U.S. Seeks Power to Deal with Financial Crisis

232 views · Published 25 March 2009 · 1:57 · Indexed 20 September 2026

Channel: Voice of America · 2009 · News & Politics

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Treasury Secretary Timothy Geithner called on Congress Tuesday to grant him broad new powers to regulate big financial companies such as AIG.  Secretary Geithner brought up the issue at a Congressional hearing on the financial crisis.  As expected, controversial bonuses paid to AIG employees were front and center at Tuesday's hearing. VOA's Mil Arcega has more.

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