Senate confirms Geithner as Treasury secretary
The Senate confirmed Timothy Geithner as Treasury secretary late Monday, while President Barack Obama's economic team grappled with ways to tackle economic woes on multiple fronts, from a worsening recession to failing banks to the millions of US homeowners facing foreclosure.
(BRIEFING.COM) Confirming reports from last Friday, President-elect Obama nominated New York Fed President Tim Geithner as Treasury Secretary.