The U.S. financial system has regained its footing since the crisis
of a few years ago but is still threatened by instability in Europe and
uncertainty about taxes and spending at home, Treasury Secretary Timothy
Geithner will tell a House committee on Wednesday.
In offering his takeaway from the annual Financial Stability Oversight Council report, Geithner will highlight falling debt among financial companies and individual citizens, according to a copy POLITICO obtained of his prepared remarks for a House Financial Services Committee hearing. And he will challenge Congress to make policy choices sooner rather than later to give the financial sector a greater sense of stability.
In offering his takeaway from the annual Financial Stability Oversight Council report, Geithner will highlight falling debt among financial companies and individual citizens, according to a copy POLITICO obtained of his prepared remarks for a House Financial Services Committee hearing. And he will challenge Congress to make policy choices sooner rather than later to give the financial sector a greater sense of stability.
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