January 22nd, 2009
11:33 AM ET
3 months ago

Senate Committee endorses Geithner for Treasury

Geithner has been approved by the Senate Finance Committee.
Geithner has been approved by the Senate Finance Committee.

WASHINGTON (CNN) – The Senate Finance Committee voted 18-5 Thursday to send the nomination of Treasury Secretary-designate Timothy Geithner to the full Senate.

Geithner apologized to the committee during his confirmation hearing Wednesday for his past failure to pay more than $34,000 in self-employment taxes between 2001 and 2004.


Filed under: Timothy Geithner
soundoff (191 Responses)
  1. Chris from NY

    Finally.

    January 22, 2009 11:37 am at 11:37 am |
  2. for texas republic

    HE IS ONLY SORRY BECAUSE HE GOT CAUGHT

    PLEASE VOTE "NO"

    January 22, 2009 11:38 am at 11:38 am |
  3. Jenn

    So is he going to fire himself once he is confirmed. Employees of the IRS are terminated immediately with out any investigation if the cheat on their taxes how can he be appointed to this job is beyond me.

    This is the one appointment I just can't accept

    January 22, 2009 11:40 am at 11:40 am |
  4. jaye

    YEAH!
    Now he can get to work figuring this economy out.
    If something isn't done soon we will crash.

    January 22, 2009 11:41 am at 11:41 am |
  5. BB

    When I get audited for a mistake, I'm going to email him and ask him to get me out of my mistake.

    January 22, 2009 11:43 am at 11:43 am |
  6. Robin

    Why is a man who did not pay taxes in charge of our money? Guess this is "change" you can believe in.

    January 22, 2009 11:43 am at 11:43 am |
  7. Billy J

    OK... I am pro Obama and most of the democratic parties policies etc....

    But even I question the wisdom of choosing this guy, or not asking him to step down when you found out he didn't pay his taxes in a 'mixup'.

    I don't want a secretary of the TREASURY! who can get mixed up about his own TAXES!

    January 22, 2009 11:44 am at 11:44 am |
  8. Good Grief

    This guy does not pay his taxes and now is Treasure Secretary. I feel great now. Change is coming.

    January 22, 2009 11:44 am at 11:44 am |
  9. California Gold

    With all the watchdog organizations out there he best not try to fudge his income taxes for the duration. Sorry but I found his claim of ignorance not credible. There is a saying in the law "ignorance is no excuse." His personal income taxes stained his personal integrity. Still the best man for the job, IMHO. Guess it's a reminder for the public to blindly turn over the keys and trust he will do the right thing.

    January 22, 2009 11:46 am at 11:46 am |
  10. The Observer

    "Change you can believe in" means putting a guy in charge of the IRS who can't figure out his own 1040?

    January 22, 2009 11:46 am at 11:46 am |
  11. Dayahka

    Geithner should now be confirmed as soon as possible so that he can continue his work. Obama needs all his hands on deck as soon as possible. On the other hand, one needs to be cautious here because it is most unlikely that the same group of weirdo economists who got us into this ridiculous banker's mess can also get us out of it. Very likely, we need a radical re-structuring of the banking system (making it illegal, for example, to issue or trade any of those fraudulent derivatives that Paulson and Greenspan invented) and a revamping of the economic system of debt-for-debt into a productive one.

    January 22, 2009 11:46 am at 11:46 am |
  12. stormerF

    OF course endorse a thief,who else better to watch our money?We may need someone who is Money Savy,but it would be nice to have someone who is Honest also. If Experience is the Key than what happened to the CIA,Penetta has no experience as Counter Intelligence chief.......Geithner was at the center of the Wall street fisco and was suppose to be watching the Market,So since he failed there I guess he needs a chance to really screw it up as Secretary of Treasury....If you stole a $34,000.00 car and claimed it was a mistake,you think the judge would pat your hand and give you the keys to his garage?

    January 22, 2009 11:48 am at 11:48 am |
  13. David

    Amazing. What is wrong with Summers? He is just as qualified. In the past, Congress has moved to the next in line for appointments when the first pick had issues. The head of the IRS does not need a past tax scandal on their resume. Obama needs to tell Geithner he can come aboard as a consultant and the Treasury post will go to Larry Summers. Next.

    January 22, 2009 11:51 am at 11:51 am |
  14. Don in Albuquerque

    About time!!!!!!!!! Americans are sick to death of the Repugs. Now Holder. Careful boys. Ever hear of a thing called Obstruction of Justice? I would be careful what I put my name too. Spectre will be replaced next election, and so could you!

    January 22, 2009 11:51 am at 11:51 am |
  15. Save My Hard Earned $$

    WHAT ?
    Geithner should be prosecuted as soon as possible and jailed like any other American who failed to pay their taxes. What happened to penalties, fines, and jail time ?

    January 22, 2009 11:52 am at 11:52 am |
  16. Kim

    Congratulations to the five senators who voted against this. I doubt any employee of the IRS will take this guy seriously. And let's not forget his hand in the rest of the financial mess going on right now. He was right in the mix and even relaxed some regulatory rules in NY.

    January 22, 2009 11:52 am at 11:52 am |
  17. Kim J

    Wow. Congratulations to the five senators who voted against this. I doubt any employee of the IRS will take this guy seriously. And let's not forget his hand in the rest of the financial mess going on right now. He was right in the mix and even relaxed some regulatory rules in NY.

    January 22, 2009 11:52 am at 11:52 am |
  18. carl

    He didnt cheat, he made an ignorant mistake. If he had cheated, he would have broken the law, and therefore wouldn't have survived the committee.

    Though there seems to be a moral dilemma in this case, many feel he is the right person for the task at hand. If he fixed the economy I'd personally be ok with him never paying taxes again.

    Even if he had broken the law, I believe legality should never be confused with morality. Conservatives of the past 8 years often agreed with this concept – I see no reason why this should change now.

    January 22, 2009 11:53 am at 11:53 am |
  19. daniel cabrera

    Why I am not surprised? MORE OF THE SAME ! ,... ANOTHER CROOK/THIEF TO ENGROSS THE LEGIONS DEDICATED TO DESTROY OUR COUNTRY.

    That is Obama for you ,...there you have it.

    You wanted Obama?,...well,...EAT OBAMA NOW!

    Sincerely,
    Daniel Cabrera
    Merrillville, Indiana

    January 22, 2009 11:54 am at 11:54 am |
  20. Trust

    And I guess all you joker dont find ways to not pay out your money. If you say no you are a bunch of liars.

    January 22, 2009 11:54 am at 11:54 am |
  21. Concerned in MA

    More proof that the only "change we can believe in" is the few coins left in our pockets.

    January 22, 2009 11:54 am at 11:54 am |
  22. dimes

    Part of Geithner’s direct responsibilities when he was on the Federal Reserve board was oversight of Wall Street. We all know how good a job he did there.

    Will he do a better job as the Treasury Secretary?

    January 22, 2009 11:55 am at 11:55 am |
  23. jfs Memhis, Tn

    All you SILLY conservative Bloggers............80% of the nation is going on without you. Times are a changing. No matter how NEGATIVE you folks care to be... will not change the direction and course this nation is setting upon. I ask that you folks kick-back ...read what each of you have said on this blog (objectively) and then reason why your party is in such a mess. Next decide where you all want to be in the FUTURE. Then ask yourselves what is wrong with you folks' responses to this article. The GOP (GRAND OLD PARTY) is just that...OLD.

    January 22, 2009 11:56 am at 11:56 am |
  24. JO

    He said he was "sorry' ... gee whiz ... what more can one ask?

    January 22, 2009 11:56 am at 11:56 am |
  25. katiec

    Good.
    Now let's get on to the important things. Like saving our country.

    January 22, 2009 11:56 am at 11:56 am |
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