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Timothy Geithner confirmed as US treasury secretary
Posted By admin On January 27, 2009 @ 11:30 am In Money Watch | Comments Disabled
London Telegraph 
Tuesday, Jan 27, 2009
The US senate has confirmed Timothy Geithner, the former head of the New York City Federal Reserve branch, as the new treasury secretary in the Obama administration.
The vote, which went 60 to 34 in Mr Geithner’s favour, puts him at the helm of Mr Obama’s plan to rescue the economy.
But the confirmation was not without controversey. Some senators were concerned that Mr Geithner, who will oversee the government’s tax collecting agency, did not pay all of his taxes until he had been nominated to the president’s cabinet.
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Mr Geithner said the oversight was unintentional and has settled his $34,000 overdue tax bill. He apologised for the errors, calling them “careless”.
His supporters said the nation cannot afford to wait for Mr Obama to search for a new Treasury chief.
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URLs in this post:
 London Telegraph : http://www.telegraph.co.uk/news/worldnews/northamerica/usa/4352041/Timothy-Geithner-confirmed-as-US-treasury-secretary.html
 Treasury Secretary Timothy Geithner: Unemployment Could Go Up Before It Comes Down: http://www.prisonplanet.com/treasury-secretary-timothy-geithner-unemployment-could-go-up-before-it-comes-down.html
 Debt Increased More Under Geithner Than Under Any Treasury Secretary in U.S. History: http://www.prisonplanet.com/debt-increased-more-under-geithner-than-under-any-treasury-secretary-in-u-s-history.html
 Higher Taxes? Treasury Secretary Hints That More ‘Resources’ May Be Needed: http://www.prisonplanet.com/higher-taxes-treasury-secretary-hints-that-more-%e2%80%98resources%e2%80%99-may-be-needed.html
 Book: Timothy Geithner ignored President Obama order: http://www.prisonplanet.com/book-timothy-geithner-ignored-president-obama-order.html
 Emails: Geithner, Treasury drove cutoff of non-union Delphi workers’ pensions: http://www.prisonplanet.com/emails-geithner-treasury-drove-cutoff-of-non-union-delphi-workers%e2%80%99-pensions.html
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