Former U.S. Treasury Secretary Timothy Geithner asked a judge to block a demand by McGraw Hill Financial Inc. and its Standard & Poor’s unit for information tied to their claim that the U.S. sued the companies in retaliation for a downgrade of government debt.
Standard & Poor’s said President Barack Obama met with Treasury Secretary Timothy Geithner just before Geithner warned the company to expect a response to its downgrade of U.S. debt, an event that justifies its request to see White House communications to help defend fraud claims.
Timothy Geithner’s memoir will explain his decisions during the global financial crisis, tackle any misperceptions and describe surviving a political firestorm from Wall Street to Main Street, he said.
Jeffrey Zients made tens of millions of dollars building consultancies, helped bring Major League Baseball back to Washington and salvaged Obamacare’s rollout. He also counted Nelson Mandela among his wedding guests.
Standard & Poor’s shouldn’t get to see communications among White House officials including President Barack Obama to try to back its claim that the U.S. sued the company to retaliate over a government debt downgrade, the Justice Department said.
Treasury Secretary Jacob J. Lew, scolded on the international stage last year for the U.S. debt- limit impasse, returns to Group of 20 talks positioned to play his job’s traditional role of chief promoter of faster growth and more jobs.
Former U.S. Treasury Secretary Timothy Geithner told McGraw Hill Financial Inc. Chairman Harold W. McGraw III in 2011 that Standard & Poor’s downgrade of the U.S. debt would be met by a response, S&P said.