Carney Says Suskind's Book Is Filled With Fabrications

White House Press Secretary, Jay Carney, says that Ron Suskind’s new book, “Confidence Men: Wall Street, Washington and The Education of A President,” has many incorrect facts, a certain passage was plagiarized from Wikipedia and the overall analysis is wrong (1:11).

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Geithner: US Will Turn To World Bank For Assistance In Middle East

Secretary of the Treasury Timothy Geithner discusses the integral role of organizations like the World Bank in providing assistance to countries like Egypt and Tunisia. (0:20)

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Economic Support In Egypt, Tunisia As Important As Political, Says Geithner

Secretary of the Treasury Timothy Geithner talks about the importance of economic support of Middle Eastern countries at a hearing Wednesday. (0:23)

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UK, Germany Are Good Economic Models, Says Geithner

Secretary of the Treasury Timothy Geithner makes an example of the way in which Germany and the UK have balanced budgets, while managing to increase investments in foreign assistance. (0:58)

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Geithner: International Institutions Vital To America's National Security

At a hearing Wednesday, Treasury Secretary Timothy Geithner emphasized the importance of international institutions like the World Bank in maintaining national security. (0:55)

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TARP Tax Is 'Responsible And Prudent,' Says Treasury Secretary

During his testimony before the Senate Finance Committee, Treasury Secretary Tim Geithner cast levying a tax on large financial institutions as a "responsible and prudent" step in offsetting the costs incurred through the Troubled Assets Relief Program (TARP). (0:15)

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TARP Tax A Way To 'Dig-Out' Of Financial Mess, Says Geithner

Treasury Secretary Tim Geithner cast levying a tax on large financial institutions as a significant step in offsetting the costs incurred through the Troubled Assets Relief Program (TARP).

“This was an expensive financial crisis. It caused a lot of damage to our long term fiscal position,” Geithner said Tuesday during his testimony before the Senate Finance Committee. (0:17)
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Geithner: We Need A Financial Services Oversight Council

Treasury Secretary Timothy Geithner proposes a Financial Services Oversight Council that would be comprised of the heads of all major financial regulatory agencies (0:26).
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Geithner: New Consumer Protection Agency Must Write And Enforce Rules

Treasury Secretary Timothy Geithner explains why the newly proposed Consumer Financial Protection Agency must have the authority to both write and enforce rules for consumer protection. (0:33).
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Geithner: Force of Economic Storm Weakening

Treasury Secretary Timothy Geithner explains what the current administration is doing to get the economy back on track. (0:37)
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Geithner: Challenges To Small Businesses

Treasury Secretary Timothy Geithner briefly reflects on the challenges that small businesses which have been reasonable with their borrowing still face. He separate their problems into two categories: those who were unlucky with their choice of bank, and those who are in an industry that typically suffers in times of recession. (0:28)
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Geithner:It's a difficult balance to get right

By Candyce Torres, University of New Mexico-Talk Radio News Service. Treasury Secretary Tim Geithner testifies before the Congressional Oversight Panel of the Troubled Asset Relief Program (TARP).
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"What did they know and when did they know it."

Coffee Brown, University of New Mexico, Talk Radio News

House Minority Leader John Boehner (R-Ohio), asked if Secretary of the Treasury Timothy Geithner should be dismissed over the AIG bonuses.
"The question is what did they know and when did they know it."
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Senators bump heads on the vote to nominate Timothy Geithner

by Christina Lovato, University of New Mexico-Talk Radio News Service

U.S. Senators debated in the Senate Finance Committee today as they gathered to vote on the nomination of Treasury Secretary-designee, Timothy Geithner to be Secretary of the Treasury. Geithner from 2001 to 2004 failed to pay $34,000 in Social Security and Medicare taxes while he worked for the International monetary fund.

Senator Carper (D-Del.) who voted for the nomination said “I would just remind all of us as we sit in judgement of this nominee or other nominees in the future, none of us is perfect.” said Carper. “In our positions we need to serve as role-models and we have to subscribe to a higher standard than most ordinary citizens and clearly he needs that, he needs to learn that lesson.” he concluded.

Other Senators didn’t believe in giving Geithner the benefit of the doubt such as Senator Enzi (R-Wyo.). “In previous years nominees that had made less serious errors in their taxes than this nominee have been forced to withdraw.” said Enzi. He went on to say that he wasn’t convinced Geithner is the right man for the job at hand.

Though the nomination for Geithner passed, the process continues, and Senator Kyl (R-Ariz.) who is the Republican Whip will have influence on the decision. Although Kyl believes Geithner has good instincts, he is still not getting his vote. “I very much wanted to support his nomination but at this point I don’t believe that the requisite candor exists for me to indicate my support for him with an affirmative vote.” said Kyl.

Yesterday, there was a 3 hour hearing on the nominee, with the full Senate Finance Committee voting on the nomination today. The Committee ended the meeting by voting 18-5 in favor of Geithner’s nomination.


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