Geithner Urges Global Economic Rebalance Via G-20

Law360, New York (November 17, 2009, 5:44 PM EST) -- Despite early indications of a global recovery, the U.S. needs to pursue efforts to reshape the global economic architecture in cooperation with members of the G-20, Secretary of the Treasury Timothy Geithner told a U.S. Senate panel Tuesday.

During testimony before the Senate Foreign Relations Committee, Geithner told lawmakers that the shifting nature of the global economy and power structure called for a careful look at how to “rebalance global demand” through the G-20, particularly in attempts to coordinate financial regulatory reform, climate change and trade...
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