Content Tagged As treasury_secretary_timothy_geithner
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Treasury to release corporate tax plan Wednesday
February 21, 2012 8:44 PM
WASHINGTON (AP) - The Obama administration will propose lowering the current 35 percent corporate tax rate, while at the same time eliminating loopholes and subsidies and imposing a minimum tax on the overseas profits of American companies. Administration officials said the Treasury Department on Wednesday will detail aspects of President... more » -
Treasury secretary says economy may have slowed
July 24, 2011 6:38 PM
WASHINGTON (AP) - Treasury Secretary Timothy Geithner says the economy may have slowed during the second quarter of the year, but he's looking for it to pick up. The economy grew at a rate of 1.9 percent from January to March. The April-to-June figures for the gross domestic product... more » -
Treasury Secretary embroiled in controversy
January 7, 2010 1:53 PM
The Federal Reserve Bank of New York pressed American International Group to withhold details of controversial deals that funneled billions in bailout money to Goldman Sachs and other banks. E-mails show lawyers representing the New York Fed asked AIG to remove the information from a draft financial disclosure. Treasury Secretary... 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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