Agenda-setting Washington summit
10.19.2009
Reuters gathered top-level policymakers from the Obama administration and U.S. Congress to deliver a bevy of exclusives on economic policy. U.S. Treasury Secretary Timothy Geithner told us he was expecting a slow recovery and that he planned to wind down TARP — major stories that had the competition quoting Reuters for over a day. White House economic adviser Larry Summers, who is often reluctant to speak on the record, predicted Q3 and Q4 economic growth, a slow recovery in unemployment, uncertainty about future drivers for growth and reassured on reserve currency status for the dollar. U.S. Commerce Secretary Gary Locke gave our readers a preview of what he would bring to China trade talks next week, and discussed how dollar weakness was a concern. Reuters copy was widely picked up by rival agencies, major newspapers, TV and blogs.