Treasury Secretary, Timothy Geithner | featured news

President Obama is ready for difficult concessions to reach a deficit deal, but GOP lawmakers must first commit to higher tax rates on the rich and specify what additional spending cuts they want in a deal to avoid the looming "fiscal cliff," Treasury Secretary Timothy Geithner said.

Treasury Secretary Timothy Geithner said on Wednesday that the United States was far behind on reforming the country's housing finance system where the government's mortgage buyers Fannie Mae and Freddie Mac provide funding for the bulk of U.S. home loans.

Treasury Secretary Timothy F. Geithner says he's "confident" he won't be serving a second term, even if President Obama is reelected.

Economic growth has gained some strength but remains too slow and would benefit from passage of a package of job proposals that congressional Republicans have blocked, Treasury Secretary Timothy Geithner said on Saturday.

Treasury Secretary Timothy Geithner -- and other White House officials -- are challenging a new book that slams President Obama's economic t ...

The secretary's decision not to leave means President Obama can avoid a Senate confirmation fight to fill the post during a time of financial turmoil. Treasury Secretary Timothy F. Geithner will not be stepping down, ending speculation that the key Obama administration advisor was preparing to resign.

Republican lawmakers are stepping up pressure on the Obama administration to craft a Plan B just in case budget talks fall through and the debt ceiling remains frozen past the Aug. 2 deadline Treasury Secretary Tim Geithner has set.

Treasury Secretary Timothy Geithner said Monday that he will immediately halt investments in two big government pension plans so the government can continue to borrow money....

Treasury Secretary Timothy Geithner warned in a letter to Congress that failure to raise the $14.294 trillion debt ceiling would drive up interest rates, push down household wealth, put more pressure on federal entitlement programs and cause a double-dip recession.

Treasury Secretary Timothy Geithner is telling Congress that the Obama administration wants Congress to approve legislation overhauling Fannie ...