Monday, January 26, 2009

Senate OKs Geithner


From TODAYshow.com...
WASHINGTON - The Senate voted to confirm Timothy Geithner, President Barack Obama's pick for treasury secretary, Monday evening, after delaying a vote because Geithner failed to pay some of his federal taxes in 2001.

Under normal circumstances, failing to pay your taxes is a surefire way to torpedo your nomination to a Cabinet position.

But the race to halt the economic slide before the midterm elections in 2010 is so tight that President Barack Obama's choice for treasury secretary, New York Federal Reserve Bank chief Timothy Geithner, is got a pass on his tax troubles from the president and most senators, Democrats and Republicans.
Is got?

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