Financial 411: Treasury Sec. Timothy Geithner Visits NYC

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Treasury Secretary Timothy Geithner was in New York City on Monday. He met with Mayor Bloomberg, and had lunch with a group of finance, retail, real estate and media executives.

Then, he headed to New York University’s Stern School of Business for a speech about the next steps for financial reform.

“We will move as quickly as possible to bring clarify to the new rules of finance,” Geithner told the audience. “The rule-writing process traditionally has moved at a frustrating, glacial pace and we have to change that.”

WNYC’s Amy Eddings talks to Charlie Herman, WNYC’s business and economics editor, about Geithner’s speech and other financial news this week.