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Alston & Bird LLP | USA | 24 Sep 2010

Financial Stability Oversight Council to hold first meeting on October 1

Today, Treasury Secretary Geithner, who serves as chairperson to the Financial Stability Oversight Council, announced that the Council will hold its first meeting on October 1, 2010.

Article

Alston & Bird LLP | USA, Global | 24 Jun 2010

U.S. outlines goals for upcoming Toronto Summit, as EU leaders issue open letter to G-20 leaders

On Tuesday, in advance of the G-20 Summit to be held in Toronto this weekend, U.S. Treasury Secretary Timothy Geithner and Director of the National Economic Council Larry Summers published an op-ed in the Wall Street Journal outlining their agenda at the Toronto Summit and “highlighting the importance of the G-20 in building a united approach to global economic recovery."

Article

Alston & Bird LLP | USA | 7 May 2010

Financial Crisis Inquiry Commission continues hearings on shadow banking system

Yesterday, the Financial Crisis Inquiry Commission (FCIC) held the second of a two-day hearing entitled "The Shadow Banking System."

Article

Alston & Bird LLP | Global | 26 Apr 2010

IMF and World Bank conclude spring meetings in Washington

In connection with the Spring 2010 IMF-World Bank meetings in Washington D.C. this weekend, the IMF's International Monetary and Financial Committee (IMFC) and the Development Committee (the joint ministerial committee of the Boards of Governors of the IMF and the World Bank) issued communiqués summarizing the conclusions of their respective meetings.

Article

Alston & Bird LLP | USA | 14 Jan 2010

House Republicans pressure the Obama administration to address Fannie Mae and Freddie Mac

Yesterday, Treasury Secretary Geithner received a letter from House Republicans demanding the restructuring of Fannie Mae and Freddie Mac.

Article

Alston & Bird LLP | USA, Global | 18 Nov 2009

Secretary Geithner testifies before the Senate Foreign Relations Committee on the role of the G-20 in the global economy

Yesterday, Treasury Secretary Geithner appeared before the Senate Foreign Relations Committee.

Article

Alston & Bird LLP | USA | 14 Oct 2009

President Obama reaffirms support for the creation of the Consumer Financial Protection Agency

Last Friday, President Obama speaking in the White House East Room before several distinguished members of the Administration including Treasury Secretary Geithner, FDIC Chairman Bair and members of Congress reflected upon the Administration’s present efforts regarding consumer financial protection reform and reaffirmed his support for the creation of the Consumer Financial Protection Agency ("CFPA").

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