news Geithner tells senators not seeking more bailout: Conrad

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Geithner tells senators not seeking more bailout: Conrad



Thu Apr 30, 2:55 PM





WASHINGTON (Reuters) - U.S. Treasury Secretary Timothy Geithner told a group of Democratic senators the Obama administration would not soon be returning to Capitol Hill for more bank bailout funds, a key senator said on Thursday.


"I asked him if they'd need more TARP funding and he said 'No time soon,'" North Dakota Sen. Kent Conrad, the Senate Budget Committee Chairman, told Reuters after the lunch meeting, referring to the Treasury's Troubled Asset Relief Program.

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