Timothy Geithner, U.s. Financial System Overhaul | featured news

Treasury's Geithner takes heat at hearing on Obama financial reform plan

Some senators criticize a plan that would give the Federal Reserve more power to police large companies.

 

Geithner to Propose Vast Expansion Of U.S. Oversight of Financial System

Geithner to Propose Vast Expansion Of U.S. Oversight of Financial System

Treasury Secretary Timothy F. Geithner plans to propose today a sweeping expansion of federal authority over the financial system, breaking from an era in which the government stood back from financial markets and allowed participants to decide how much risk to take in the pursuit of profit.

 

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