(CNN) - Jack Lew came one step closer to Senate confirmation as President Barack Obama's second Treasury secretary when the Senate Finance Committee approved his nomination Tuesday.
His nomination now goes to the full Senate where he is expected to be easily confirmed – especially compared to Obama's nominee for Defense secretary, former Sen. Chuck Hagel, who faced a Republican filibuster of his nomination
Washington (CNNMoney) – Treasury Secretary nominee Jack Lew faced some tough questions during his first confirmation hearing on Wednesday, as Republicans targeted his experience at Citigroup during the financial crisis.
In particular, lawmakers on the Senate Finance Committee asked Lew, now the White House Chief of Staff, about a fund organized in the Cayman Islands that he and other Citigroup employees invested in while he was employed there.FULL STORY
(CNN) - Republicans opposed to Jack Lew's nomination to be treasury secretary may have a new line of criticism against him.
It's one which has been public for several years, but until recently received little scrutiny.
Washington (CNNMoney) - It won't all be smooth sailing for Treasury Secretary nominee Jack Lew.
On Monday, a group of eight Republican senators fired out a letter claiming that Lew didn't comply with a federal law over Medicare funds while he was running the White House budget office.FULL STORY
Washington (CNNMoney) - Jack Lew, the nominee to be the next Treasury Secretary, would be among the least wealthy to hold the job in recent history, even though he had a short tenure on Wall Street.
That's partly due to the fact that, as an investor, he's quite conservative.FULL STORY
Washington (CNNMoney) – President Obama will nominate his White House chief of staff, Jacob "Jack" Lew, to be the next U.S. Treasury Secretary on Thursday, according to a White House official.
Lew, 57, has been the leading candidate for months and would be the second Treasury Secretary during the Obama administration. Obama is expected to make the announcement during an early afternoon event in the East Room of the White House.FULL STORY
New York (CNNMoney) – Jack Lew, Obama's presumptive nominee for U.S. Treasury Secretary will face many challenges if he is confirmed - from increasing the debt ceiling to tackling budget cuts.
He may also have to change his signature.FULL STORY
Washington (CNNMoney) - President Obama will nominate his White House chief of staff, Jacob "Jack" Lew, to be the next U.S. Treasury Secretary on Thursday, a source with knowledge of the nomination tells CNN.
Lew, 57, has been the leading candidate for months and would be the second Treasury Secretary during the Obama administration.FULL STORY
(CNN) - Jack Lew, the White House chief of staff, said Sunday the Supreme Court decision upholding President Barack Obama's health care measure should put to rest the national debate over the law's practicality.
Speaking on CNN's "State of the Union," Lew said the Affordable Care Act, which was signed into law in 2010, needs to be fully implemented before Americans assess its merit, and that detractors of the law, including Obama's opponent in the 2012 presidential election, were using it to divide the country.