The New York Fed chief is a fresh face, but still a Washington insider. By Nina Easton, Washington bureau chief New York Federal Reserve chief Timothy Geithner is the likely pick for Treasury Secretary. NEW YORK (Fortune) -- What does the likely choice of New York Federal Reserve chief Timothy Geithner as his Treasury Secretary say about our President-elect? Simple: He believes in change, just not too much of it. Geithner's selection emphasizes continuity and experience, the benefits you'd get from keeping Hank Paulson in the job, but more appealing because the 47-year-old central banker gives the appearance of a fresh face arriving in Washington. Yet he is a Washington veteran whose fingerprints are all over the federal government's attempts to rescue ailing financial markets. The harsh economic lesson facing President-elect...
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