Author Topic: Senate confirms Lew as Treasury secretary (Read 1171 times)

Chris_ · « **on:** February 27, 2013, 10:31:27 PM »

The Senate on Wednesday confirmed Jack Lew as Treasury secretary in a 71-26 vote, installing him to replace Tim Geithner just as a round of steep budget cuts is poised to take effect.

The former Obama chief of staff was confirmed following a hearing that raised concerns about his time as a Citigroup executive, including an overseas investment in an employee fund. Republicans also faulted him, as former budget director, for his role in drafting deficit-heavy budgets under President Obama.

Beyond the budget, Lew is expected to hew closely to the positions Geithner struck on Europe's debt crisis, the U.S. relationship with China and the administration's defense of the Dodd-Frank financial overhaul law that the banking industry has fought to weaken.

Fox News

thundley4 · « **Reply #1 on:** February 27, 2013, 10:34:45 PM »

Quote

Beyond the budget, Lew is expected to hew closely to the positions Geithner struck on Europe's debt crisis, the U.S. relationship with China and the administration's defense of the Dodd-Frank financial overhaul law that the banking industry has fought to weaken.

In other words, Lew is expected to do as Obama's puppet masters wish.

Tess Anderson · « **Reply #2 on:** February 27, 2013, 11:30:30 PM »

First Hagel, then this one and both are unqualified to have their new jobs. I see Rand Paul joined in with the Democrats again on this vote, too, no surprise.

DumbAss Tanker · « **Reply #3 on:** February 27, 2013, 11:38:56 PM »

Quote from: thundley4 on February 27, 2013, 10:34:45 PM

In other words, Lew is expected to do as Obama's puppet masters wish.

Yeah, basically...a bigger tax cheat than Geithner, and even more of a Prog political operative, who has been instrumental in playing hide the ball versus Congressional information demands in the past. Actually the kind of guy who could end up getting Obama in real hot water, if Obama gets his way and is able to install partisan crooks like him in the majority of senior positions, because they don't lack at all for hubris.