WASHINGTON, Jan 31- The chief of a group of more than 200 CEOs said on Thursday that President Barack Obama had told the business community last month he might back a territorial tax system, which could exempt offshore corporate profits from U.S. taxation.
Following is a list of nominations thus far along with some Cabinet members who the White House has confirmed are staying on, and some important positions that are vacant or may soon become vacant.
WASHINGTON, Jan 25- Timothy Geithner, who steps down as U.S. Geithner had been viewed as a top candidate to replace current Fed chief Ben Bernanke, whose second four-year term as chairman of the U.S. central bank ends on Jan. 31, 2014.
Treasury Secretary Timothy Geithner prepares to step down on Friday, former colleagues are posing awkward questions about an allegation he leaked information on a planned interest rate cut when he led the New York Federal Reserve Bank.
WASHINGTON, Jan 23- The top Republican tax writer in the U.S. House of Representatives is close to releasing a draft on ways to revamp corporate taxes levied on complex financial products, a committee aide said on Wednesday.
Jan 22- Allegations that Timothy Geithner, then head of the New York Federal Reserve, may have told banks ahead of time about a surprise policy move in 2007 underscores the pressing case for reform to safeguard the integrity and independence of the central bank.
WASHINGTON, Jan 18- In the summer of 2007, as storm clouds gathered over the world's financial system, then-New York Federal Reserve President Timothy Geithner allegedly informed the Bank of America and other banks about the possibility the U.S. central bank would lower one of its critical interest rates, according to a senior Fed official.
WASHINGTON, Jan 18- Top policymakers at the Federal Reserve felt for most of 2007 that problems in housing and banking were isolated and unlikely to tear down the U.S. economy as they ultimately did.
NEW YORK, Jan 18- As the United States teetered on the edge of financial crisis in 2007, one prescient voice within the Federal Reserve was all but silenced when he warned that problems at Wall Street bank Bear Stearns were not contained and posed "enormous risk."
WASHINGTON, Jan 18- Top policymakers at the U.S. Treasury Secretary Timothy Geithner, then president of the New York Federal Reserve Bank, said during an emergency telephone call on Aug. 10 of that year that most of Wall Street was still doing fine. Similarly, Fed Chairman Ben Bernanke underestimated the risks of a looming financial blow-up.
In what some call the "reverse Volcker moment," Ben Bernanke has become the first head of a central bank for decades to announce he will target a 6 percent level of unemployment alongside his inflation objective.
LONDON, Jan 15- Copper prices hit two week lows on Tuesday as investors grew concerned about a looming battle in Washington over the government's borrowing limit, and about the cloudy outlook for demand from top consumer China.
*Raises stakes with White House news conference. At a White House news conference called to promote his position on the budget, Obama vowed not to trade cuts in government spending sought by Republicans in exchange for raising the borrowing limit.