Financial Stability Measures

Representatives spoke to the press after a meeting with Treasury Secretary Timothy Geithner about the the bank “stress test”… read more

Representatives spoke to the press after a meeting with Treasury Secretary Timothy Geithner about the the bank “stress test” process and other matters at the Department of the Treasury. Representative Larson said Secretary Geithner stressed the urgency of the economic situation and the need to act quickly. Representative Kennedy said Secretary Geithner talked about using an “insurance mechanism” for private money to be used to open up credit markets but with federal backing. close

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Financial Stability Measures

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Program ID:
284513-2
Category:
News Conference
Format:
Congressional News Conference
Location:
Washington, District of Columbia, United States