Tim Geithner’s confirmation has reportedly been saved by the collapse of the country’s banking system (WSJ, CNBC, etc). Congressmen are expected to try for some tough-sounding sound bites on the tax issue and then rubber-stamp him.
Because Republicans are in a panic, too, and have no better plans. (And also because, a connected source tells us, so they can immediately start blaming the whole mess on him.)
See Also: Tax Scandal Threatens To Derail Geithner
Business Insider Emails & Alerts
Site highlights each day to your inbox.