Geithner: Stimulus Working, Derivatives Blindsided Government

Geithner: Stimulus Working, Derivatives Blindsided Government

WASHINGTON — Despite persistently high unemployment, Treasury Secretary Timothy Geithner said Friday the Obama administration's economic stimulus plan is on the "expected path." "There's been substantial improvements in arresting what was the worst recession globally we've seen in generations," Geithner told lawmakers Friday. Geithner's remarks came amid waning public support for President Barack Obama's economic policies.

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