Jack Lew may succeed Timothy Geithner as treasury secretary, sources say

Jack Lew may succeed Timothy Geithner as treasury secretary, sources say
Newsday ^

Posted on 01/09/2013 7:38:33 AM PST by Perdogg

President Barack Obama may choose White House Chief of Staff Jack Lew to replace Treasury Secretary Timothy F. Geithner as soon as this week, according to two people familiar with the matter.

(Excerpt) Read more at newyork.newsday.com ...

TOPICS: Breaking News; Business/Economy; Politics/Elections
KEYWORDS: bho44; geithner; jacklew; treasury

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1 posted on 01/09/2013 7:38:37 AM PST by Perdogg

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To: Perdogg

Anyone know much about this guy?

He was twice head of OMB, in last two years of Clinton, and under Obama, as well as later being Obama’s chief of staff.

Clearly very bright, but no financial markets background, but maybe that doesn’t matter as much now. Obama clearly thinks budget fights are going to be an ongoing matter and wants someone with a strong brief in those fights on his side.

Orthodox Jew, according to Wikipedia

2 posted on 01/09/2013 7:54:50 AM PST by babble-on

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To: babble-on

The track record of the nominator speaks for itself.

3 posted on 01/09/2013 8:02:45 AM PST by b4its2late (A Liberal is a person who will give away everything he doesn't own.)

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To: Perdogg

Yup. Timothy is getting really behind on his taxes and said he needed the time off to catch up.

4 posted on 01/09/2013 8:06:20 AM PST by Don Corleone ("Oil the gun..eat the cannoli. Take it to the Mattress.")

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To: Perdogg

. . . a new king is crowned!

5 posted on 01/09/2013 8:15:19 AM PST by AtlasStalled

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To: babble-on

This guy was picked by baraq.
Birds of a feather at work here.
Expect timmy geithner redux or worse.

6 posted on 01/09/2013 8:28:24 AM PST by Texas resident (The idiots run the show now)

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To: babble-on

>> Orthodox Jew, according to Wikipedia <<

And works for a guy who hates Israel? His rabbi needs to have a talk with him. He certainly doesn't share the views of most of his fellow Orthodox Jews.

7 posted on 01/09/2013 8:45:01 AM PST by BillyBoy ( Impeach Obama? Yes We Can!)

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To: Perdogg

BUT, BUT....I thought Geithner was the only man who could do the job and without him the economy would collapse. Isn't that what we were sold in 2009? So does this mean he has done his job and the world is safe or does this mean he really couldn't do the job and is moving on to more important things. I'm confused.

8 posted on 01/09/2013 8:46:25 AM PST by when the time is right

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To: Perdogg

Hmmmm. I see a pattern here.....

9 posted on 01/09/2013 8:58:09 AM PST by DickBrannigan (When did logic become reversed, and right became wrong, and wrong became right?)

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To: Perdogg

Unless he cheated on his taxes, he is ineligible! [in this regime]

10 posted on 01/09/2013 8:59:27 AM PST by C210N (When people fear government there is tyranny; when government fears people there is liberty)

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To: babble-on

All that counts is that, if he has never paid his taxes, he’s in.

11 posted on 01/09/2013 9:02:14 AM PST by DPMD

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To: BillyBoy

I recall that, shortly after KGB director Yuri Andropov was declared USSR king, “stories” about his own Jewish heritage began to circulate. Propaganda knows no boundaries.

12 posted on 01/09/2013 9:04:14 AM PST by DPMD

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To: All