Top Dems Fought Petty Turf War
WASHINGTON -- From unpopular wars to the ailing economy, Secretary of State Hillary Clinton and Treasury Secretary Timothy Geithner had their pick of ...
WASHINGTON -- From unpopular wars to the ailing economy, Secretary of State Hillary Clinton and Treasury Secretary Timothy Geithner had their pick of ...
Robert Scheer | Posted 05.17.2012
Even after it was known that Jamie Dimon's bank blew more than $2 billion on the same suspect derivatives trading that has bankrupted the world's economy, Barack Obama still had praise for the intellect of his political backer and the integrity of the bank he heads.
Richard (RJ) Eskow | Posted 05.16.2012
The Summiteers convened in a nation wracked by unemployment and filled with crumbling schools and bridges. There they concluded that our most urgent problem is ... government deficits. That's like preaching about water conservation when your house in on fire.
HuffingtonPost.com | Ryan Grim | Posted 05.15.2012
WASHINGTON -- Peter Peterson, a Wall Street billionaire who has been calling for cuts to Social Security and other government programs for years, is h...
William Bradley | Posted 05.04.2012
The whole thing is very odd. It all highlights what a conundrum that leaders from Washington to California face in dealing with the challenges and opportunities presented by a clearly ascending and not very well understood China.
Richard (RJ) Eskow | Posted 05.04.2012
Here's a walk down memory lane that's worth taking: Three years ago Tim Geithner was in the position of having to explain why the Federal government wasn't going to nationalize the nation's failing banks. In 2009 many people expected that to be part of the government's bank rescue plan.
Richard (RJ) Eskow | Posted 04.26.2012
The real problem is this: As long as bankers know they won't be prosecuted for committing crimes they'll commit them again.
Robert Kuttner | Posted 04.16.2012
Does Ben Bernanke deserve the accolade bestowed in the April Atlantic magazine cover profile, "The Hero?" Not entirely. But if you look at Bernanke over the past ten years, what you see more than anything else is a learning curve on matters of regulation.
Reuters | Posted 04.16.2012
WASHINGTON, April 15 (Reuters) - A proposal to impose at least 30 percent income tax on Americans making more than a million dollars a year will not...
HuffingtonPost.com | Elise Foley | Posted 04.15.2012
WASHINGTON -- Treasury Secretary Timothy Geithner threw water on one of GOP presidential hopeful Mitt Romney's claims about the economy and women, say...
Reuters | Posted 04.15.2012
WASHINGTON, April 15 (Reuters) - The U.S. economy is in a better position to deal with high gasoline prices, Treasury Secretary Timothy Geithner sai...
HuffingtonPost.com | Amanda Terkel | Posted 04.13.2012
WASHINGTON -- The Treasury Department is worried that the high political cost of some of its key economic intervention programs -- most notably, the b...
Richard (RJ) Eskow | Posted 04.11.2012
DeMarco's still an unelected ideologue with too much power, and he still needs to go. But yesterday, he finally spoke up. To anyone with the right political or emotional closed-captioning device the message was loud and clear: Don't rush me, Mr. President -- and find yourself another fall guy.
The Huffington Post | Mark Gongloff | Posted 04.10.2012
Americans have always kind of hated bank bailouts, but that hatred seems to be getting hotter with time -- which is a headache for President Obama, wh...
Reuters | Posted 04.05.2012
CHICAGO, April 4 (Reuters) - U.S. Treasury Secretary Timothy Geithner said on Wednesday that Americans can't let fear of future deficits stymie nece...
AP | MARTIN CRUTSINGER | Posted 05.19.2012
WASHINGTON — The U.S. Treasury Department has sold off the final portion of $225 billion in mortgage-backed securities it purchased during the h...
Reuters | Posted 05.15.2012
* U.S. faces choice in how to keep expansion going * Oil prices a worry, need to keep eye on Iran * Europe's actions hav...
Robert Kuttner | Posted 04.27.2012
Paul Volcker deserves better. In the hands of Tim Geithner's Treasury, the Rule named for Volcker supposedly limiting speculative mischief by government-guaranteed banks is fast becoming a cumbersome parody of itself.
HuffingtonPost.com | Sam Stein | Posted 02.24.2012
WASHINGTON -- One of President Barack Obama's former top advisers is taking issue with his portrayal in a new book exploring the economic team's inter...
The Huffington Post | Bonnie Kavoussi | Posted 02.14.2012
If you're feeling upset while filing your taxes this year, knowing that super-rich Americans like Mitt Romney could be paying a lower tax rate, Treasu...
HuffingtonPost.com | Sam Stein | Posted 02.14.2012
WASHINGTON -- As policy pursuits go, none has had more consequence for the Obama administration than the stimulus: Not only did the American Recovery ...
The Huffington Post | Bonnie Kavoussi | Posted 02.03.2012
In many ways, it's too early to pass many judgments on Dodd-Frank. U.S. financial regulators said in a report released on Thursday that it is still...
Howard Steven Friedman | Posted 04.03.2012
The following conversation did not take place... but wouldn't it have been interesting if it did? Geithner: Glad I found you. We really need to talk...
Robert Kuttner | Posted 03.30.2012
Given the administration's feeble record on prosecutions to date, the critics are right to flag the likelihood that people like Attorney General Eric Holder and SEC enforcement chief Robert Khazumi will try to sandbag Eric Schneiderman. But they shouldn't underestimate him.
Leo Hindery, Jr. | Posted 03.11.2012
The latest noteworthy example of China's protection of its industries -- and its 'rest of the world be damned' behavior -- is it's allowing its steel industry to duck yet another global environmental initiative.
HuffingtonPost.com | Max J. Rosenthal | Posted 05.18.2012