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Wed July 25, 2012
Geithner Defends Response To LIBOR Scandal
Originally published on Wed July 25, 2012 5:29 pm
Treasury Secretary Timothy Geithner was on Capitol Hill Wednesday to talk about the implementation of Dodd Frank. But the questions focused on why the New York Fed, under Geithner, didn't act more aggressively when it first learned about possible manipulation of a key interest rate.