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  Geithner to seek unprecedented powers, insiders say
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ContributorJohn 
Last EditedJohn  Mar 24, 2009 09:17am
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MediaTV News - CNN
News DateTuesday, March 24, 2009 03:00:00 PM UTC0:0
DescriptionTreasury Secretary Tim Geithner will push for unprecedented new regulatory powers on Tuesday to seize financial institutions whose failure would pose serious risks to the U.S. financial system, according to two senior administration officials.

Treasury Secretary Tim Geithner is expected to seek "resolution authority" to deal with the financial crisis.
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