Treasury Secretary Timothy F. Geithner Testimony before the Committee on Banking, Housing, and Urban Affairs

WASHINGTON, D.C. – October 6, 2011 – (RealEstateRama) — Chairman Johnson, Ranking Member Shelby, and members of the Committee, thank you for inviting me to testify today on behalf of the Financial Stability Oversight Council (the “Council”).


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The Department of the Treasury is organized into two major components the Departmental offices and the operating bureaus. The Departmental Offices are primarily responsible for the formulation of policy and management of the Department as a whole, while the operating bureaus carry out the specific operations assigned to the Department. Our bureaus make up 98% of the Treasury work force.

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