Timothy Geithner
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JPMorgan chief Jamie Dimon is seeking advice from Lloyd Blankfein as he wrestles with the fallout from a big trading loss. Not long ago, he was the one offering guidance.
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*Lew: Citigroup bonus was in line with others in industry. WASHINGTON, Feb 13- Jack Lew, President Barack Obama's pick to be U.S. treasury secretary, on Wednesday defused heated questions from lawmakers about his work at Citigroup and managed to find common ground with critics over the need for tax reform.
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The top Republican lawmaker vetting Jack Lew to serve as Treasury secretary zeroed on his work at Citigroup as a possible conflict of interest.
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WASHINGTON, Feb 13- President Barack Obama's choice to be the next U.S. Tax reform took center stage at the Senate Finance Committee's confirmation hearing for Jack Lew, Obama's nominee to replace Timothy Geithner.
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*Lew: Citigroup bonus was in line with others in industry. Republicans on the Senate Finance Committee blasted Lew with questions about his investment in a fund linked to the Cayman Islands and his work at Citigroup, especially a $940,000 bonus he received just before the bank got a taxpayer-funded bailout.
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*Citigroup bonus, Cayman Island investments to come up. WASHINGTON, Feb 13- The top Republican lawmaker vetting Jack Lew to serve as the U.S. treasury secretary on Wednesday zeroed in on the nominee's work as an executive at Citigroup as a possible conflict of interest for a job that would make him the nation's chief financial regulator.
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*Citigroup bonus, Cayman Island investments to come up. WASHINGTON, Feb 13- Jack Lew, President Barack Obama's nominee to lead the U.S. Treasury Department, faces a grilling about a big bonus he received from Citigroup and his plans for the government's finances when he testifies before a Senate panel on Wednesday.
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Bridge disputes in Congress on taxes and spending. Shrink budget deficits. Manage tense economic ties with China. Press Europe to reduce debts while fighting a recession. Defend the U.S. financial overhaul law. Prevent a global currency war. And those are just the obvious challenges.
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Senator Jeff Sessions on Thursday warned that President Barack Obama's nominee for Treasury secretary could face a tough time winning confirmation if the White House did not clear up a dispute over the Medicare health program.
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Senator Jeff Sessions on Thursday warned that President Barack Obama's nominee for Treasury secretary could face a tough time winning confirmation if the White House did not clear up a dispute over the Medicare health program.
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Phil Orlando, Federated Investors chief equity strategist, shares his views on the outlook on the economy and market. And, Ben White, POLITICO, weighs in on former Treasury Secretary Tim Geithner's new book.
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WASHINGTON, Feb 6- Timothy Geithner, who played a lead role battling the global financial crisis both at the U.S. Geithner, who was the longest-serving member of President Barack Obama's economic team when he stepped down as secretary of the Treasury last month, is credited with helping to calm the financial storm that swept through Wall Street in 2007-2009..
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Rumors are swirling that Hewlett-Packard's board is debating to break up the company, and Timothy Geithner has announced he is writing a book, with CNBC's Jane Wells and Brian Shactman.
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Treasury Secretary Timothy Geithner is set to join the Council on Foreign Relations as a distinguished fellow, the New York- based policy think tank said on Wednesday. Geithner stepped down as President Barack Obama's treasury secretary on Jan. 25, handing the reins temporarily to his deputy, Neal Wolin.
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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.
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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.
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CNBC's John Harwood looks back on Treasury Secretary Tim Geithner's legacy and provides a preview of what he could be up to next. And Kayla Tausche takes a look at whether to see a resurgence of bailouts.
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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.
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Secretary Geithner's last day in office is today. It would be hard to find a public servant more misunderstood, writes this former Treasury official.
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To many, Geithner deserves credit for helping steady the banking system and helping restore investor confidence. Yet his toughest critics say his policies consistently favored big banks over struggling Americans.
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CNBC provides a look back at some of the highlights from Timothy Geithner's career as U.S. Treasury Secretary.