Geithner faces GOP heat

Geithner faces GOP heat

WASHINGTON — Treasury Secretary Timothy Geithner faced heat from House Republicans Tuesday as he sought to defend President Barack Obama’s 2012 budget proposal. A day after the White House unveiled a budget plan for Congress to consider, Geithner faced the...
Bernanke: Reasons for optimism on economy

Bernanke: Reasons for optimism on economy

WASHINGTON — Testifying to Congress for the first time since Republicans took control of the House, Federal Reserve Chairman Ben Bernanke said Wednesday he’s confident with the Fed’s fiscal and monetary policies. But he was pressed hard in a series of tough...
Chamber’s focus in 2011: jobs

Chamber’s focus in 2011: jobs

Jobs are the top priority for the U.S. Chamber of Commerce this year. “In 2011, the chamber’s top priority will be to turn an economic recovery into a jobs recovery so that we can put Americans back to work,” said Thomas J. Donohue, the president and CEO of the U.S....