What did Geithner attempt to spur recovery of?
Mortgage market
Oil industry
Tech startups
Agriculture sector
Answer
Mortgage market: Geithner aimed to stimulate the recovery of the mortgage market, which had suffered a severe downturn during the financial crisis. He implemented various measures, such as the Troubled Asset Relief Program (TARP), to stabilize the market and encourage lending. These efforts aimed to increase the availability of credit and boost the housing sector, which is a key driver of economic growth.
Timothy Geithner: Navigating the Financial Frontier - A Quiz Challenge
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