Wednesday, July 25, 2012

Timothy Geithner again under fire on Capitol Hill, this time over Libor scandal

Treasury Secretary Timothy F. Geithner was back in the hot seat Wednesday.

One of President Obama’s most polarizing Cabinet officials, Geithner returned to Capitol Hill for the 66th time since taking office, this time defending himself against charges from House Republicans that he had failed to stop big banks from rigging a critical global interest rate four years ago.

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