TARP Repayments Push Geithner to Focus on Unemployment, Credit

Bloomberg reports:

The U.S. banking industry moved out of intensive care when Citigroup Inc. and Wells Fargo & Co. said yesterday they will repay their bailout funds. Treasury Secretary Timothy Geithner still can’t claim the patient is healthy.

The Treasury is in line to get back $20 billion from New York-based Citigroup, which needed two capital injections from the government to stave off collapse. Wells Fargo plans to return all $25 billion that taxpayers invested in the San Francisco-based lender a year ago, making it the last of the nation’s largest banks to pledge an exit from the Troubled Asset Relief Program.