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Ex-Treasury Sec. Geithner expresses regret over 2008 finance crisis in new memoir

Former U.S. Treasury Secretary Timothy Geithner says he regrets not pushing for stronger financial safeguards ahead of the devastating 2008 crisis, according to reported excerpts of his new book. “Before the crisis, I didn’t push for the Fed in Washington to strengthen the safeguards for banks, nor did I push…

U.S. growing at 2-3 percent rate: Geithner

DAVOS, Switzerland (Reuters) – The U.S. economy is growing at 2-3 percent but still faces big challenges to repair damage wrought by the financial crisis, Treasury Secretary Timothy Geithner said on Friday. “I think if you look at the Fed’s forecast and the consensus of private forecasters, people are pretty…

Geithner says wouldn’t serve in an Obama 2nd term

WASHINGTON (Reuters) – Treasury Secretary Timothy Geithner said on Wednesday he would not expect to be asked to continue as Treasury chief if President Barack Obama wins re-election. “He’s not going to ask me to stay on, I’m pretty confident,” Geithner said during a Bloomberg television interview conducted in North…

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