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News Desk: Jack Lew Headed to Treasury to Replace Geithner

President Barack Obama walks with Chief of Staff Jack Lew on the Colonnade of the White House, Nov. 21, 2012. (Official White House Photo by Pete Souza)

ACCORDING TO Bloomberg, though this nomination has been widely expected. Lew comes from the Clinton era economic wing that prominently featured Robert Reich.

President Barack Obama plans to name White House Chief of Staff Jack Lew tomorrow as his choice for Treasury secretary, replacing Timothy F. Geithner, a person familiar with the process said.

Lew, 57, who also has served as director of the Office of Management and Budget, has been offered the Treasury post by Obama, according to the person, who asked for anonymity to discuss personnel matters.

The Atlantic has a profile of Lew.

Unlike Geithner, a disciple of Robert Rubin and product of Clinton-era economics, Lew is more closely aligned with class-warrior image that Obama adopted during the election campaign. A staunch liberal, he started his political career canvassing for anti-war hero Eugene McCarthy in 1968 (he was 12); his adviser at Carleton College was Paul Wellstone, later an iconic liberal senator; and one of his first jobs in Washington was working for Democratic lion and former Speaker of the House Tip O’Neill.

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One Response to News Desk: Jack Lew Headed to Treasury to Replace Geithner

  1. TPAZ January 9, 2013 at 6:47 pm #

    No one in Obama’s Administration is a staunch Democrat. They were all purged or change their political orientation Before January 20th, 2009. Please raise your hand if you believed voting for Obama would make the people governing America younger and more diverse Instead of older, whiter, and more male. What’s even more interesting is that Obama is the youngest person inside his inner and outer executive circles. Bill Clinton became president at 46 years of age and surrounded himself with people in their 40s and even 30s. Obama is insecure around people of his age and younger and camouflages this inadequacy with cheap slogans like forward while surrounding himself with old white guys.

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