:: Geithner confirmed as Treasury Secretary. From HUFFPOST:
WASHINGTON — The Senate has confirmed New York Fed chief Timothy Geithner to be President Barack Obama's secretary of the treasury.
The 60-34 vote puts Geithner at the helm of Obama's plan to rescue the economy from the worst financial crisis in three generations.
Obama and others supporting Geithner's nomination said the nation couldn't afford to wait for Obama to search for another nominee to run the Treasury Department.
:: The US to engage in diplomacy with Iran. From HUFFPOST:
United Nations — President Barack Obama's administration will engage in "direct diplomacy" with Iran, the newly installed U.S. ambassador to the United Nations said Monday.
Not since before the 1979 Iranian revolution are U.S. officials believed to have conducted wide-ranging direct diplomacy with Iranian officials. But U.S. Ambassador Susan Rice warned that Iran must meet U.N. Security Council demands to suspend uranium enrichment before any talks on its nuclear program.