President Barack Obama’s choice to head the US Treasury, Timothy Geithner, is expected to be confirmed in the post next week.
US Senate Majority Leader Harry Reid said it would be “unwise” for Republicans to even try to stop Geithner with a procedural roadblock. But, if they did, he said, Democrats will “get the votes” to clear it and approve the move. Geithner has won Senate Finance Committee backing, putting him on course to start directing the new administration’s plans to tackle the economy. With an 18-5 vote, the panel largely overlooked Geithner’s 26,000 euro underpayment of taxes – clearing the way for a full Senate confirmation vote on Monday.