BREAKING NEWS

White House: Iran not why currency report delayed

By ASSOCIATED PRESS

APRIL 4, 2010 19:07

WASHINGTON — The White House has denied any connection between delaying a report on China's currency policies and seeking Beijing's cooperation on new penalties against Iran for its nuclear program.

The report to Congress was due April 15 — just as China's president comes to Washington for a nuclear security summit.

Treasury Secretary Timothy Geithner said Saturday he was delaying publication because several high-level international meetings in the coming months would be a better way to advance the US position.

White House economic adviser Lawrence Summers told ABC television's "This Week" that the Iran matter wasn't causing the delay and that those meetings were a good way to hold direct dialogue with the Chinese.

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