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*2013-Present: United States Secretary of the Treasury
 
*2013-Present: United States Secretary of the Treasury
 
==Confirmation vote==
 
==Confirmation vote==
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Lew was confirmed as the United States Secretary of the Treasury on February 27, 2013, by a vote of 71-26.  Senate Republicans cast 25 of the dissenting votes while the final dissenting vote was cast by [[Bernie Sanders]] (I-VT).<ref name="confirmation">[http://www.senate.gov/legislative/LIS/roll_call_lists/roll_call_vote_cfm.cfm?congress=113&session=1&vote=00025 ''United States Senate'', "Roll Call votes," accessed June 5, 2013]</ref>
 
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Revision as of 13:16, 7 February 2014

Jack Lew
Jack Lew.jpg
U.S. Secretary of the Treasury
Incumbent
In office
February 28, 2013-Present
Years in position 1
Elections and appointments
NominatedJanuary 10, 2013
ConfirmedFebruary 27, 2013
AppointedFebruary 28, 2013
Appointed byBarack Obama
Prior offices
White House Chief of Staff
2012-2013
Director of the Office of Management and Budget
2010-2012
Deputy Secretary of State for Management and Resources
2009-2010
Education
High schoolForest Hills High School
Bachelor'sHarvard University
J.D.Georgetown University
Personal
BirthdayAugust 29, 1955
Place of birthNew York City
ProfessionAttorney
ReligionOrthodox Judaism
Websites
Office website
Jacob Joseph "Jack" Lew (b. August 29, 1955, in New York, New York) is the current United States Secretary of the Treasury. Lew was sworn into office by Vice President Joe Biden on February 28, 2013.[1] The Senate voted to confirm Lew by a vote of 71-26 with 25 of the dissenting votes cast by Republicans and one from Bernie Sanders (I-VT).[2]

Lew began his political career as a legislative aide in 1973, and throughout his career, Lew served stints in the Office of Management and Budget, State Department and on the White House staff.[3]

Biography

Lew grew up in Queens, New York, and attended Forest Hills High School. He attended Carleton College for a year until he transferred to and graduated from Harvard University. Lew then finished his schooling by earning a law degree from Georgetown University.[4] He is notoriously guarded when it comes to his personal life and commutes to Washington, D.C. from the Bronx.[5]

Career

Below is an abbreviated outline of Lew's academic, professional and political career:[3][4][6][7][8][9]

  • 1974-1975: Aide to Representative Joe Moakley
  • 1978: Graduated from Harvard University
  • 1983: Earned law degree from Georgetown University Law Center
  • 1979-1987: Principal domestic policy advisor to House Speaker Thomas O'Neill
  • 1987-1991: Partner at law firm of Van Ness, Feldman & Curtis
  • 1992-1993: Executive Director for Center for Middle East Research
  • 1993-1994: Special Assistant to President Clinton
  • 1994-1995: Executive Associate Director and Associate Director for Legislative Affairs in the Office of Management and Budget
  • 1995-1998: Deputy Director for the Office of Management and Budget
  • 1998-2001: Director of the Office of Management and Budget
  • 2001-2006: Executive Vice President of New York University
  • 2006-2008: Chief Operating Officer of Citi Alternative Investments
  • 2008-2010: Deputy Secretary of State for Management and Resources
  • 2010-2012: Director of the Office of Management and Budget
  • 2012-2013: White House Chief of Staff
  • 2013-Present: United States Secretary of the Treasury

Confirmation vote

Lew was confirmed as the United States Secretary of the Treasury on February 27, 2013, by a vote of 71-26. Senate Republicans cast 25 of the dissenting votes while the final dissenting vote was cast by Bernie Sanders (I-VT).[10]

Jack Lew confirmation vote, February 27, 2013
Party Votes for Approveda Votes against Defeatedd Total votes
Democratic Party Democrats 50 0 50
Republican Party Republicans 20 25 45
Independent Independents 1 1 2
Total Votes 71 26 97
[10]

Issues

Iran sanctions

Lew and Secretary of State John Kerry scheduled a briefing with the Senate Banking Committee over nuclear talks with Iran, as the Senate considered new sanctions. Kerry and Lew arranged to testify on behalf of the Obama administration in order to push for the ability to waive sanctions depending on nuclear talks. The House passed a version of the bill with stronger sanctions in July.[11]

Debt limit

See also: United States budget debate, 2013

On September 26, 2013, Lew stated in a letter to Rep. John Boehner that the debt limit would need to be raised by October 16 or the government would enter into default on its obligations. If an agreement was not made by October 1, the government would shut down. When the issue arose in 2011, President Obama agreed to a $900 billion spending cut and sequestration, but he didn't intend to accept a similar deal this time around.[12]

Signature

Lew's signature, seemingly a series of connected loops, was overhauled in April 2013 to more closely resemble his name for use on currency notes in order for them to be legal tender. Upon his nomination to the position of U.S. Secretary of the Treasury, President Obama poked fun at Lew's old signature.[13]

Analysis

Department budget

U.S. Department of the Treasury[14] Annual Budget
YearBudget (in billions)% Difference from previous year
2014$16.17.33%
2013$15.0N/A
  • Note: 2014 only represents the Department's budget request, not an enacted budget.

Personal

Lew is married with two grown children.[4]

Recent news

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Jack Lew News Feed

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External links


References

Political offices
Preceded by
Timothy Geithner
U.S. Secretary of the Treasury
2013-Present
Succeeded by
-
Preceded by
William Daley
White House Chief of Staff
2012-2013
Succeeded by
Dennis McDonough
Preceded by
Peter Orszag
Director of the Office of Management and Budget
2010-2012
Succeeded by
Sylvia Mathews Burwell
Preceded by
Franklin D. Raines
Director of the Office of Management and Budget
1998-2001
Succeeded by
Mitch Daniels