☰

Empresas y finanzas

Geithner: Considering range of options for economy


    WASHINGTON (Reuters) - Treasury Secretary Timothy Geithner said on Wednesday that a series of options were under study to reinvigorate the economy and hoped they would be unveiled soon.

    "We are looking at a range of options," Geithner said as he started a meeting with department officials charged with oversight of the Troubled Asset Relief Program. "We hope to make decisions and be in a position relatively soon" to make them public.

    Geithner ducked a reporter's question about whether Treasury was considering setting up a "bad bank" to take toxic assets off the balance sheets of banks.

    Geithner, who was sworn in as Treasury chief on Monday, heads the Obama administration's effort to overhaul the TARP program and make Treasury more responsive to public complaints that its decisions on how to use taxpayer money are hidden and that it has failed to revive bank lending.

    (Reporting by Glenn Somerville; Editing by Leslie Adler)