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Obama nominates Jack Lew to succeed Geithner at Treasury

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U.S. President Barack Obama announces his nomination of White House chief of staff and budget expert Jack Lew (R) as his next treasury secretary, in the East Room of the White House in Washington, January 10, 2013. REUTERS/Kevin Lamarque

U.S. President Barack Obama announces his nomination of White House chief of staff and budget expert Jack Lew (R) as his next treasury secretary, in the East Room of the White House in Washington, January 10, 2013.

Credit: Reuters/Kevin Lamarque

WASHINGTON | Fri Jan 11, 2013 12:37am IST

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)

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