Tuesday, January 27, 2009

Geithner sworn in as US Treasury chief


Geithner sworn in as US Treasury chief
27-01-2009

The United States Senate has confirmed President Obama's choice as Secretary of the Treasury, Timothy Geithner, despite a controversy surrounding his personal taxes. He was approved by 60 votes to 34. President Obama has described Mr Geithner as the most qualified person to oversee his plans to revive the struggling US economy. However, some senators had expressed concern about his failure to pay thousands of dollars in taxes. Mr Geithner was sworn in as Treasury Secretary within hours of the Senate approving his nomination. Correspondents say he will have one of the toughest jobs in the new administration, as the US tries to get its economy back in shape.

Blog Archive