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Geithner: New York Will Remain at Center of Global Finance

Treasury Secretary Timothy Geithner, speaking to the Senate Finance Committee, said today the NYSE is “in some ways the world’s iconic stock exchange.” He was responding to Senator Charles Schumer, a New York Democrat, who said a combined exchange should list the NYSE name first.

“I don’t make that judgment ultimately,” Geithner said when asked by Schumer if he agreed. Geithner said he thinks the enlarged company will “decide as you suggested.” New York “will remain at the center” of the global financial system for “a long time to come,” he said.


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