Geithner on Steinbrenner Estate Tax Lapse

Complete Premium video at: http://fora.tv/series/monitor_breakfast

United States Treasury Secretary Timothy Geithner responds to a question regarding the family of late Yankees owner George Steinbrenner, who recently avoided around $500 million in taxes due to the estate tax lapse. “I think it is a terribly troubling thing that the United States of America would let the estate tax lapse and leave the future of it so uncertain for such a long period of time,” says Geithner.

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United States Treasury Secretary Timothy Geithner sits down for a conversation with attendees of the Monitor Breakfast about the Obama administration’s 2011 legislative priorities for the financial sector.

Timothy Franz Geithner is the 75th and current United States Secretary of the Treasury, serving under President Barack Obama. He was previously the president of the Federal Reserve Bank of New York.



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