(Image source: White House / Flickr)

 

 

BY ZACH TOOMBS

 

 

Another day closer to the president’s second inauguration, another cabinet nomination pretty much everyone saw coming.

 

“Hearing from a source that President Obama will be nominating Chief of Staff Jack Lew to replace Timothy Geithner as Treasury Secretary.” [Video: CNN]

 

“This is someone who President Obama has a very good working relationship with, and of course, this is a key moment, a critical moment to take over this spot of Treasury Secretary." [Video: MSNBC]

 

That nomination is expected to come Thursday — it’s been widely predicted by pundits over the past month. Lew will be replacing Geithner, who’s served as Treasury Secretary for the entirety of Obama’s first term. [Photos: White House Flickr]

 

- White House Chief of Staff, Jan. 2012 - present

- Director, Office of Budget and Management, 2010 - 2012 & 1998 - 2001

- Citigroup, Chief operating officer for alternative investments, 2006 - 2009

 

Now, Lew served the last year as chief of staff. Before that, he directed the Office of Budget and Management for two years — a position he also held under Clinton in the late 90s. He was with Citigroup as a chief operating officer from 2006 until he joined the Obama administration.

 

Lew’s nomination comes wedged between two huge fiscal battles in Washington — one over the so-called “fiscal cliff” a week ago — another over the debt ceiling limit and delayed spending cuts in two months time. Bloomberg’s Peter Cook says this means Lew’s confirmation process in the Senate will likely become a proxy fight over how to deal with those problems.

 

“The hearings that will take place will be an opportunity for Republicans and Democrats to get into it over the debt ceiling, to get into it over entitlement programs … At the end of the day, it’ll be more about those larger fiscal issues than it will about Jack Lew himself.”

 

And although the mild-mannered Lew might not seem as controversial as other cabinet picks like Chuck Hagel, Politico’s Manu Rahu writes:

 

“Lew has irked powerful Republicans like Senate Minority Leader Mitch McConnell during tense negotiations to raise the debt ceiling … Several Republicans said Tuesday they don’t view Lew as a man interested in hearing GOP concerns.”

 

There is just one other little side note about Lew’s potential new job.

 

If he does become Treasury secretary, get used to seeing his signature. It would grace every newly-printed dollar bill, and it’s what you could only call … distinctive.

 

New York Magazine says, actually, it reminds them of a few things:
 

– a Slinky that has lost its spring

– one of those Crazy Straws you get at Six Flags

– and Sally Brown's hair in Peanuts

 

Of course, Lew could always take the route Geithner took — whipping up a new signature specifically for dollar bills. 

 

As of yet, no confirmation hearings have been set for Lew or the rest of Obama’s cabinet nominees.

 

Obama Taps Chief of Staff Jack Lew for Treasury

by Zach Toombs
0
Transcript
Jan 9, 2013

Obama Taps Chief of Staff Jack Lew for Treasury

 

(Image source: White House / Flickr)

 

 

BY ZACH TOOMBS

 

 

Another day closer to the president’s second inauguration, another cabinet nomination pretty much everyone saw coming.

 

“Hearing from a source that President Obama will be nominating Chief of Staff Jack Lew to replace Timothy Geithner as Treasury Secretary.” [Video: CNN]

 

“This is someone who President Obama has a very good working relationship with, and of course, this is a key moment, a critical moment to take over this spot of Treasury Secretary." [Video: MSNBC]

 

That nomination is expected to come Thursday — it’s been widely predicted by pundits over the past month. Lew will be replacing Geithner, who’s served as Treasury Secretary for the entirety of Obama’s first term. [Photos: White House Flickr]

 

- White House Chief of Staff, Jan. 2012 - present

- Director, Office of Budget and Management, 2010 - 2012 & 1998 - 2001

- Citigroup, Chief operating officer for alternative investments, 2006 - 2009

 

Now, Lew served the last year as chief of staff. Before that, he directed the Office of Budget and Management for two years — a position he also held under Clinton in the late 90s. He was with Citigroup as a chief operating officer from 2006 until he joined the Obama administration.

 

Lew’s nomination comes wedged between two huge fiscal battles in Washington — one over the so-called “fiscal cliff” a week ago — another over the debt ceiling limit and delayed spending cuts in two months time. Bloomberg’s Peter Cook says this means Lew’s confirmation process in the Senate will likely become a proxy fight over how to deal with those problems.

 

“The hearings that will take place will be an opportunity for Republicans and Democrats to get into it over the debt ceiling, to get into it over entitlement programs … At the end of the day, it’ll be more about those larger fiscal issues than it will about Jack Lew himself.”

 

And although the mild-mannered Lew might not seem as controversial as other cabinet picks like Chuck Hagel, Politico’s Manu Rahu writes:

 

“Lew has irked powerful Republicans like Senate Minority Leader Mitch McConnell during tense negotiations to raise the debt ceiling … Several Republicans said Tuesday they don’t view Lew as a man interested in hearing GOP concerns.”

 

There is just one other little side note about Lew’s potential new job.

 

If he does become Treasury secretary, get used to seeing his signature. It would grace every newly-printed dollar bill, and it’s what you could only call … distinctive.

 

New York Magazine says, actually, it reminds them of a few things:
 

– a Slinky that has lost its spring

– one of those Crazy Straws you get at Six Flags

– and Sally Brown's hair in Peanuts

 

Of course, Lew could always take the route Geithner took — whipping up a new signature specifically for dollar bills. 

 

As of yet, no confirmation hearings have been set for Lew or the rest of Obama’s cabinet nominees.

 

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