
(Ray Lustig/TWP)
Jack Lew has been confirmed by the Senate as President Obama’s new Treasury secretary. Lew had served as Obama’s Chief of Staff since January 2012.
Widely respected by centrists and liberals alike, Lew won positive reviews of his work as deputy secretary of state under Hillary Rodham Clinton after his role as director of the Office of Management and Budget (OMB) in the Clinton administration. In July 2010, President Obama tapped him to return to his old White House stomping grounds as the replacement for OMB Director Peter Orszag. He was confirmed that November.
As Clinton OMB director, Lew was responsible for coordinating administration efforts on the budget and appropriations and operated at a surplus for three years. At the time he drew praise from many Hill Republicans like Rep. C. W. "Bill" Young (R-Fla.), the former Republican chairman of the House Appropriations Committee. ''I enjoy working with Jack Lew,'' said Young in 1999. ''He's a tough negotiator, but he's very nice to work with.''
Treasury Secretary Lew Defends Handling of IRS Scandal
via ABC News
US Treasury secretary says he has begun tapping federal retiree pension fund to avoid default
WASHINGTON — Treasury Secretary Jacob Lew said late Monday he will begin tapping into two government employee retirement funds to buy more time before the U.S. Treasury is faced with the prospect of defaulting on the national debt.
AP source: Obama to appoint senior budget official Daniel Werfel as acting IRS commissioner
WASHINGTON — President Barack Obama will appoint senior White House budget officer Daniel Werfel to be acting commissioner of the Internal Revenue Service, a White House official says.
Four Non-IRS Questions for Treasury Secretary Jack Lew
via Time
Obama meets with new acting IRS head Daniel Werfel, expects report back in 30 days
WASHINGTON — The White House says President Barack Obama has met with Daniel Werfel, the new acting commissioner of the Internal Revenue Service.
Treasury Secretary Lew says administration will start procedures to avoid defaulting on debt
WASHINGTON — Treasury Secretary Jacob Lew told Congress on Friday that the administration will begin taking steps next week to avoid a default on the nation’s debt until Congress votes to raise the government’s borrowing limit.
The Post Most: PoliticsMost-viewed stories, videos and galleries int he past two hours







