WASHINGTON (MarketWatch) -- Scheduled testimony by Treasury Secretary Timothy Geithner on Thursday afternoon has been postponed, the House Financial Services Committee announced. The hearing was postponed due to a series of floor votes, the committee said. It will be rescheduled at a later day. Geithner testified earlier in the day at the Senate Banking Committee about the Obama administration's proposals to reform the regulatory structure over the financial system.
Humm!! Two big items on the board for next week, possibly did not want to scare the market to the downside and maybe get a better price on the Treasury Notes.
Bernanke agrees to testify June 25 on Merrill deal Thu Jun 18 17:17:40 GMT 2009
Treasury to sell $104 billion in notes next week Thu Jun 18 15:02:08 GMT 2009
