Financial Times FT.com

Geithner faces critical report on bail-out

By Tom Braithwaite in Washington

Published: April 21 2009 05:01 | Last updated: April 21 2009 08:14

Tim Geithner, US Treasury secretary, will face lawmakers in Congress on Tuesday, hours after publication of a report that criticises aspects of the bank bail-out and days before stress test results that could lead to the government taking larger stakes in the financial ­sector.

His appearance before the congressional oversight committee comes after increasingly confident public performances and tentative signs of improvement in parts of the economy.

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