Why did he get the job?
1. He joined the Department of Treasury in 1988 and worked in three administrations for five Secretaries of the Treasury.
2. He served as the ninth president and chief executive officer of the Federal Reserve Bank of New York, where he began on November 17, 2003. In that capacity, he served as the vice chairman and a permanent member of the Federal Open Market Committee, the group responsible for formulating the nation's monetary policy.
3. He has a master’s in International Economics and East Asian Studiesfrom John's Hopkins University. He has studied Japanese and Chinese and has lived in East Africa, India, Thailand, China, and Japan.
Headlines:
1. Secretary Geithner Meets with India’s Leading Financial
Entreprenuers: Secratery Giethner met with a group of India's leading financial entrepenuers along with representatives from American financial institutions to launch a partnership to guide economic cooperation. They discussed new policy and technology to expand banking access to the ever expanding Indian population. This included cell-phone banking which is becoming more popular in India.
2. Secretary Geithner's Meeting with Vice Premier Wang Qishan: The two sides exchanged views on U.S.-China economic relations, the global economic situation and issues relating to the upcoming economic track dialogue of the second U.S.-China Strategic and Economic Dialogue, to be held in Beijing in late May.
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