Wednesday, April 7, 2010 as of 11:14 AM ET
Timothy Franz Geithner (; born August 18, 1961) is an American economist, central banker, and civil servant.
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Bernie Sanders of Vermont will introduce a bill Tuesday that would prohibit bankers from serving on the board of directors at Federal Reserve regional banks.Sanders, who helped lead the charge to establish audits of the Federal Reserve under the Dodd-Frank financial system overhaul, has recently renewed his criticism of conflicts-of-interest at the central bank."The recent trading loss of more than $2 billion at J.P. Morgan Chase underscores the need to structurally reform the Federal Reserve System," Sanders wrote in a May 16 letter to other senators explaining his legislation. The lawmaker said last week that J.P. Morgan Chase & Co. (JPM) CEO James Dimon's presence on the New York Fed board points to "blatant conflicts of interest" in the central bank's structure.Sanders' bill, which is co-sponsored by Democratic Sens. Barbara Boxer of California and Mark Begich of Alaska, would block any banking executives from serving on or selecting any members of the Fed system's...Top U.S. regulators are scheduled to meet Tuesday to discuss the latest market developments, a Treasury Department official said Wednesday.Treasury Secretary Timothy...
FBN’s Diane Macedo breaks down the stories moving the markets around the world.
Former Presidential candidate Herman Cain on Mitt Romney’s campaign and the need to reduce government spending and reform the tax code.
FBN's Cheryl Casone breaks down mid-afternoon market news.
FBN's Tracy Byrnes breaks down afternoon market news.
House Speaker John Boehner (R-Ohio) has set lawmakers toward another clash over increasing the debt ceiling, maintaining last summer's Republican demand for the next...
The FBI has opened a probe into trading losses at JPMorgan Chase & Co,hat manages about $250 million."It's really shocking because JPMorgan has been known as the mos...
JPMorgan Chase & Co's (NYSE:JPM) shareholders backed their embattled Chief Executive Jamie Dimon at the bank's annual shareholders meeting on Tuesday, voting against...
U.S. Treasury Secretary Timothy Geithner on Tuesday said the U.S. was gradually pulling out of its economic woes and said America's ability to deal with budget probl...
Treasury Secretary Timothy Geithner on Tuesday said the U.S. economy is gradually getting stronger, with areas of strength broadening. "We are doing a lot of the rea...
A group of chief executives--many from electric utilities--on Wednesday came out against the Obama administration's plan to raise taxes on dividends and capital gain...
Sen. Chuck Grassley, (R-Iowa), on the debate over how to pay for the extension of student loan interest rate.
Former Gov. Mike Huckabee, (R-Ark.), on the impact of government spending on the economy.
Former AIG CEO Hank Greenberg on efforts to increase regulations on the financial sector, particularly after J.P. Morgan’s losses.
Treasury Secretary Timothy Geithner Thursday called assertions that he has been resistant to tough new financial rules "ridiculous."The former president of the Feder...
FBN’s Gerri Willis on how government spending impacts the economy.
Treasury Secretary Timothy Geithner Thursday said J.P. Morgan Chase & Co. (JPM) Chief Executive James Dimon's seat on the board of the Federal Reserve Bank of New Yo...
FOX Business's Peter Barnes is reporting that Democrats want to introduce legislation to "reimpose" taxes on people who renounce US citizenship and bar their reentry...
Treasury Secretary Timothy Geithner and J.P. Morgan Chase & Co. (JPM) Chief Executive James Dimon met in early March to discuss a new rule restricting commercial ban...
