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 says G-20 nations broadly support US plan to promote more balanced growthSeptember 24th, 2009 Geithner expresses optimism for deal on growthPITTSBURGH — Treasury Secretary Timothy Geithner says the United States has a lot of support from other Group of 20 nations to move toward more balanced global growth. Geithner expressed optimism that the G-20 leaders meeting in Pittsburgh will endorse the broad outlines of a U.S.
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: 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: 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.
Treasury Secretary Timothy Geithner says administration's stimulus plan is on 'expected path'July 10th, 2009 Geithner: Stimulus on 'expected path'WASHINGTON — Treasury Secretary Timothy Geithner says the administration's plan to stimulate the economy by spending billions on construction and other local projects is on the "expected path."
Geithner defended the stimulus plan Friday after Florida Republican Rep. Bill Posey asked where the government's plan went wrong, because unemployment remains high.
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 defends plan to increase financial oversight, bolster powers of the FedJune 18th, 2009 Geithner defends plan to step up oversightWASHINGTON — Treasury Secretary Timothy Geithner says it is clear that the government could have done more to prevent the economic downfall. In prepared testimony, Geithner says that gaps and weaknesses in the regulatory framework governing banks and other financial institutions "presented challenges" to the government's ability to monitor and address risky market bets.
Geithner: Federal Reserve is best suited to be super financial regulatorJune 18th, 2009 Geithner: Fed best suited for super regulator roleWASHINGTON — Treasury Secretary Timothy Geithner says the Federal Reserve is best suited to become a super-regulator that would oversee financial firms so big and influential that their failure could topple the economy. Some lawmakers want to give the job to a council of regulators.
Geithner says administration committed to maintaining confidence of global investorsJune 2nd, 2009 Geithner seeks to reassure global investorsBEIJING — Treasury Secretary Timothy Geithner says the Obama administration is committed to doing everything possible to maintain investor confidence in U.S. financial markets.
Geithner says policy in US and China will be critical to repairing global economyJune 1st, 2009 Geithner says global recession losing forceBEIJING — Treasury Secretary Timothy Geithner said Monday that the global recession seemed to be losing force but that it will be critical for the United States and China to institute major economic reforms to put the world on a more sustained footing. Geithner said that a successful transition to a more balanced and stable global economy will require substantial changes to economic policy and financial regulation around the world and especially in the world's largest and third largest economies.
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.
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.
US seeks to build same relationship with China as it enjoys with G-7 countriesMay 31st, 2009 Geithner calls for closer economic ties with ChinaBEIJING — After years of acrimonious economic relations with China, the U.S. insists it wants to turn the page and develop closer ties with the world's third largest economy.
Geithner will travel to Beijing in early June for meeting with senior Chinese officialsMay 12th, 2009 Geithner headed to China in early JuneWASHINGTON — The administration says Treasury Secretary Timothy Geithner will travel to Beijing early next month for meetings with senior Chinese officials. It will be Geithner's first trip to China since he became Treasury secretary.