For the first time, Fed officials have offered an account that differs significantly from the versions that, for many, have hardened into history.» Read More
Critics of the former Treasury secretary's move to private equity fail to pinpoint what he is doing that's so bad, writes POLITICO's Ben White.
Former Treasury Secretary Timothy Geithner will join private equity firm Warburg Pincus. CNBC's Steve Liesman provides perspective.
Former Treasury Secretary Timothy Geithner has taken a job as president of the private equity firm Warburg Pincus.
Gary Kaminsky, Vice Chairman, Wealth Mgmt at Morgan Stanley says tapering is not truly indicative on when interest rates will go up.
President Barack Obama's safest choice is Janet Yellen but keeping Ben Bernanke could still be a possibility, said Tony Fratto, former White House press secretary.
Happy Wednesday. It's chilly out here in the East, so we've brewed up a hot toddy six-pack to warm us all up:
There is a "horrible whispering campaign in Washington" against Federal Reserve Vice Chair Janet Yellen for the top job, former FDIC chair Sheila Bair told CNBC.
President Obama is in the process of interviewing three candidates for the position at the helm of the central bank: Larry Summers, Janet Yellen, and a dark horse, Donald Kohn.
President Obama pushed back against criticism of his former economic adviser Lawrence Summers, who is seen as a leading candidate to become the new chairman of the Federal Reserve.
Arthur Cashin, UBS, shares his thoughts on the Fed chairman's likely successor. There's no doubt Summers is brilliant, he says, but he's no "consensus builder."
The Treasury secretary has managed to stay mostly in the background during his first few months in office. That may be about to change as a new debt ceiling battle heats up.
Stephanie Mehta, Fortune Magazine, and Ben White, POLITICO, discusses which companies made Fortune's "Global 500" list of the world's largest companies, as China continues adding to the list.
Tim Geithner, the former US Treasury secretary, has been elevated to the highest rank of public speakers after receiving about $400,000 for three speaking engagements.
The White House has assembled a short list of candidates to succeed Federal Reserve Bank chairman Ben Bernanke, and U.S. Treasury Secretary Jack Lew is running the search.
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.
As the Fed meets this week, all eyes are on Bernanke as Wall Street is buzzing that he will be leaving soon. Who will take his seat? Here's the one name that keeps coming up.
Janet Yellen is seen as a logical candidate to succeed the Federal Reserve chief Ben Bernanke, but critics remain wary of her stance on inflation.
After Portugal's rejection of the cost-cutting measures on which its bailout package depends, Invesco Perpetual's chief economist has added his voice to the anti-austerity camp, warning it could lead to "almost endless depression".
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.
The top Republican lawmaker vetting Jack Lew to serve as Treasury secretary zeroed on his work at Citigroup as a possible conflict of interest.