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
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.