Timothy Geithner | featured news

President Barack Obama on Saturday stepped up his weeklong defense of much-criticized Treasury Secretary Timothy Geithner, saying he would not accept his resignation even if it was tendered.

Rep. Connie Mack III wants Geithner to step down.

President Obama and Treasury Secretary Tim Geithner on Monday will announce administration plans to make lending to small businesses more attractive, two senior administration officials said.

Markets rally on positive comments from Citi Chief Vikram Pandit and Treasury Secretary Tim Geithner.

The Obama administration announced new plans to make it easier for up to nine million people to rework or refinance their mortgages. Geithner said the Treasury is increasing its funding commitment to Fannie Mae and Freddie Mac.

Geithner acknowledged the government's missteps in dealing with the financial crisis, but he warned that unprecedented intervention is needed.

U.S. Treasury Secretary Timothy Geithner will lay out a bank-rescue plan on Tuesday that will rely on public and private funds to take $500 billion of bad assets off banks' books, sources said.

Mark Patterson, a former advocate for Goldman Sachs, will serve as chief of staff to Geithner.

Timothy Geithner takes oath as new treasury secretary after Senate votes 60-34 to confirm his nomination.

A Chinese central banker denounced accusations by U.S. Treasury Secretary-designate Timothy Geithner that China was manipulating its yuan currency, calling them misleading and warning against "excuses" for protectionism.