Timothy Geithner

Threatening not to raise the $14.3 Trillion Debt ceiling -- the amount of Debt the country is legally allowed to issue -- is "like playing with fire," Democratic Senator Charles Schumer said on NBC's "Meet the Press." "If we didn't renew the Debt…

Former Minnesota Gov. Tim Pawlenty speaks to members of the media, Friday, Jan. 14, 2011 during a Republican gathering in the Miami suburb of Coral Gables, Fla. Of next year's crop of likely GOP presidential contenders, only former Pawlenty i…

WASHINGTON – Former Minnesota Gov. Tim Pawlenty, a potential GOP Presidential Candidate in 2012, says he opposes raising the nation's Debt ceiling and is urging Republicans in Congress to do the same. Pawlenty says lawmakers should take ac…

WASHINGTON (AP) — Former Minnesota Gov. Tim Pawlenty, a potential GOP Presidential Candidate in 2012, says he opposes raising the nation’s Debt ceiling and is urging Republicans in Congress to do the same. Pawlenty says lawmakers shoul…

Rep. Ileana Ros-Lehtinen, the new chair of the House Foreign Affairs Committee, says the Obama Administration's decision to ease travel and remittances to Cuba "will not help foster a pro-democracy environment in Cuba. These changes wil…

Treasury Secretary Tim Geithner sent a letter to Congress last week in which he laid out the dire economic consequences should the Debt ceiling not get raised in the next month or so.  This alarm was not shared by The Economist, who pointed o…

The administration says Americans will start seeing the benefits of the Payroll Tax cut that President Barack Obama signed into law in their paychecks starting Friday. Treasury Secretary Timothy Geithner says the 2 percent decrease in the Payroll …

WASHINGTON (Reuters) - Chief financial officers from multinational companies meet with Treasury Secretary Timothy Geithner on Friday to air gripes about the tax code under which they pay the steepest rate in the industrialized world. Companies wa…