Debt Ceiling Nears as Budget Talks Stymied

The Treasury Department said Wednesday the government would hit its legal borrowing limit by Monday, setting in motion emergency measures to keep the government operating for several more weeks and serving as a reminder that the nation's budget wrangling could continue well into 2013.

Geithner to discuss Iran in China, Japan visit

(Reuters) - Treasury Secretary Timothy Geithner will travel to China and Japan next week to discuss U.S. sanctions on Iran and the state of the global economy with top government officials, the Treasury Department said on Wednesday.

Geithner’s Remarks at G-20 Currency Conference

Here is the official Treasury Department transcript of remarks U.S. Treasury Secretary Timothy Geithner was scheduled to deliver Friday at the Group of 20 nations seminar in Nanjing on the international monetary system:

Statement by Secretary of the Treasury Tim Geithner at the “High-level Seminar on the International Monetary System”

Geithner Says G-20 Consensus Is Building on Early-Warning System

U.S. Treasury Secretary Timothy Geithner said Saturday that the Group of 20 largest industrial and developing nations is gradually building consensus on an early-warning system to head off future crises and expressed confidence the group would complete the program.

He spoke after China agreed to allow international scrutiny of its much-criticized exchange-rate policy in the face of unified opposition from other G-20 members, including from emerging nations that previously backed Beijing.