Lew Optimistic Budget Deal with Congress Can Be Reached
Treasury chief Jacob Lew, hopeful a budget deal can be reached, tells Congress to consider concessions already made in President Obama's $3.8 trillion spending plan.
Treasury Secretary
Lew Calls on Trade-Surplus Nations to Bolster Consumer Demand
Speaking in Berlin, U.S. Treasury Secretary Jack Lew on Tuesday urged countries with a trade surplus to introduce policies to help domestic consumption.
Treasury's Lew Sees Likelihood of Budget Deal
Treasury Secretary Jacob Lew says that he is optimistic that President Obama will be able to reach an agreement with Republicans in Congress to break a budget impasse.
The Great Geithner: Ex-Treasury Secretary Gets Bailout Book Deal
The former Treasury Secretary has an agreement with Crown Publishers, an imprint of Random House, Inc. Crown announced Thursday that Geithner's book, currently untitled, is scheduled for 2014 and will provide a "behind-the-scenes" account of the financial crisis.
Senate Confirms Jacob Lew as Treasury Secretary
The Senate confirmed Jacob Lew to be Treasury secretary, affirming President Barack Obama's choice of a budget expert at a time when Congress and the White House are at odds over sharp government spending cuts. Lew had most recently served as Obama's chief of staff.
Fiscal Cliff Deadline Nears With No Deal in Sight
President Barack Obama returns from Hawaii Thursday to the increasingly familiar fiscal cliff deadline showdown in the nation's capital, with even a stopgap solution now in doubt.
U.S. Treasury to Take Steps to Avoid Borrowing Limit
Treasury Secretary Timothy Geithner said in a letter Wednesday to congressional leaders that the department will use accounting measures to save approximately $200 billion, which could keep the government from reaching the limit for about two months.
7 Possible Replacements for Timothy Geithner
News reports said Treasury Secretary Geithner wanted to leave his post once debt negotiations were complete. With that milestone past, speculation now turns toward potential successors. The stakes are high, with unemployment at 9.2% and partisan theatrics as melodramatic as ever. Here are seven candidates that the president might do well to consider.
The Financial Landscape: Geithner Gossip Groundless
Citing unnamed sources, news outlets reported Thursday evening that Treasury Secretary Timothy Geithner might leave the Obama administration soon. In response to the rumors, Geithner insisted, "I live for this work.... I'm going to be doing it for the foreseeable future."
Treasury Secretary Geithner Hospitalized with Kidney Stones
U.S. Treasury Secretary Timothy Geithner was hospitalized Friday to undergo surgery for kidney stones, according to a MarketWatch report. Geithner, who was admitted into George Washington University hospital this morning, is expected to undergo surgery later today.
