Timothy Geithner

JPMorgan CEO says Washington gridlock slowed US economy

Dimon said the economy would have grown faster without the Washington gridlock, but said he did not blame the government as it is elected by the people.

Onus on Pak to create environment for improving ties: FM

Addressing investors, analysts and business executives at the think-tank Council on Foreign Relations here yesterday, Finance Minister Arun Jaitley said Prime Minister Narendra Modi recently spoke to his Pakistani counterpart Nawaz Sharif.

US Treasury Secretary Jacob Lew to meet Arun Jaitley

In the last few years, the United States has taken a number of steps in taking actions against those hoarding money overseas, Swiss banks in particular.

Next 2-3 years 'very critical' for economic reforms: FM

During a discussion with president of investment firm Warburg Pincus and former US Treasury Secretary Timothy Geithner organised by the think tank Council on Foreign Relations, Jaitley said that his government has covered a "lot of distance" in the one year that it has been in power.

India's economic growth potential higher than 7-7.5%: FM

India's economy, Asia's third largest, is expected to grow 7.5 percent this year, according to the latest World Bank forecast, which would make it the world's fastest growing economy in 2015. The government has a growth forecast of 8.1-8.5 percent while the central bank has a 7.6 percent gross domestic product growth target.

Angry Geithner once warned S&P about US downgrade: Filing

Harold McGraw, the chairman of McGraw-Hill Financial Inc, made the statement in a declaration filed by S&P on Monday, as it defends against the government's USD 5 billion fraud lawsuit over its rating practices prior to the 2008 financial crisis.

Fed missed warning signs in 2007 as crisis gained steam

Top policymakers at the Federal Reserve felt for most of 2007 that problems in housing and banking were isolated and unlikely to tear down the US economy as they ultimately did.

Geithner may have alerted banks to rate cut: Fed officials

In the summer of 2007, as storm clouds gathered over the world's financial system, then-New York Federal Reserve President Timothy Geithner allegedly informed the Bank of America and other banks about the possibility the US central bank would lower one of its critical interest rates, according to a senior Fed official.

US could default by Feb if borrowing authority not extended

Warning US lawmakers that time is fast running out on the debt ceiling issue, Treasury Secretary Timothy Geithner has told the Congressional leadership that America could default by mid-February.

Timeline: Geithner's stormy tenure at US Treasury nears end

President Barack Obama will nominate White House chief of staff Jack Lew on Thursday to succeed Timothy Geithner as US Treasury secretary, according to a source familiar with the matter.

Geithner's planned departure puts Obama in tough spot

US Treasury Secretary Timothy Geithner's plans to leave near the end of January put the White House in a tricky spot, depriving the Obama administration of its longest-serving economic adviser for its next fiscal showdown with Congress.

US has reached borrowing limit of $16.4 trillion: Geithner

The US has reached its borrowing limit of USD 16.4 trillion forcing the government to employ "extraordinary measures" to avoid default, US Treasury Secretary Timothy Geithner informed the Congress on Monday.

Geithner warns: US hits debt ceiling on Dec 31

Treasury Secretary Timothy Geithner on Wednesday notified Congress that the U.S. is going to hit the debt ceiling on New Year's Eve.

Can't promise US won't go over fiscal cliff: Geithner

Treasury Secretary Timothy Geithner said that he "can't promise" that the United States won't go over so-called fiscal cliff, insisting it is up to congressional Republicans.

Obama's 'fiscal cliff' proposal: $1.6trn in tax increases

The White House is seeking USD 1.6 trillion in tax increases up front, as well as USD 50 billion in additional stimulus spending, as part of any "fiscal cliff" deal, Republican aides said Thursday as talks aimed at averting the economy-rattling cliff turned testy.

Geithner travels to Capitol for US 'fiscal cliff' talks

US Treasury Secretary Timothy Geithner, President Barack Obama's chief negotiator in talks to avert the "fiscal cliff," began a round of meetings with congressional leaders from both parties on Thursday amid signs the market-rattling uncertainty about the outcome could go down to the wire.