US: Obama names Jack Lew to head Treasury

The US President, Barak Obama has presented his nominee for treasury secretary- Jack Lew, the White House chief of staff, an Orthodox Jew. Lew still requires the Senate to confirm his appointment to replace Timothy Geithner.


Obama said Lew is “a master of policy who can work with members of both parties and forge principled compromises,” describing him as a man who “worked and succeeded in some of the toughest jobs in Washington.” The Union of Orthodox Jewish praised Obama for the appointment. (Yitzhak Benhorin, Washington)