Timothy Geithner News
How Trump's Transition Compares to Recent Presidents
Naming cabinet appointees and a White House staff in the transition period can be a stressful, messy and even tumultuous process. Even though Trump has named a chief of staff, Reince Priebus, and chief strategist, former Breitbart chief Steve Bannon, his team has been plagued by disarray and
Treasury Nominee Mnuchin Was Trump's Top Fundraiser
Steven Mnuchin, President-elect Donald Trump's expected choice to be the nation's 77th treasury secretary, has had a long history as a successful financial executive and a shorter but significant period as head of Trump's campaign finance operation
The Note: Trump’s Cabinet Comes Together
NOTABLES --TRUMP OFFERS JEFF SESSIONS ATTORNEY GENERAL POSITION: Donald Trump has offered the position of U.S. attorney general to Alabama Sen. Jeff Sessions, senior Trump transition sources told ABC News. Sessions earned Trump's favor after becoming the first GOP senator to officially endorse the
Excerpt: Ben Bernanke's 'The Courage to Act'
Excerpted from The Courage to Act: A Memoir of A Crisis and Its Aftermath by Ben S. Bernanke. Copyright © 2015 by Ben S. Bernanke. With permission of the publisher, W. W. Norton & Company, Inc. All rights reserved. Prologue: I Can Still Stop This . . . It was 8:00 p.m. Tuesday, September 16, 2008.
Oil-Covered Legos Doom Toy Deal With Shell
Morning Money Memo: Lego will end its decades-long toy marketing partnership with Shell after facing a widely circulated campaign from the environmental group Greenpeace. A YouTube video protesting arctic drilling attracted millions of page views. The Greenpeace posting showed an arctic landscape
In Demand: Washington's Highest (and Lowest) Speaking Fees
Speaking engagements are a common way for people to drum up some extra income after long stints in public office or attempts to reach public office. But depending on how much they’re charging, and who’s paying, speaking fees often lead to intense public scrutiny and criticism for politicos looking
Excerpt: 'Stress Test' by Timothy Geithner
Reprinted from STRESS TEST by Timothy F. Geithner. Copyright © 2014. Published in the United States by Crown, a division of Random House LLC. By the summer of 2007, the subprime market was imploding. Borrowers with “no-doc loans” (without proof of income) and “liar loans”...
A Tea Party Test In Nebraska
By MICHAEL FALCONE (@michaelpfalcone) NOTABLES ANOTHER TUESDAY, ANOTHER PRIMARY DAY: Nebraska and West Virginia voters go to the polls today. The key race today is the GOP Senate primary in Nebraska and it is the tea party’s best shot at victory, but it’s not exactly a clear tea...
5 Stories You'll Care About in Politics Next Week
A Glimpse at Some of the Stories the ABC News Political Team Will Be Tracking