In an interview on the FOX Business Network, Geithner said the U.S. government stands to profit from many of the rescue deals made to big banks a year ago at the height of the financial crisis.

Later in the interview, Geithner told Liz Claman he does not support a tax on stock trades.

On a transaction tax proposal that has been kicked around in Congress as a way to generate much-needed revenue, Geithner said, “I don't think that specific thing is the way to go.”

Asked about the recent decline in the value of the dollar against other global currencies, Geithner declined to point to a specific value at which point the Treasury Department might grow concerned.

Read it all and the full video of the interview is there.

Filed under: * Economics, Politics • Economy • Stock Market • Taxes • The U.S. Government • The National Deficit • Treasury Secretary Timothy Geithner

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