Wed Feb 27, 2013, 06:23 PM
Eugene (19,605 posts)
Senate approves Lew as new Treasury chief
WASHINGTON | Wed Feb 27, 2013 6:13pm EST
(Reuters) - The Senate on Wednesday confirmed Jack Lew as President Barack Obama's new treasury secretary, putting the former White House chief of staff in the middle of a bitter political fight over the government's budget.
Senators backed Lew in a 71-26 vote, with the nominee capturing all of the chamber's 53 Democrats. Some Republicans had expressed misgivings about Lew's perks from previous employers Citigroup and New York University.
Lew's most pressing task will be to find a compromise to lessen the economic blow from $85 billion in government spending cuts that are set to kick in on Friday.
(Reporting by Anna Yukhananov and Rachelle Younglai; editing by Christopher Wilson)
Read more: http://www.reuters.com/article/2013/02/27/us-usa-congress-lew-idUSBRE91P0KV20130227
13 replies, 2014 views
Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Senate approves Lew as new Treasury chief (Original post)
|Jumpin Jack Fletch||Feb 2013||#13|
|Leslie Valley||Feb 2013||#10|
Response to jaysunb (Reply #8)
Wed Feb 27, 2013, 07:19 PM
freshwest (49,999 posts)
11. Teahadist dolts say getting rid of the Federal Reserve and IRS is the only answer to the bankers.
They would like to see one of the Pauls in place, YIKES.
But I propose that we hold back the Idiocracy as long as we can...