In an unusual twist of fate, the parents of Barack Obama and his pick for secretary of Treasury, Timothy Geithner, share a nonprofit connection: they worked at the Ford Foundation at the same time.

George W. Bush spent $350 billion to rescue financial institutions. Barack Obama wants $1.5 trillion. We hear how Treasury Secretary Tim Geithner describes the program and the promise of ...

(Reuters) - U.S. President-elect Barack Obama on Monday announced his choice of Timothy Geithner to be the next Treasury secretary, Lawrence Summers to head the National Economic Council and Christina ...