy discussions in Washington in JulyJune 2nd, 2009 China, US to resume high-level, annual discussionsBEIJING — U.S. Treasury Secretary Timothy Geithner concluded his reassurance tour of China on Tuesday, telling leaders of the country that holds the largest share of America's debt that U.S.
Geithner says US financial system in substantially better shape, economy more stableMay 31st, 2009 Geithner sees hopeful signs in US economyBEIJING — U.S. Treasury Secretary Timothy Geithner says the U.S.
Geithner, on trip to Beijing, says US wants to develop closing working relationship with ChinaMay 31st, 2009 Geithner says US wants closer ties with ChinaBEIJING — U.S. Treasury Secretary Timothy Geithner says he wants to develop the same kind of close working relationship with China that the U.S.
Gold prices dip as remarks from Treasury Secretary Geithner spur buying on Wall StreetApril 21st, 2009 Gold prices dip as stocks move higherNEW YORK — Gold prices are slightly lower as stocks gain ground. Oil prices are flat, while grain prices are up.