Congress to question Geithner on taxes, rescue programs

01/21/2009 | Bloomberg

Timothy Geithner, President Barack Obama's choice for Treasury secretary, is expected to be questioned by the Senate Finance Committee today about underpaying his taxes and whether he is to be trusted with hundreds of billions of dollars in rescue funds. Few lawmakers are believed to doubt Geithner's ability, but his problems with the Internal Revenue Service have raised some questions. "There's no doubt about his qualifications. There's no doubt in a time of recession like we're in now, where the secretary of the Treasury plays such an important role, that he fits in," said Sen. Charles Grassley, R-Iowa.

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