WASHINGTON (AP) – A House of Representatives committee probing bailout deals has subpoenaed the Federal Reserve Bank of New York for correspondence from Treasury Secretary Timothy Geithner and other officials.

The House Oversight and Government Affairs Committee is examining New York Fed decisions that funnelled billions of dollars to big banks including Goldman Sachs Group Inc. and Morgan Stanley.

Geithner was president of the New York Fed at the time. He approved decisions involving the money from the bailout of failed insurer American International Group Inc., according to an earlier watchdog audit.

On Wednesday, Democratic committee chairman Rep. Edolphus Towns formally invited Geithner to testify this month about his role in the AIG bailout and the decision not to disclose what banks benefited.

In a statement, Towns said he had subpoenaed the New York Fed for documents about the decision to pay off AIG's business partners and keep their names secret.

The subpoena demands e-mails, phone logs and meeting notes from Geithner; Stephen Friedman, who succeeded him as New York Fed president; New York Fed general counsel Thomas Baxter; and Sarah Dahlgren, the New York Fed's top manager on AIG.

The November audit said the bank payoffs might have cost taxpayers billions more than necessary because Geithner did not demand concessions from AIG's business partners.