Tweet Newsflash - Although not unanimous, the Geithner nomination was approved in committee and will go to the full Senate where his full confirmation is expected. He helped get us here, now let's see him get us out!
WASHINGTON (MarketWatch) -- The Senate Finance Committee voted Thursday to approve the nomination of Timothy Geithner to be Treasury Secretary. The vote was 18 to 5. Several Republicans said they could not vote for him because of errors on his tax returns uncovered by the committee. Sen Jon Kyl, R-Ariz., said he did not believe Geithner was candid with the panel. But Democrats unanimously backed Geithner. Sen. Charles Schumer, D-N.Y., said Geithner would be an able navigator through "troubled, dangerous and uncharted waters." The nomination now goes to the full Senate floor, and is expected to be cleared easily.