Ep 20. An Hour With Timothy Geithner
- Not Rated
- January 28, 2011
Timothy Geithner, the 75th United States Secretary of the Treasury, sits down for an hour-long interview with Charlie Rose in season 19 episode 20 of the eponymous show. Geithner discusses his time serving under both Presidents George W. Bush and Barack Obama, including his role in the government's response to the 2008 financial crisis.
Geithner shares his experiences as head of the Federal Reserve Bank of New York during the financial crisis, discussing the unprecedented steps taken by the government to stabilize the economy and prevent a complete collapse. He also discusses the controversial decision to bail out banks and financial institutions, acknowledging the public's anger and frustration with Wall Street.
Throughout the interview, Geithner provides insight into the workings of the government during times of crisis, specifically during his time as Secretary of the Treasury. He discusses the challenges faced in navigating Congress and working with multiple stakeholders to implement policies and programs aimed at stimulating the economy and preventing further financial turmoil.
In addition to his role in addressing the financial crisis, Geithner touches on his experience working with foreign governments and the international financial community. He discusses the importance of global cooperation in addressing economic challenges, including the ongoing impact of the crisis on Europe and the Eurozone.
Geithner also reflects on his personal experiences working in government and the impact it had on his family. He shares intimate anecdotes about his upbringing and the influence of his parents, both of whom worked for the Ford Foundation.
Throughout the interview, Geithner comes across as thoughtful and candid, discussing both successes and failures of government policy during his time in office. He provides insight into the complexities of the financial system and the work required to navigate the government bureaucracy in addressing significant economic challenges.
An Hour With Timothy Geithner is an informative and engaging interview that sheds light on the inner workings of government and the financial system during a time of crisis. Geithner's experiences provide valuable lessons for those interested in economics and finance, as well as anyone curious about the role of government in responding to complex issues.