Bloomberg now suing in court under the Freedom of Information Act for aggregate information concerning types of collateral being used for collateral with the $1.5 trillion authorized by Congress. The books from Treasury are being kept by the Fed, so regular rules of FOIA are in a deeply grey area.
Does the President have any control over disclosure rules??
[Update from Ken: Am I the only one who thinks that if Tim Geithner goes along with the Administration’s “no aggregates” postion,* combined with his hiring of Michael Alix to help supervise banks, it would disqualify him from being a reasonable candidate for Treasury Secretary?]
Update: used for collateral replaces bought in second paragraph
Update II: clarification of what Geithner should not be advocating, as noted by Walker in comments.