Jacob "Jack" Lew

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Jacob "Jack" Lew
Jack lew.jpg
Occupation Treasury Secretary
Employer U.S. Department of the Treasury
Location Washington D.C.
Website www.treasury.gov

Jacob Lew, known in Washington as "Jack," is a former U.S. Treasury Secretary. He was nominated on January 9, 2013, by President Barack Obama to become the 76th U.S. Treasury secretary, succeeding Timothy Geithner.[1] He was confirmed by the U.S. Senate on February 27, 2013. [2]

Before heading the Treasury Department, Lew served as Obama's chief of staff.

During his 30-year career in Washington, Lew helped craft both the 1983 deal to extend the solvency of Social Security and the 1997 deficit reduction agreement that resulted in a U.S. a budget surplus by the end of the decade.

He is a member of the Council on Foreign Relations, the National Academy of Social Insurance, and of the bar in Massachusetts and the District of Columbia.

Background

Lew, a Democrat, had been a significant behind-the-scenes figure in the Clinton and Obama administrations and is considered a trusted adviser to Barack Obama. He has served as the chief operating officer at New York University, two divisions of Citigroup Inc. and the State Department.

He was a two-time director of the Office of Management and Budget, under Presidents Clinton and Obama.[3] [4] As special assistant to President Clinton from 1993 to 1994, Lew helped design Americorps, the national service program.[5]

He was a domestic policy advisor to House Speaker Tip O’Neill from 1979 to 1987, serving at the House Democratic Steering and Policy Committee as assistant director and then executive director.

He began his career as a congressional aide in 1973.

Education

Lew earned a B.A. from Harvard in 1978 and a J.D. from Georgetown University in 1983.[6]

References

  1. Obama to Nominate Lew as Treasury Secretary. The Wall Street Journal.
  2. Jack Lew confirmed as Treasury secretary. Washington Post.
  3. Obama to nominate Lew for Treasury. The Financial Times.
  4. Obama Said to Name Jack Lew to Replace Geithner at Treasury. Bloomberg.
  5. Chief of Staff Jack Lew. The White House.
  6. Biographical Information on Jack Lew. Newsday.