Treasury’s Geithner Gives Congress More Time on Debt Limit
In a letter to congressional leaders, Geithner said Monday that he can delay a default on the debt until Aug. 2, by using a series of bookkeeping maneuvers to keep the government running.
Follow the Leaders: The 2011 IA 25
In the nine years that Investment Advisor has published the IA 25, our editors’ judgment as to the 25 most influential people in and around the advisor community, we’ve never ranked the 25 in the order of their importance.
Obama Administration Lobbied S&P to Prevent Outlook Downgrade
Statements by senior administration officials belie eleventh hour maneuvering.
Geithner: U.S. at No Risk of S&P Downgrade
The Treasury secretary said he was confident the country would retain its AAA rating, adding that Republicans and Democrats are on board to lower deficit.
Geithner, Ryan Clash Over Government Debt Limit
Treasury Secretary Timothy Geithner said Sunday that Republicans had assured the president that they would raise the debt limit, but Rep. Paul Ryan, R-Wis., said that no such deal had been made and an increase in the debt limit would have to come as part of a deal on spending.
G20 Meeting in China Highlights Conflicts Over Currency
Financial leaders of the Group of 20 top economies appeared to reach informal agreement Thursday on the need for China's currency to have a wider role in global finance, but not as a substitute for the U.S. dollar.
At Financial Stability Council Meeting, Progress Claimed on Derivatives, Hedge Fund Regulation
Council finds "widespread, inexcusable breakdowns" in the mortgage foreclosure process.
Geithner Predicts Tax Cut Deal This Year
Geithner said Tuesday it is "quite likely" the White House and Congress will reach a deal by the end of the year.
G20, Small Biz and Consumer Sentiment: Advisor Briefing for the Week of Nov. 8, 2010
Following last week's double whammy of voting by the U.S. populace and quantitative easing by the Fed, this holiday-shortened week for some markets brings a breather.
Jon Stewart, Economic Advisor?
Probably not, but Bloomberg reported Wednesday that Treasury Secretary Timothy Geithner met with comedian Jon Stewart - off the record - in April.