treasury secretary

Noam Scheiber directs us to an interesting Politico assessment of how changes in the handling of Treasury Secretary Tim Geithner have boosted his reputation:
They [Geithner's advisers] decided to “let Tim be Tim” and accepted the fact that his strength wasn’t giving a speech in front of a bunch of flags. Rather, they let reporters see [...]

There’s been no absence of criticism leveled against Treasury Secretary Tim Geithner and the rest of the White House economic team after their Wall Street bailout strategy, unveiled last week, came up short on details and sent the Dow tumbling nearly five percent.
Today, The Washington Post today lends a nice glimpse into the reasons why [...]

Well, this doesn’t look too good, does it? A recent lobbyist for Goldman Sachs, Mark Patterson, is in line to become chief of staff to Treasury Secretary Timothy Geithner, ABC news reports. And more former lobbyists also are expected to be filling some key administration jobs as well. All this seems to fly in the [...]

Sometimes sorry seems to be the hardest word, but Treasury Secretary-nominee Timothy Geithner apologized profusely at his confirmation hearing today for underpaying $34,000 in taxes. And that seems to be enough to ensure he’ll get the job, the New York Times reports.

In an interview with ABC’s Charlie Gibson Thursday, Sen. John McCain said his “Homeownership Resurgence Plan” to allow the federal government to buy up bad debt from banks and allow people to refinance mortgages they can no longer pay, may require $300 billion in “new money.”
New money, as in, additional to the $700 billion [...]

MarketWatch takes a hard look at Republican nominee John McCain’s surprise proposal in last night’s debate to have the government buy up bad mortgages and renegotiate them.
If that idea sounded a little familiar, MarketWatch pointed out, that’s because the $700-billion rescue package already includes authority for the Treasury Dept. to do just that, if it [...]

Roger Ehrenberg worked on Wall Street for 17 years, and he’s been a supporter of Treasury Sec. Henry Paulson Jr. since he was named to the post. But at Information Arbitrage, Ehrenberg details how Paulson mismanaged the $700-billion bailout from a public-relations standpoint.
Paulson’s biggest mistakes? Asking for supreme powers and no judicial review. Failing to [...]

Politico’s Jonathan Martin nails the headline:
We’re All Socialists Now
Time to take a step back: A Republican president just sent out his Treasury secretary to announce the federal government will spend “hundreds of billions of dollars” to takeover a not-insignificant chunk of the economy.
From USA Today: