Friday, March 13, 2009

Secretary of the Treasury

Name: Timothy F. Geithner
Hometown: Brooklyn, New York
Current City: Washington D.C.
Job at time of appointment: President of the Federal Reserve Bank of New York.
Age: 47

Before his nomination to the Treasury, Secretary Geithner served as the ninth president and chief executive officer of the Federal Reserve Bank of New York, where he began on November 17, 2003. He served as the vice chairman and a permanent member of the Federal Open Market Committee, the group responsible for preparing the nation's fiscal policy. Geithner's nomination came under scrutiny due to his failure to pay more than $30,000 in overdue taxes.

Geithner ultimately received Senate confirmation, but he was condemned for not following the rules of the Internal Revenue Service, which is a child agency of the Treasury Department he now oversees.