Geithner Says a ‘Strong Dollar’ is in U.S. National Interest

By Brendan Murray

Jan. 22 (Bloomberg) -- Timothy Geithner, President Barack Obama’s nominee for Treasury secretary, said that a “strong” dollar is in the U.S. interest.

“A strong dollar is in America’s national interest. Maintaining confidence in the long-term strength of the United States economy and the stability of the U.S. financial system is good for America as well as our trading and investing partners,” he said in written responses to questions from the Senate Finance Committee.

“As Secretary of Treasury, if confirmed, I will act to achieve those goals,” he said, according to the responses on the panel’s Web site