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Senate committee approves Lew

Senate committee approves Lew

WASHINGTON, Feb. 26 (UPI) -- The Senate Finance Committee approved Jack Lew as the next U.S. treasury secretary.

Lew's banking background is managerial -- dull, but confirmable

A nomination hearing for Jack Lew, a former Citigroup manager, to serve as U.S. treasury secretary would seem to offer a unique perspective on bank bailouts.
ANTHONY HALL, United Press International

Where austerity hurts

The Congressional Budget Office said this week new policies would pinch spending among the rich and the poor.
ANTHONY HALL, United Press International

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Markets close mixed ... RBS to pay $613 million for Libor fixing ... Trade group sues olive oil producer ... Motorcycle sales rose in 2012 ... Former treasury secretary lands a job ... News from United Press International.
Former treasury secretary lands a job

Former treasury secretary lands a job

NEW YORK, Feb. 6 (UPI) -- A think-tank in New York announced its most recent hire is former U.S. Treasury Secretary Timothy Geithner.

The status quo

Asking how Tim Geithner did as the U.S. treasury secretary, one week after he has stepped down, is a question of tone and detail.
ANTHONY HALL, United Press International

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Debt ceiling delay gets Senate OK

WASHINGTON, Jan. 31 (UPI) -- The U.S. Senate followed the House's lead Thursday and approved a temporary suspension of the U.S. debt ceiling, averting yet another fiscal showdown.

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Stocks climb Friday ... Verizon, AT&T in wireless spectrum deal ... Appeals court reduces Bratz judgment ... Geithner: 'Not a chance' on Fed job ... Volkswagen sets up Super Bowl ad ... News from United Press International.
Geithner: 'Not a chance' on Fed job

Geithner: 'Not a chance' on Fed job

WASHINGTON, Jan. 25 (UPI) -- Departing U.S. Treasury Secretary Timothy Geithner said Friday he would not accept an invitation to serve as the chairman of the Federal Reserve.
President Obama leads conga line at inaugural-ball after-party

President Obama leads conga line at inaugural-ball after-party

WASHINGTON, Jan. 23 (UPI) -- U.S. President Barack Obama led a conga line and did the electric slide at an inaugural-ball after-party at the White House, the New York Post said.

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Obama nominates 4 for Cabinet

Obama nominates 4 for Cabinet

WASHINGTON, Jan. 22 (UPI) -- U.S. President Barack Obama Tuesday sent the Senate four Cabinet nominations in the first step to reshape his administration for his second term.

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Obama would sign debt limit suspension

WASHINGTON, Jan. 22 (UPI) -- President Obama would sign a Republican-backed measure suspending the U.S. debt ceiling through mid-May if it lands on his desk, a spokesman said Tuesday.
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Photos
Timothy Geithner
(L to R) International Monetary Fund (IMF) Managing Director Dominique Strauss-Kahn, U.S. Treasury Secretary Tim Geithner, and French Finance Minister Christine Lagarde talk after the G-20 Meeting of Finance Ministers and Central Bank Governors gathered for a group photo during the International Monetary Fund and World Bank Spring Meetings in Washington on April 23, 2010. UPI/Alexis C. Glenn
Wiki

Timothy Franz Geithner (pronounced /ˈɡaɪtnər/; born August 18, 1961) is an American economist, central banker, and civil servant. He is the 75th and current United States Secretary of the Treasury, serving under President Barack Obama. He was previously the president of the Federal Reserve Bank of New York.

Geithner's position includes a large role in directing the Federal Government's spending on the late-2000s financial crisis, including allocation of $350 billion of funds from the Troubled Asset Relief Program enacted during the previous administration. At the end of his first year in office, he continued to deal with multiple high visibility issues, including administration efforts to restructure the regulation of the nation's financial system, attempts to spur recovery of both the mortgage market and the automobile industry, demands for protectionism, President Obama's tax changes, and negotiations with foreign governments on approaches to worldwide financial issues.

Geithner was born in New York City, but spent most of his childhood in other countries, including present-day Zimbabwe, Zambia, India, and Thailand where he completed high school at the International School Bangkok. He attended Dartmouth College, in the tradition of his father and paternal grandfather, graduating with an A.B. in government and Asian studies in 1983. In the process he studied Mandarin at Peking University in 1981 and at Beijing Normal University in 1982. He earned an M.A. in international economics and East Asian studies from Johns Hopkins University's School of Advanced International Studies in 1985. He has studied Mandarin and Japanese.

This article is licensed under the GNU Free Documentation License.
It uses material from the Wikipedia article "Timothy Geithner."
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