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Geithner Becomes Treasury Secretary
The Senate has passed Timothy Geithner through as Treasury secretary. I'm sure he will do as good a job for Barack Obama as he did for George W. Bush, [Fed Chairman Ben] Bernanke and [ex-Treasury Secretary Henry] Paulson.
Update: Four Democrats voted against it:
Sen. Robert Byrd, West Virginia
Sen. Tom Harkin, Iowa
Sen. Russ Feingold, Wisconsin
Sen. Bernie Sanders, Vermont (well, he's sort of a Dem)
I imagine Feingold's and Sanders' reasons were much the same as why I can't get very enthused for Geithner.
| Also by Ian Welsh | |||
| Why This Economic "Recovery" Will Be the Worst of Your Lifetime All the Obama administration has done is put the economy on life support then wander away. October 13, 2009. |
It's Time to Hit the Phones to Stop the Econopocalypse I can't say that passing the stimulus bill will prevent a Depression, I can say that the more it's watered down, the more likely a Depression is. February 5, 2009. |
Why I'm Not Broken Up About Daschle My first reaction upon hearing that Daschle had dropped out as HHS nominee: relief. February 4, 2009. |
Hillary Clinton Confirmed As Secretary Of State I hope she'll be able to do some good in repairing America's damaged reputation, and the source of that damaged reputation, America's foreign policy. January 21, 2009. |
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