Soon-departing US SecDef Panetta and Joint Chiefs of Staff General Dempsey held a press conference mostly focused on budget issues: “The continuing resolution (CR) expires on March 27th. If Congress fails to pass the appropriations bill for FY 13 and simply extends the CR through the year, our overall operating accounts would decrease by about [...]
Turns out it’s not so easy to replace Jack Lew: President Obama on Thursday publicly acknowledged the big problem that he has created for himself by picking for the next Treasury secretary Jacob J. Lew, his trusted White House chief of staff. The shift left a vacancy in one of his administration’s, and Washington’s, most [...]
"There was a time when Republicans liked Jack Lew," President Obama's chief of staff and nominee to replace Timothy Geithner as Treasury secretary, says Ezra Klein at The Washington Post. "That time is no longer." Senate Republicans, already gearing up for a fight over Obama's nomination of former Sen. Show More Summary
The first thing you learn about Denis McDonough, the man President Obama will probably select as his next chief of staff, is that he is an addict. His addiction isn't dangerous, but it is one he will have to do without, what with his new cabinet status and Secret Service detail. Show More Summary
On Wednesday morning, most business reporters confirmed Barack Obama’s next choice to lead the Treasury Department: White House Chief of Staff Jack Lew. Within hours, the same reporters got a statement from Alabama Sen. Jeff Sessions, ranking member of the Budget Committee and a man who’ll have some say over whether Lew gets the job.
US President Barack Obama on Thursday nominated White House chief of staff Jack Lew to be the next US Treasury Secretary, tapping a former Citigroup executive likely to be grilled in confirmation hearings over his time on Wall Street as the US economy careened toward disaster.
US President appoints current chief of staff Jack Lew in role. 11 Jan 2013 8:41 AM
President Obama on Thursday officially nominated his Chief of Staff Jack Lew to be the next secretary of the Treasury. Read more...
President Obama named his chief of staff, Jack Lew, as Treasury Secretary today, praising outgoing Secretary Timothy Geithner and poking fun at Lew's loopy signature. "The only point that I want to leave you with is the fact that I....
President Obama on Thursday afternoon announced his choice of White House Chief of Staff Jack Lew to serve as head of the Treasury Department. For more federal news from The Washington Post, visit The Federal Eye, The Fed Page,and PostPolitics. Read full article >>
WASHINGTON -- President Obama on Thursday announced the nomination of White House Chief of Staff Jacob J. Lew to be Treasury secretary, touting his lengthy resume as preparation for upcoming budget battles and saying he "has my complete trust."
By Tim Price, originally posted on Next New Deal Click here to receive the Daily Digest via email. Obama's Pick for Treasury Is Said to Be His Chief of Staff (NYT) Jackie Calmes reports that by tapping Jacob Lew to replace Tim Geithner...Show More Summary
The president says he feels "bittersweet" about losing Lew as his White House chief of staff but says "my loss will be the nation's gain."
President Barack Obama has officially nominated his chief of staff Jack Lew to replace Timothy Geithner as Treasury Secretary. On his way out,...
That President Obama intended to nominate White House Chief of Staff Jack Lew as his next Treasury Secretary was probably the most open secret in Washington. In fact, Obama kept Lew out of the recent talks because the president was "saving him" -- Obama was "reluctant to embroil …
On Thursday, President Barack Obama officially nominated White House Chief of Staff Jack Lew to replace Timothy Geithner as the next Secretary of the Treasury. Towards the end of the press conference in the East Room of the White House, the president said that he had considered rescinding Lew’s nomination over his nearly illegible signature.
The president has tapped his chief of staff. Lew is also a former budget director in both the Clinton and Obama administrations. He would replace Timothy Geithner, who plans to step down soon.
In today’s New York Times, former chief of staff of the Joint Committee on Taxation Edward Kleinbard offers another suggestion for how the federal government might meet its obligations if the debt ceiling is reached: Most of the ideas...Show More Summary
President Barack Obama nominated Jack Lew, his current chief of staff, to be the next secretary of the Treasury on Thursday, elevating his wonky former budget director to a position at the center of fights over the nation's deficit and spending. "Jack knows that every numbe …
President Obama's announcement of his nomination of chief of staff Jack Lew as Treasury secretary. Watch....