UPDATED.
The Senate voted to confirm Timothy Geithner as Treasury secretary late this afternoon by a relatively narrow margin of 60-34, after a nomination process prolonged by revelations of unpaid payroll taxes. Among those voting nay were Democrats Robert Byrd of West Virginia and Russell Feingold of Wisconsin, as well as Tom Harkin of Iowa, who announced on the floor today that he was concerned not only about Geithner's tax issues but also about "his role in the current financial meltdown" as president of the Federal Reserve Bank of New York.
Within hours after the vote, Geithner was sworn in at the Treasury Department by Vice President Joe Biden, with President Obama looking on. Obama said the expedited ceremony was necessary given the magnitude and urgency of the financial crisis. "Congratulations, Tim," he said. "You've got your work cut out for you."
Check back with Lost In Transition tomorrow for more on Geithner's confirmation.
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