Content Tagged As treasury_secretary
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Senate confirms Lew as Treasury secretary
February 27, 2013 8:49 PM
WASHINGTON (AP) - The Senate confirmed Jacob "Jack" Lew to be Treasury secretary, affirming President Barack Obama's choice of a budget expert at a time when Congress and the White House are at odds over sharp government spending cuts. The Senate voted 71-26 to support the nomination. Lew, 57, had... more » -
Geithner says he will stay at Treasury
August 7, 2011 4:12 PM
WASHINGTON (AP) - Timothy Geithner has told President Barack Obama that he will remain on the job as Treasury secretary. The Treasury Department released a statement Sunday saying Geithner had informed the president of his decision to remain in the administration. Geithner is the only remaining top official on... more » -
Geithner says economy improved from a year ago
February 2, 2010 12:38 PM
Treasury Secretary Tim Geithner says the nation's economy is stronger than it was a year ago, yet the government must continue to act to stimulate job growth. Geithner told the Senate Finance Committee Tuesday that the Obama administration is trying to balance the desire to add jobs with the... more » -
Federal deficit hits $1.38 trillion in August
September 11, 2009 3:49 PM
The federal deficit surged higher into record territory in August, hitting $1.38 trillion with one month left in the budget year. The soaring deficits have raised worries about the willingness of foreigners to keep purchasing Treasury debt. The Chinese, now the largest foreign owners of U.S. Treasury securities, have... more »
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