Senate panel plans Tuesday vote on Lew nomination
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.