Reuters Photojournalism
Our day's top images, in-depth photo essays and offbeat slices of life. See the best of Reuters photography. See more | Photo caption
The SpaceX mission
A privately owned unmanned rocket blasts off on a mission to be the first commercial flight to the International Space Station. Slideshow
U.S. won't list systemically key firms: Geithner
WASHINGTON |
WASHINGTON (Reuters) - Treasury Secretary Timothy Geithner said in testimony prepared for delivery on Wednesday that the United States would not identify in advance financial firms that it views as systemically important.
"Crucially under our proposals, there will be no fixed list of Tier 1 FHCs (financial holding companies), and identification of a firm as a Tier 1 FHC will not convey a government subsidy," Geithner said in remarks to the House of Representatives' Financial Services Committee, which were posted on its website on Tuesday.
(Reporting by Alister Bull; Editing by Leslie Adler)
- Tweet this
- Link this
- Share this
- Digg this
- Reprints



Follow Reuters