Tag: Treasury Secretary Timothy Geithner

A bloc of African American House Democrats, angry and worried that not enough is being done about high unemployment by the administration, forced the postponement of a much-anticipated vote Thursday on comprehensive financial regulation reform. The refusal to vote was portrayed as a direct rebuke of the White House's "lack of response to the economic situation." "The recession has created a unique systemic risk that threatens all parts of the African-American community," said Rep. Maxine Waters.