Timothy Geithner
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If Fed Chairman Bernanke is not nominated again, who might likely take over? Neil Irwin, The Washington Post; Michael Santoli, Yahoo! Finance; Ben White, Politico; and Josh Boak, The Fiscal times, share their opinions.
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WASHINGTON-- The U.S. trade deficit likely widened in February for a second consecutive month, reflecting a rising foreign oil bill. The Commerce Department will release the report at 8:30 a.m. EDT Friday. In January, the deficit increased by a sharp 16.5 percent to $44.4 billion, as U.S. exports fell, reflecting declines in sales to Europe, China, Japan and Brazil.
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WASHINGTON, April 1- President Barack Obama announced on Monday he had chosen White House economic adviser Brian Deese to be deputy director of the Office of Management and Budget, confirming a Reuters report.
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WASHINGTON, April 1- President Barack Obama will announce on Monday he has chosen White House economic adviser Brian Deese to be deputy director of the Office of Management and Budget.
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WASHINGTON, April 1- President Barack Obama will announce on Monday he has chosen White House economic adviser Brian Deese to be deputy director of the Office of Management and Budget.
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If Fed Chairman Bernanke is not nominated again, who might likely take over? Neil Irwin, The Washington Post; Michael Santoli, Yahoo! Finance; Ben White, Politico; and Josh Boak, The Fiscal times, share their opinions.
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March 19- Unfair and a bungle it may be, but the plan to levy bank deposits in Cyprus does have its virtues. The levy is a good thing for Cyprus in two ways: it helps to protect future taxpayers; and it will tend to shrink the island's grossly distended financial services industry. To be clear, as originally proposed, the bailout of Cyprus banks is an outrage.
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March 19- Unfair and a bungle it may be, but the plan to levy bank deposits in Cyprus does have its virtues. The levy is a good thing for Cyprus in two ways: it helps to protect future taxpayers; and it will tend to shrink the island's grossly distended financial services industry. To be clear, as originally proposed, the bailout of Cyprus banks is an outrage.
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Treasury Secretary Jack Lew will press China to take "serious steps" to stop cyber attacks directed at the United States and urge the administration of new Chinese President Xi Jinping to accelerate economic reforms, a U.S. official said on Friday.
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Treasury Secretary Jack Lew will press China to take "serious steps" to stop cyber attacks directed at the United States and urge the administration of new Chinese President Xi Jinping to accelerate economic reforms, a U.S. official said on Friday.
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*Cabinet secretaries to visit China soon in separate visits. WASHINGTON, March 14- President Barack Obama took mounting U.S. concerns about computer hacking straight to China's president on Thursday in a sign of how seriously the United States takes the threat of cyber attacks emanating from China.
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*Cabinet secretaries to visit China soon in separate visits. WASHINGTON, March 14- President Barack Obama took mounting U.S. concerns about computer hacking straight to China's president on Thursday in a sign of how seriously the United States takes the threat of cyber attacks emanating from China.
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*Cabinet secretaries to visit China soon in separate visits. WASHINGTON, March 14- President Barack Obama took mounting U.S. concerns about computer hacking straight to China's president on Thursday in a sign of how seriously the United States takes the threat of cyber attacks emanating from China.
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*Cabinet secretaries to visit China soon in separate visits. WASHINGTON, March 14- President Barack Obama took mounting U.S. concerns about computer hacking straight to China's president on Thursday in a sign of how seriously the United States takes the threat of cyber attacks emanating from China.
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Are banks too big to jail? If there was any doubt about the answer to that question, the nation's attorney general last week blurted out what we've all known to be true but few inside the Obama administration have said aloud.
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*Lehman suing JPMorgan in $8.6 billion case. NEW YORK, Feb 28- The former JPMorgan Chase& Co trader known as the "London Whale" was not responsible for Lehman Brothers Holdings Inc's bankruptcy and should not be dragged into an $8.6 billion lawsuit accusing the largest U.S. bank of causing it, JPMorgan said.
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*Lehman suing JPMorgan in $8.6 billion case. NEW YORK, Feb 28- The former JPMorgan Chase& Co trader known as the "London Whale" was not responsible for Lehman Brothers Holdings Inc's bankruptcy and should not be dragged into an $8.6 billion lawsuit accusing the largest U.S. bank of causing it, JPMorgan said.
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WASHINGTON, Feb 27- The U.S. Senate on Wednesday confirmed Jack Lew as President Barack Obama's new Treasury secretary, putting the former White House chief of staff in the middle of political brawls over the government's budget.
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WASHINGTON, Feb 28- Jack Lew was sworn in as U.S. Treasury secretary on Thursday, a White House official said, after winning bipartisan support in the Senate. Lew, a budget expert and former chief of staff for President Barack Obama, was confirmed by the Senate on Wednesday with 20 Republicans voting for him.
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WASHINGTON, Feb 27- The U.S. Senate on Wednesday confirmed Jack Lew as President Barack Obama's new Treasury secretary, putting the former White House chief of staff in the middle of a bitter political fight over the government's budget. Some Republicans had expressed misgivings about Lew's perks from previous employers Citigroup and New York University.
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*Committee votes 19-5 to send nomination to full Senate. Treasury, Jack Lew, despite some concerns about his perks from previous employers, clearing the way for a confirmation vote in the full Senate. With the 19-5 vote, about half of the panel's 11 Republicans opposed Lew's nomination, which could be brought to the Senate floor for a final vote as early as Wednesday.