NU Online News Service, Jan.18, 2:42 p.m. EST

WASHINGTON–Treasury Secretary Timothy Geithner has been scheduled to testify before a House committee concerning controversial dealings between the Federal Reserve Bank of New York and American International Insurance.

His appearance Jan. 27 before the House Committee on Oversight and Government Reform was requested after e-mails revealed that while he headed the Fed, when bailout arrangements were made for AIG, the insurance conglomerate was kept from disclosing that it would pay trading partners 100 cents on the dollar on credit default arrangements that went bad.

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