Pastor’s Anti-Gay Remarks Stir Inauguration Controversy, Taibbi Blasts Government Lies, and More

Tracy Bloom / Truthdig Jan 11, 2013 A look at the day's political happenings, including CNN interrupting Joe Biden's gun control presentation to report on another school shooting and a heated on-air argument between MSNBC's "Morning Joe" co-hosts. Dig deeper ( 3 Min. Read )

Obama Picks Next Treasury Secretary, Jon Stewart Weighs In on Guns, and More

Tracy Bloom / Truthdig Jan 10, 2013 A look at the day's political happenings, including AIG's decision on whether to join a lawsuit against the government over the financial crisis bailout and the White House's response to a petition to deport Piers Morgan. Dig deeper ( 3 Min. Read )

Pick Paul Krugman, Mr. President

Alexander Reed Kelly / Truthdig Jan 6, 2013 The Nobel Prize-winning economist and public advocate is at the top of every liberal’s wish list for President Obama’s second-term Cabinet appointments. Dig deeper ( 2 Min. Read )

Geithner Eyes the Exit

Staff / Truthdig Jan 26, 2012 If you saw the broadcast of Tuesday's State of the Union address, you might have caught Treasury Secretary Timothy Geithner looking a little uneasy on his perch next to a solemn Secretary of State Hillary Clinton, which could have something to do with the state of his position at the White House. Dig deeper ( 1 Min. Read )

Paulson Tipped Hedge Funds About Market Meltdown

Staff / Truthdig Nov 29, 2011 Back in July of 2008, when most of us were still blissfully ignorant about the approaching economic apocalypse, then-Treasury Secretary Henry Paulson was very aware of some important market distress signals, and he chose to share some of those with an elite group of financial executives, Bloomberg reported Tuesday. Dig deeper ( 2 Min. Read )

Geithner Denies Signaling His Departure

Staff / Truthdig Jul 1, 2011 Treasury Secretary Timothy Geithner denied in an interview with former President Bill Clinton recent reports that he was considering stepping down from his post after Congress hammers out an agreement on the federal debt limit later this summer. (more) Dig deeper ( 2 Min. Read )

The Big Guy’s on Our Side

Robert Scheer / Truthdig Sep 29, 2010 Paul Volcker, or the "big guy," as President Barack Obama refers to the former Federal Reserve chair who heads his Economic Recovery Advisory Board, nailed it in a series of blistering remarks on the sorry state of our economy.Paul Volcker, or the "big guy," as President Barack Obama calls him, nailed it in a series of blistering remarks on the sorry state of our economy. Dig deeper ( 3 Min. Read )

Two More Candidates for the McChrystal Treatment

Robert Scheer / Truthdig Jul 7, 2010 It's not working. Time for the president to concede that the economy is at best stagnating and at worst about to take another steep nose dive. Dig deeper ( 3 Min. Read )

Rep. Cummings Wants Geithner to Testify About N.Y. Fed-AIG E-Mails

Staff / Truthdig Jan 8, 2010 Back in 2008, when Treasury Secretary Timothy Geithner was just the lowly president of the New York Federal Reserve, he was involved in some interactions with embattled insurance giant AIG that apparently resulted in AIG withholding important information from the public. Now Geithner's under pressure from at least one concerned member of Congress to testify about this matter. Dig deeper ( 1 Min. Read )

Geithner Gives TARP an Extension

Staff / Truthdig Dec 10, 2009 The Troubled Asset Relief Program, otherwise known as TARP, was scheduled to expire at the end of this year, but Treasury Secretary Timothy Geithner told Congress on Wednesday that it'll stick around until October 2010, partly as a precautionary measure in case of economic emergency and partly to help struggling homeowners, banks and small businesses. Dig deeper ( 1 Min. Read )

Cashing In on ‘Government Sachs’

Robert Scheer / Truthdig May 6, 2009 We are so inured to tales of business corruption that even a devastating exposé in The Wall Street Journal no longer shocks us. The fact that the chairman of the New York Federal Reserve Bank made millions off his secret purchase of Goldman Sachs stock has barely registered a blip of outrage. Dig deeper ( 3 Min. Read )

Geithner Calls for More Authority After AIG Mess

Staff / Truthdig Mar 24, 2009 In testifying before Congress on Tuesday, Treasury Secretary Timothy Geithner asked for what he called "new resolution authority" to grant the federal government the ability to more successfully take on financial institutions like AIG (ie, non-banks) in the future. Dig deeper ( 2 Min. Read )