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Geithner Confirmed by Senate as U.S. Treasury Chief
by 158 | January 26, 2009 at 04:48 pm
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Good. It is past time.
The economy needs
help now.
Timothy Geithner was approved by the Senate to be Treasury secretary, putting him at the center of a global effort to arrest the financial crisis and end the longest U.S. recession in a quarter-century.
After two hours of debate, the vote was 60-34 in his favor, the closest post-World War II margin for a Treasury secretary. Geithner, 47, overcame opposition from Republicans who objected on the grounds that he underpaid federal taxes in previous years. Some Democrats also voted against him.




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