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In the United States, rising gasoline prices have left consumers with less money to spend but underlying inflation across all goods and services is still modest
Geithner upbeat despite oil shock Mar 04, 2011
The president took decisive action today [Tuesday] to add force to his call for Bashar Assad to step down by imposing far-reaching sanctions targeting the entire government of Syria and its energy sector
U.S. imposes more sanctions on Syria Aug 30, 2011
Minister Lagarde's exceptional talent and broad experience will provide invaluable leadership for this indispensable institution at a critical time for the global economy
IMF names Lagarde madame chairman Jun 28, 2011
The risk is that future recessions could be more severe because the financial system would not have the capital to support mortgage lending on an adequate scale
Geithner: Change needed in mortgage market Aug 17, 2010
It's possible you're going to have a couple months where (the unemployment rate) goes up
Unemployment holds at 9.5 percent Aug 06, 2010
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.