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Timothy F. Geithner (born August 18, 1961) is the 9th president of the Federal Reserve Bank of New York. In that role he also serves as Vice Chairman of the Federal Open Market Committee (FOMC). Full Article
WASHINGTON, DC - FEBRUARY 16: U.S. Treasury Secretary Timothy Geithner (C) greets Senate Budget Committee ranking member Sen. Jeff Sessions (R-AL) (2nd R) and Sen. Rob Portman (R-OH) (L) before a hearing about the Obama Administration's FY2013 federal budget on Capitol Hill February...
View Photo »Treasury Secretary Timothy Geithner, left, talks with House Budget Committee Chairman Rep. Paul Ryan, R-Wis. , on Capitol Hill in Washington, Thursday, Feb. 16, 2012, after Geithner testified before the committee's hearing on President Barack Obama's fiscal 2013 federal budget.
View Photo »Treasury Secretary Timothy Geithner waits to testify on Capitol Hill in Washington, Thursday, Feb. 16, 2012, before the House Budget Committee hearing on President Barack Obama's fiscal 2013 federal budget.
View Photo »WASHINGTON, DC - FEBRUARY 15: U.S. Treasury Secretary Timothy Geithner participates in a House Ways and Means Committee hearing on February 15, 2012 in Washington, DC. Geithner testified about U.S. President Barack Obama's 2013 federal budget.
View Photo »US Treasury Secretary Tim Geithner (L) shakes hands with Chinese Vice President Xi Jinping (R) during a US/China business roundtable at the US Chamber of Commerce in Washington, DC, February 14, 2012.
View Photo »Chinese Minister of Foreign Affairs Yang Jiechi (R) speaks with US Treasury Secretary Tim Geithner (L) during a US/China business roundtable at the US Chamber of Commerce in Washington, DC, February 14, 2012.
View Photo »Chinese Vice Minister of Commerce Gao Hucheng (L) speaks with US Treasury Secretary Tim Geithner (R) during a business roundtable at the US Chamber of Commerce in Washington, DC, February 14, 2012.
View Photo »WASHINGTON, DC - FEBRUARY 14: U.S. Treasury Secretary Timothy Geithner (2R) greets Sen. Charles Grassley (R-IA) (R) as Sen. Max Baucus (D-MT) (L) and Sen. Orrin Hatch (R-UT) arrive before Geithner was to testify in front of the Senate Finance Committee February 14, 2012 in...
View Photo »WASHINGTON, DC - FEBRUARY 14: U.S. Treasury Secretary Timothy Geithner testifies before the Senate Finance Committee February 14, 2012 in Washington, DC. Geithner testified on U.S. President Barack Obama's 2013 federal budget, which was released yesterday.
View Photo »WASHINGTON, DC - FEBRUARY 14: U.S. Treasury Secretary Timothy Geithner speaks with members of his staff as he arrives for testimony before the Senate Finance Committee February 14, 2012 in Washington, DC. Geithner testified on U.S. President Barack Obama's 2013 federal budget, which...
View Photo »US Treasury Secretary Timothy Geithner testifies before a Senate Finance Committee hearing on 'The President's Budget for FY2013' at the Senate Dirksen Office Building in Washington, DC, on February 14, 2012. Geithner urged Congress to do more to help the nation's ranks of unemployed...
View Photo »Treasury Secretary Tim Geithner, left, greets Chinese Vice President Xi Jinping as Chinese Foreign Minister Yang Jiechi is seen at center as they participate in a U.S.-China discussion with business leaders at the U.S. Chamber of Commerce in Washington, Tuesday, Feb. 14, 2012.
View Photo »Treasury Secretary Tim Geithner arrives ahead of Vice President Joe Biden and Chinese Vice President Xi Jinping at a U.S.-China discussion with business leaders at the U.S. Chamber of Commerce in Washington, Tuesday, Feb. 14, 2012.
View Photo »Treasury Secretary Timothy Geithner testifies on Capitol Hill in Washington, Tuesday, Feb. 14, 2012, before the Senate Finance Committee hearing on President Barack Obama's fiscal 2013 federal budget.
View Photo »House Budget Committee Chairman Rep. Paul Ryan, R-Wis. presides over the committee's hearing with Treasury Secretary Timothy Geithner, on President Barack Obama's fiscal 2103 federal budget, Thursday, Feb. 16, 2012, on Capitol Hill in Washington.
View Photo »US Treasury Secretary Timothy Geithner looks down as he speaks during a press conference at the Treasury building February 2, 2012 in Washington, DC.
View Photo »U.S. Treasury Secretary Timothy Geithner pauses during a news conference on the state of financial reform at the Treasury Department in Washington February 2, 2012. Geithner on Thursday warned against easing up on efforts to set stronger rules for the financial sector for fear that...
View Photo »U.S. Treasury Secretary Timothy Geithner speaks during a news conference on the state of financial reform at the Treasury Department in Washington February 2, 2012.
View Photo »US Treasury Secretary Timothy Geithner speaks during a press conference at the Treasury building February 2, 2012 in Washington, DC.
View Photo »US Treasury Secretary Timothy Geithner speaks during a press conference at the Treasury building on February 2, 2012 in Washington, DC. Geithner spoke about financial reform in 2012, saying more details are to come in the spring on the efforts by the administration of US President...
View Photo »Treasury Secretary Timothy Geithner gestures a news conference at the Treasury Department in Washington, Thursday, Feb. 2, 2012, to discuss financial overhaul.
View Photo »US Treasury Secretary Timothy Geithner speaks at the World Economic Forum (WEF) in the congress center of the Swiss resort of Davos, on January 27, 2012. The third day of the elite gathering will also focus on events in the wider Middle East with an address from Hamadi Jebali, the...
View Photo »US Secretary of the Treasury Timothy Geithner (L) addresses on January 27, 2012 participants at the World Economic Forum (WEF) in the congress center of the Swiss resort of Davos. Key policy-makers from Europe and the United States thrashed out ideas for pulling the eurozone out of its...
View Photo »US Secretary of Treasure Timothy F. Geithner talk about US Economy during a plenary session at the 42nd annual meeting of the WEF in Davos, Switzerland, Friday, Jan. 27, 2012. The meeting lasts until Jan. 29.
View Photo »U.S. Treasury Secretary Timothy Geithner attends a session at the World Economic Forum (WEF) in Davos, January 27, 2012.
View Photo »WASHINGTON, DC - FEBRUARY 16: U.S. Treasury Secretary Timothy Geithner (C) greets Senate Budget Committee ranking member Sen. Jeff Sessions (R-AL) (2nd R) and Sen. Rob Portman (R-OH) (L) before a hearing about the Obama Administration's FY2013 federal budget on Capitol Hill February...
View Photo »We just don't see troubling signs yet of collateral damage and we are not expecting much
They call it the ‘New Arrangements to Borrow’ and [Treasury Secretary] Timothy Geithner, I really think, downplayed it and said ‘it’s just available, just in case, we really don’t have any plans for it,’
We want to see those emerging market currencies that are undervalued continue to appreciate against the major currencies, against the dollar, the yen and the euro
When finance minister Pranab Mukherjee went to Washington in June, US treasury secretary Timothy Geithner said he wants to see progress in reforms in banking, insurance and multi-brand retail. Similarly, Britain had said it wants India to open up the multi-brand retail sector
The leaders of Europe appear to be making some progress in containing their crisis
Tim Geithner — what the hell was that?
We welcome and support the actions taken by central banks around the world today to help ease pressure on the European financial system and help foster the global economic recovery.
Our strategy is to make the case as compelling as we can
It makes no sense for us to run a country where in effect there's two Americas for consumer protection ... There's a much higher standard for consumer protection for people who do business with banks, but much weaker standards of protection and enforcement for people who do business with entities that a...
It makes no sense to run a system like that ... The longer we wait to confirm a director, the more we’re leaving millions of Americans who don’t do business with banks vulnerable … that’s not something we find acceptable.
Even with all the damage caused by this crisis, with millions of Americans still struggling to find work or stay in their homes, and even in the face of the European crisis, we are seeing a determined effort to slow and weaken reforms
Even with all the damage caused by this crisis, with millions of Americans still struggling to find work or stay in their homes, and even in the face of the European crisis, we are seeing a determined effort to slow and weaken reforms that are critical to our ability to protect Americans from another cr...
If these efforts to weaken reform are successful, then consumers will be more vulnerable to future abuse, businesses will be more vulnerable to future contractions in credit availability caused by financial mistakes, and the economy will be more vulnerable to devastating crises
If the opponents of reform are successful, then we will be left with a broken, poorly designed system of financial oversight and protection, with inadequate resources to prevent and deter abuse
Even in the face of the European crisis, we are seeing a determined effort to slow and weaken reforms that are critical to our ability to protect Americans from another crisis
But we will keep pursuing it, and we can do a lot better than we have done to date
With millions of Americans still struggling to find work...and even in the face of the European crisis, we are seeing a determined effort to slow and weaken reforms that are critical to our ability to protect Americans from another crisis
We are seeing a determined effort to slow and weaken reforms that are critical to our ability to protect Americans from another crisis
Extending and expanding the payroll tax cut through 2012 will mean bigger paychecks for millions of workers, stronger economic growth and the opportunity for more Americans to get back to work
It is very important for people to understand that the United States of America and no country around the world can devalue its way to prosperity and competitiveness. It is not a viable, feasible strategy and we will not engage in it.
Even if you take a very conservative, pessimistic estimate of the ultimate cost of resolving this crisis for Europe, it is completely within the capacity of the stronger members of the euro area to absorb those costs
We’re facing a very consequential debate about some fundamental choices as a country.
