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On January 26, 2009, the U.S. Senate confirmed Geithner's appointment by a vote of 60–34. [59] [60] Geithner was sworn in as Treasury Secretary by Vice President Joe Biden and witnessed by President Barack Obama.
While there, he acted as a key architect of bailout plans of the Brazilian, Indonesian, Mexican, and South Korean economies. Prior to his selection as President-Elect Barack Obama's secretary of the Treasury, Geithner served as president and CEO of the Federal Reserve Bank of New York.
Working with the Federal Reserve and a close-knit team of advisors, and building on the work of Secretary Henry Paulson and his team, Secretary Geithner developed and executed a series of programs under President Barack Obama that helped recapitalize and restructure the financial system and restore economic growth.
May 8, 2014 · At the White House Correspondents Dinner in 2009, even President Obama joked that a goal of his second hundred days would be to house-train his new dog, Bo, “because the last thing Tim...
- Andrew Ross Sorkin
Geithner maintained that he had no knowledge of the error and Obama quickly came to his defense saying, “My expectation is that Tim Geithner will be confirmed.”
Mar 9, 2010 · Congress members accuse Timothy Geithner of coddling Wall Street. Wall Street accuses him of abetting socialism. Yet when the history books are written, Geithner will be recognized as Barack...
Nov 13, 2011 · President Obama and Treasury Secretary Timothy Geithner have been described as “kindred spirits” by a White House adviser. Kevin Lamarque/Reuters. “I just don’t think they tried hard enough,...
