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The White House officially nominated Jacob Lew as Treasury secretary, after widespread speculation that Lew would get the nod.
January 10 -
White House Chief of Staff Jacob Lew, who is widely expected to be nominated as Treasury secretary, is something of an unknown quantity to the financial industry.
January 9
WASHINGTON — Former U.S. Treasury Secretary Timothy Geithner will rejoin the Council on Foreign relations later this month, the organization announced on Wednesday.
Geithner, who stepped down last month, will be a distinguished fellow at the Council in New York. He was also senior fellow at the Council in 2001.
"We are thrilled to welcome Tim back to the Council on Foreign Relations," said CFR President Richard N. Haass in a press release. "Both at Treasury and at the New York Federal Reserve, Tim was a tireless, creative, and responsible custodian of the public trust. His coming to CFR only strengthens our capacity to produce thoughtful analysis of issues at the intersection of economic, political, and strategic developments."
Geithner stepped down as secretary Jan. 25. President Obama nominated Jacob J. Lew, a former White House chief of staff and Citigroup executive, to succeed Geithner. Lew's appointment is pending Senate confirmation.
