A Chinese delegation arrived here this past Saturday to attend the first round of the China-US Strategic and Economic dialogues. More than 100 Chinese officials, led by Vice Premier Wang Qishan and State Councilor Dai Bingguo, landed at the Andrews Air Force Base outside Washington, D.C., and were welcomed...

Treasury secretary Timothy Geitner defended the cornerstones of the administration’s financial regulation plan at a meeting of the House Financial Services committee on Friday morning. The Federal Reserve is to have certain of its functions taken over by a new consumer protection agency, while...

Treasury secretary Timothy Geitner went before the Senate banking committee on Thursday to explain the administrations plans on financial regulation, and was greeted with much skepticism. There is a great deal of criticism of the proposed regulations by not only congressional members, but throughout...

Citigroup (C Quote) and Bank of America (BAC Quote) are going to take time before they can become good investments for  the U.S. government. Paper losses run $3 billion and $2.2 billion respectively, based on the original strike price for the preferred shares bought by the U.S. Treasury and yesterday’s...