Obama to nominate Jack Lew as Treasury chief

Orthodox Jewish White House chief of staff would replace Timothy Geithner; Senate is expected to approve appointment.

By HILARY LEILA KRIEGER, JPOST CORRESPONDENT
January 9, 2013 20:58
1 minute read.
Obama introduces new chief of staff Jack Lew

Jack Lew and Obama 311. (photo credit: REUTERS)

 
X

Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analyses from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user experience almost completely free of ads
  • Access to our Premium Section
  • Content from the award-winning Jerusalem Report and our monthly magazine to learn Hebrew - Ivrit
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief

UPGRADE YOUR JPOST EXPERIENCE FOR 5$ PER MONTH Show me later

WASHINGTON – US President Barack Obama is expected on Thursday to nominate his current chief of staff, Jack Lew, to be treasury secretary.

Lew, the first Orthodox Jew to serve as White House chief of staff, has long been expected to be offered the job.

A former two-time director of the Office of Management and Budget, Lew has already participated in many of the tense fiscal negotiations with Republican leaders that are set to continue in Obama’s second term.

Lew, who does not work on Shabbat, has close ties with Jewish leaders in Washington and campaigned for Obama among the Jewish community during the 2012 campaign.

Lew told The Jerusalem Post in the final days of the campaign that from his perspective, “The United States and Israel have never had a closer relationship working day to day on matters of national security at every level.”


If confirmed by the US Senate, Lew would replace current Treasury Secretary Timothy Geithner, who has said that he intends to step down by the end of the month. Lew, who has held other positions requiring Senate approval, is expected to win confirmation from the Democratic-majority body despite having rankled some Republicans in earlier negotiations.

In what is likely to be one of his last meetings with a foreign counterpart, Geithner hosted Finance Minister Yuval Steinitz this week in Washington. The two men agreed to create a bilateral forum to review the impact of sanctions on Iran and how to increase pressure on the Islamic Republic.

Steinitz stressed to Geithner that Israel believes additional sanctions are needed alongside a serious military threat to convince Iran to stop its nuclear activities.

JTA contributed to this report.

Join Jerusalem Post Premium Plus now for just $5 and upgrade your experience with an ads-free website and exclusive content. Click here>>

Related Content

January 18, 2019
White House: second U.S.-North Korea summit planned for end of February

By REUTERS