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Geithner is, or rather was, the New York Federal Reserve Bank chief, and now becomes the nation's 75th treasury secretary. He is also one of the men President Barack Obama will be leaning on in one of the worst recessions the U.S. has seen in generations.
The confirmation came despite GOP questions and opposition. The Senate confirmed Geithner's nomination on a 60-34 vote.
Questions arose once it was revealed that Timothy Geithner had neglected to pay Medicare and Social Security taxes during the time he worked for the IMF. When questioned about how he prepared his taxes during that he answered "Turbotax," an answer Intuit, the parent company of Turbotax, was likely not happy to hear.
The amount in question? Nearly $43,000 in taxes.
However, despite misgivings, the Senate confirmed him, acknowledging that they need a Treasury Secretary that many feel is able to fulfill the role and lead the nation out of this crisis. And that, many say, is what Geithner can do.
Barack Obama attended the swearing-in ceremony at the Treasury Department and told Geithner, "You've got your work cut out for you."
Indeed he does.