The U.S. president Barack Obama has appointed Jack Lew Treasury Secretary. Lew replaces Timothy Geithner and will be 76mo U.S. Treasury Secretary."Output from Lew White House chief of staff is a loss for me, but gains the country," said Obama, noting that he had consulted Lew for every economic decision and not the last few years. "He has my complete confidence. I hope that the Senate confirm it quickly."
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