According to Bloomberg, U.S. Treasury Secretary Timothy Geithner is expected to call for expanded government powers to deal with failing non-bank financial institutions such as AIG…Geithner, who testifies today before the House Financial Services Committee on AIG’s rescue, will focus on the need for new tools for financial institutions other than banks, similar to those that the FDIC has for winding down failed lenders and insuring consumer bank deposits…The authority would allow the Treasury, in collaboration with the Federal Reserve, regulators and the president, to step in and more easily combat problems at systemically important institutions on the verge of failure.