Politics News Alert

Senate confirms Jack Lew as Treasury secretary

The Senate confirmed Jack Lew as Treasury Secretary on Wednesday, giving him broad responsibilities over the U.S. economy just as the country faces potentially severe budget cuts, a still-tepid recovery, and an overhaul of financial regulations that remains incomplete.

After being grilled by Republican lawmakers in recent weeks over his work and pay at bailout recipient Citigroup, Lew was given the Senate's greenlight in a 71-26 vote.

Read more at:
http://www.washingtonpost.com/politics/whitehouse/senate-confirms-president-barack-obamas-nomination-of-jacob-lew-for-treasury-secretary/2013/02/27/3657903a-8133-11e2-a671-0307392de8de_story.html

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