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Jack Lew Confirmed as Treasury Secretary
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by News Editor
Jack Lew and President Obama in the Oval Office. Photo: Wikipedia.
Washington Post – The Senate confirmed Jack Lew as Treasury Secretary Wednesday, giving him broad responsibilities over the U.S. economy just as the country faces potentially severe budget cuts, a still-tepid recovery and an overhaul of financial regulations that remains incomplete.
After being grilled by Republican lawmakers in recent weeks over his work and pay at bailout recipient Citigroup, Lew was given the Senate’s green light in a 71 to 26 vote.
