Obama nominates Jack Lew to succeed Geithner at Treasury
WASHINGTON (Reuters) - President Barack Obama on Thursday nominated his chief of staff, Jack Lew, to become the next Treasury secretary and succeed Timothy Geithner.
"Jack has my complete trust," Obama said at a White House ceremony.
(Reporting By Jeff Mason and Steve Holland)
- Tweet this
- Share this
- Digg this
Trending On Reuters
The government plans to raise about 891.2 billion rupees ($14.4 billion) by reducing its stakes in state-run banks to 52 percent, the junior finance minister said on Friday, sending shares of state lenders higher. Full Article