On the recordOctober 5, 2011
The things that are burdening the economy, making growth weaker are things that only Congress can solve.
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congress.govThe things that are burdening the economy, making growth weaker are things that only Congress can solve.
Geithner stresses Congress's role in addressing economic challenges.
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More from Tim Geithner
You cannot effectively oversee a financial system without much better information than we had access to before the crisis.
One of the most important things the Congress did is to say, 'We're going to establish a level playing field across banks and nonbanks.'
It's critically important. I'll give you an example of how to--if the Congress extends those tax cuts that go to 2 percent of the most fortunate Americans in the country, we have to go borrow $1 trillion over 10 years.
The TARP bank investments have already produced a profit for the taxpayer of over $19.5 billion.