As President of the New York Fed and Secretary of the Treasury, Geithner played a key role in government efforts to recover from the financial crisis of 2007–08 and the Great Recess...
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As President of the New York Fed and Secretary of the Treasury, Geithner played a key role in government efforts to recover from the financial crisis of 2007–08 and the Great Recession. He managed crises involving major financial institutions and oversaw the allocation of funds under the Troubled Asset Relief Program. Geithner also led efforts to restructure regulation, spur recovery in the mortgage and automobile industries, negotiate on global finance issues, and push for tax reform.