Video: NBC News has confirmed that President-elect Barack Obama will announce his economic team on Monday, tagging New York Federal Reserve President Tim Geithner for treasury secretary. NBC's Chuck Todd and Andrea Mitchell report.
Barring last minute changes, the nominee for Treasury Secretary will be NY Fed President Tim Geithner -- a career Treasury official under both Bob Rubin and Larry Summers -- who actually had worked at the Treasury in three administrations under five Secretaries -- going back to 1988.
Geithner has been a key player in the current economic crisis -- helping Treasury Secretary Hank Paulson and his team manage the wall street bailout.” source...
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