Geithner Gets G-20 Earful About Need to Speed Reform
U.S. officials came to the weekend’s finance ministers’ summit hoping to persuade other countries to embark on a fresh round of spending. They left under pressure to fix the weak U.S. banking sector.
After cordial handshakes and group photographs, Treasury Secretary Timothy Geithner returned to Washington, D.C., on a military jet to begin a 17-day span leading up to the full Group of 20 meeting in London, which will feature President Barack Obama and other world leaders.
The turnaround suggests the limits of U.S. power in the world emerging out of the rubble of the financial crisis. Many countries, including U.S. allies, are increasingly putting pressure on America to clean up a mess they believe it created.
This article was originally posted on WSJ.com