Jack Lew Confirmed By Senate As Obama’s Treasury Secretary


jacob-lewThe U.S. Senate has confirmed Jack Lew as Treasury Secretary.

President Barack Obama nominated the former White House Chief of Staff for the position in January. Lew, a leading federal budget expert, succeeds Treasury Secretary Tim Geithner.

Lew was confirmed by a 71-26 vote.

Lew, who previously served as White House budget director during the Clinton administration, began working as the White House chief of staff in January 2012. During a Jan. 10 press conference announcing the Lew’s nomination for Treasury Secretary, Obama called his departure from the chief of staff position “bittersweet.”

The AP reported:

WASHINGTON – The Senate confirmed Jacob Lew to be Treasury secretary, affirming President Barack Obama’s choice of a budget expert at a time when Congress and the White House are at odds over sharp government spending cuts.
The Senate voted 71-26 to support the nomination.

Lew, 57, had most recently served as Obama’s chief of staff. He succeeds Timothy Geithner, who completed a tumultuous four-year term in which he helped lead the administration’s response to the financial crisis and recession.

Lew takes over just before automatic spending cuts are set to take effect. He’s likely to take part in any negotiations to reverse the cuts, and also in key budget talks next month to continue funding the government.


{Matzav.com Newsenter}


  1. “And guess who will get the blame when the economy collapses ?”

    Nu, so tell us already. Who needs Cassandra when we have Mayim #1 around?

  2. Mayim, what about Greenspan and Bernanke? Let’s hope that this not happen, and daven for his continued success. He b”H has the reputation BubbeLakewood says.

  3. Lew might be an Orthodox Jew in his personal life; but will he fight for Orthodox Jewish interests? I wish I was wrong, but Obama would not appoint anybody who would even remotely push Orthodox Jewish agenda. I hope I’m wrong about Lew.

  4. Why did you mutilate my previous comment? I did not use improper words, nor incite to violence. Neither did it qualify as loshon hora – Lew’s contributions to Obama are a public information, and Lew is probably proud of it. I merely expressed my view that Obama and his team are dangerous for the world and the Jewish people. Just because someone on his team happens to be observant, people’s comments should not be cut in half.