Geithner Confirmed by Senate as U.S. Treasury Chief
Good. It is past time.
The economy needs
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.