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Former Bailed-Out Citi Executive, Jack Lew, Wins Confirmation to Become Treasury Secretary

Published: February 28, 2013
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Source: USA Today

Barack Obama, Jack Lew, and Timothy Geithner

The Senate has confirmed President Obama's pick to run the the U.S. Treasury.

Jack Lew's nomination was approved Wednesday on a 71-26 vote.

The chairman of the Senate Budget committee praised the nominee, and the vote, in a statement issued afterward.

"Jack understands what it takes to tackle our economic and fiscal challenges in a balanced and bipartisan way," said Sen. Patty Murray, D-Wash., "and I am very glad that the Senate voted today to confirm him with strong bipartisan support so he can get to work."

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