Sunday, February 24, 2013

Senate panel plans Tuesday vote on Lew nomination

FILE - In this Feb. 13, 2013, file photo Jack Lew, President Barack Obama's choice to be treasury secretary, testifies during his confirmation hearing on Capitol Hill in Washington before the Senate Finance Committee. Democratic Sen. Max Baucus of Montana, chairman of the Senate Finance Committee, says the committee will vote on Lew's nomination Tuesday, Feb. 26, 2013, said Lew had answered the committee's questions "in a thorough and fully transparent manner" and that the committee has conducted a "thorough review" of the nominee. (AP Photo/J. Scott Applewhite, File)

FILE - In this Feb. 13, 2013, file photo Jack Lew, President Barack Obama's choice to be treasury secretary, testifies during his confirmation hearing on Capitol Hill in Washington before the Senate Finance Committee. Democratic Sen. Max Baucus of Montana, chairman of the Senate Finance Committee, says the committee will vote on Lew's nomination Tuesday, Feb. 26, 2013, said Lew had answered the committee's questions "in a thorough and fully transparent manner" and that the committee has conducted a "thorough review" of the nominee. (AP Photo/J. Scott Applewhite, File)

WASHINGTON (AP) ? The chairman of the Senate Finance Committee says the committee will vote on Tuesday on the nomination of former White House chief of staff Jack Lew to be treasury secretary.

Democratic Sen. Max Baucus of Montana says in a statement that Lew has answered the committee's questions "in a thorough and fully transparent manner" and the committee has conducted a "thorough review" of the nominee.

Lew would succeed Timothy Geithner in President Barack Obama's second-term Cabinet.

Some of the toughest questions he faced during his confirmation hearing dealt with his short time at Citibank. Lew was a top executive during the height of the financial crisis.

On policy matters, he addressed Europe's debt crisis, U.S.-China relations and the 2010 financial regulatory overhaul.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/89ae8247abe8493fae24405546e9a1aa/Article_2013-02-24-US-Treasury-Lew/id-1bb47708426c478ba3af4554b7763dc5

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