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Geithner Confirmed Despite Objections Over Alleged Tax Evasion
Timothy Geithner has been confirmed as US Treasury secretary by a vote of 60-34 despite GOP objections over his alleged tax evasion (to the tune of $34,000).
President Obama's White House Transition team wanted the approval to pass last week but the vote was held up to allow Geithner to answer the tax evasion accusations.
Geithner was sworn in as US Treasury secretary shorty after the Senate Finance Committee held its confirmation vote.
The Senate Finance Committee approved Timothy Geithner’s nomination for Treasury secretary Thursday over the objections of several Republicans.
Geithener was sworn in shortly after the Senate Finance Committee held its confirmation vote.
Five Republicans on the committee voted against him, including the ranking member, Iowa Sen. Charles Grassley.
Republicans grilled Geithner during his Wednesday confirmation hearing on his failure to pay more than $34,000 in Social Security and Medicare taxes from 2001 to 2004.
“These were careless mistakes, they were avoidable mistakes, but they were unintentional,” Geithner told the panel. “I want to apologize to the committee for putting you in the position of having to spend so much time on these issues.”
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Tina Kells
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Most RecentMost Recommended Comments (5)
at 15:44 on January 26th, 2009
Well done and quicker then any news services.
at 15:49 on January 26th, 2009
Thank you :)
at 15:52 on January 26th, 2009
I added your story under Related NowPublic Stories Your welcome
at 16:03 on January 26th, 2009
Really? How do you do that after the fact? I didn't think that we could add relateds after a story had been published.
at 21:14 on January 26th, 2009
The controversy over his late payment of taxes owed for several years following his employment at the IMF in the U.S. continued through today's Senate confirmation vote. Sen. Arlen Specter of Penna. reversed his vote today from first saying he would vote "yes" to then actually voting "no." In my opinion, Treasury Secy. Tim Geither has a lot of catching up to do to win the public's faith in him (and forgive him his past mistakes)! My second thought is that I hope that he serves the new Administration well.