Timothy F. Geithner

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Chinese President Hu Jintao (left) shakes hand with U.S. Treasury Secretary Timothy F. Geithner during the opening ceremony of the U.S.-China Strategic and Economic Dialogue at the Diaoyutai state guesthouse in Beijing on Thursday, May 3, 2012. (AP Photo/Vincent Thian)

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U.S. Treasury Secretary Timothy F. Geithner and Japan's Finance Minister Jun Azumi confer at the IMF/World Bank spring meetings in Washington on Saturday. The U.S. has not pledged more money for the IMF's fund used for loans to troubled nations. (Associated Press)

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U.S. Treasury Secretary Timothy F. Geithner speaks at a meeting of the G-20 in Mexico City. He wants the EU to provide more debt-crisis stabilizing funds. (Associated Press)

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**FILE** Treasury Secretary Timothy F. Geithner testifies Feb. 16, 2012, on Capitol Hill before the House Budget Committee hearing on President Obama's fiscal 2013 federal budget. (Associated Press)

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** FILE ** Treasury Secretary Timothy F. Geithner testifies on Capitol Hill in Washington on Tuesday, Feb. 14, 2012, before the Senate Finance Committee hearing on President Obama's fiscal 2013 federal budget. (AP Photo/J. Scott Applewhite)

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Timothy F. Geithner (Associated Press)

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** FILE ** Richard Cordray, assistant director of enforcement for the Consumer Financial Protection Bureau (CFPB), listens as Treasury Secretary Timothy F. Geithner (not pictured) speaks to the media on Thursday, Dec. 1, 2011, in Washington, to encourage Congress to approve Mr. Cordray's nomination to head the CFPB. (AP Photo/Jacquelyn Martin)

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Secretary of State Hillary Rodham Clinton and Treasury Secretary Timothy F. Geithner announced new sanctions against Iran on Monday for the purpose of pressuring Tehran to halt its suspected nuclear weapons program. The Treasury Department also named the Central Bank of Iran as a primary money-laundering "concern." (Associated Press)

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ASSOCIATED PRESS 'GREAT MOMENT': Treasury Secretary Timothy F. Geithner said on CBS' "Face the Nation" that the administration wants "the biggest deal possible" on debt reduction.

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Illustration: Treasury Secretary Timothy F. Geithner by Alexander Hunter for The Washington Times

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WORKING TOGETHER: Treasury Secretary Timothy F. Geithner and Chinese Vice Premier Wang Qishan wait as documents are exchanged during a signing ceremony on Tuesday in the Cash Room of the Treasury Department in Washington during the U.S.-China Strategic and Economic Dialogue meetings. (Associated Press)