Submit a Story!
Geithner Says China Manipulating Its Currency
Timothy F. Geithner’s comment, made in writing to the Senate Finance Committee, is certain to anger the Chinese government and raise fears that it could sell off some of its huge reserves of dollars. >
Live-Blogging the Geithner Confirmation Hearing
dealbook.blogs.nytimes.com — Tuesday's presidential inauguration may have mesmerized the nation, but today's confirmation hearing of Timothy F. Geithner, President... Obama's nominee to be Treasury secretary, is expected to captivate Wall Street. (more) Live-Blogging the Geithner Confirmation Hearing
A word about Timothy Geithner
jamesfallows.theatlantic.com — I recognize that dealing with the world financial/economic crisis is the most important next thing the Obama... Administration has to do. Without detailed knowledge, I am willing to accept that Geithner is a crucially well-prepared member of the team ... (more) A word about Timothy Geithner
Geithner and Summers Against Nationalization
Geithner and Summers Against Nationalization
yglesias.thinkprogress.org — Obama administration seems determined to stay away from nationalizing banks : Explicit nationalization of financial companies has... little support among key Obama officials, sources said. Treasury Secretary Timothy F. Geithner and top White House ... (more) Geithner and Summers Against Nationalization
Comments
Blog Reactions

Senate Finance Committee Geithner vote 18-5: Meet your B.O. Republicans
Michelle Malkin — ... Here they are: Mr. Geithner’s abilities and credentials were never at issue , and even those conservative Republicans who differ with Mr. Geithner ideologically said they were glad to support him. “I’m not sure he comes from where I come from, but he’s the president’s nominee,” said Senator Mike Crapo, Republican of Idaho. Senator Orrin G. Hatch, Republican of Utah, said he was sure Mr. Geithner was “a person of great integrity, even though he’s made these mistakes,” an allusion to the back-taxes issue. Mr. Hatch praised Mr. Geithner as “non-ideological, which to me is very ...

Stop the "presses"?
¡No Pasarán! — Shock, horror, alert The Hague: Timothy F. Geithner, who took a big step toward confirmation as Treasury secretary on Thursday, told senators that the Obama administration believes China is "manipulating" its currency, suggesting a more confrontational trade stance toward that country than under the Bush administration.The article then goes on to detail nothing in terms of background on the issue or how this "manipulation" may or may not be happening. Putting aside the factless article and the sheer ...

1/23: This Wasn't What We Had In Mind...
Blogometer — ... quotient just a bit more? Claiming he stole the election helps, which helps explain why Coleman is persisting in a quixotic legal bid that no one gives any serious chance of succeeding. The facts of the matter are irrelevant. When all of this is said and done, conservatives will be convinced through and through that this Senate seat was stolen. And that makes for pretty good villainy." GEITHNER: Secretary Tax Cheat Conservative bloggers are upset that the Senate Finance Cmte voted to recommend Geithner for confirmation: THOUGHT OF THE DAY: Fallows On Geithner ...

U.S. Trade Deficit Graphs
Calculated Risk — “President Obama — backed by the conclusions of a broad range of economists — believes that China is manipulating its currency.” Treasury Secretary nominee Tim Geithner, Jan 22, 2009I'm just thinking about some trades issues, and here a few graphs that might be helpful: Click on graph for larger image. The first graph shows the monthly U.S. exports and imports in dollars through November 2008 (most recent data). The recent rapid decline in foreign trade is clear. Note that a large portion ...

Related Content
News Analysis: China Jittery About Obama Amid Signs of Harder Line
nytimes.com 1/24/2009 — Timothy F. Geithner’s assertion that China manipulates its currency isn’t the only sign that an Obama administration may take a harder line toward Beijing. >
Geithner
nytimes.com 1/14/2009 — President-elect Barack Obama with his choice for Treasury secretary, Timothy F. Geithner, in Washington early this month.
Geithner
nytimes.com 1/31/2009 — President-elect Barack Obama with his choice for Treasury secretary, Timothy F. Geithner, in Washington early this month.
China calls for new global currency
news.yahoo.com 3/25/2009 — BEIJING China is calling for a new global currency to replace the dominant dollar, showing a growing assertiveness on revamping the world economy ahead of next week's London summit on the financial crisis. The surprise proposal by Beijing's central ...
Geithner and Republicans
corner.nationalreview.com 1/22/2009 — Gingrich says Republicans should oppose him. I'm inclined to agree. There are three counter-arguments: His offenses were no big deal; he is the best Treasury secretary we are likely to get from this administration; and Republicans should not give ...
Geithner 'open' to China proposal
politico.com 3/25/2009 — Geithner, at the Council on Foreign Relations, said the U.S. is "open" to a headline-grabbing proposal by the governor of the China's central bank, which was widely reported as being a call for a new global currency to replace the dollar, ...
Report: China Suggests New Reserve Currency
calculatedriskblog.com 3/24/2009 — Update: here is the essay in English (ht Comrade Coinz) From the Financial Times: China calls for new reserve currency China’s central bank on Monday proposed replacing the US dollar as the international reserve currency with a new global system ...
Geithner Wins Confirmation
nytimes.com 1/27/2009 — Timothy F. Geithner was sworn in as Treasury secretary after a 60-34 Senate vote. >
What Geithner Still Needs To Do
tpmcafe.talkingpointsmemo.com 2/10/2009 — Tim Geithner had to do two things this morning: (1) raise public confidence in the whole idea of bailing out the banking system, enough to allow the administration to use the second $350 billion Congress has already authorized without too much ...
Rebecca MacKinnon: Dear President Obama: in Talking to China, Remember its People
huffingtonpost.com 1/28/2009 — Dear President Obama, Welcome to U.S.-China relations! You didn't even mention China in your inaugural address, but the Chinese censors still took it personally. Treasury Secretary Tim Geithner's remarks in his confirmation hearing about currency ...
Geithner passes committee, 18-5First Read 1/22/2009
From NBC's Carl SearsThe Senate Finance Committee approved Treasury Secretary nominee Tim Geithner by an 18-5 vote. The nomination now moves to the full Senate. Three Republicans on the panel voted for him: Hatch, Cornyn, Snowe. Five ...
GOP opposition to Geithner's nominationFirst Read 1/22/2009
From NBC's Ken Strickland At least two -- maybe three -- Senate Republican on the Senate Finance Committee have said they will NOT support Tim Geithner's nomination for Treasury Secretary. The comments were made moments ago in a committee ...
A split on torture in Obama admin?First Read 1/22/2009
From NBC's Domenico MontanaroThough much of the focus is on the news being made at the State Department and the evident foreign policy shift from the previous administration to this one, there was also some news made on Capitol Hill at the hearing for ...
Blair Won't Define WaterboardingWSJ.com: Politics And Policy 1/22/2009
Obama's nominee as director of national intelligence declined to say whether waterboarding is torture, marking a fissure with attorney general nominee Eric Holder, who said that it is.
Reid says Geithner will win Senate approvalReuters: Politics 1/23/2009
WASHINGTON (Reuters) - President Barack Obama's pick to head the Treasury, Timothy Geithner, won Senate Finance Committee backing on Thursday, putting him on track to start directing the new administration's efforts to stabilize the economy.  ...