Jack Lew confirmed as next US treasury secretary

Jack Lew testifies before Congress in Washington DC 13 February 2013 Jack Lew will take up his new post amid congressional gridlock on how to reduce the US budget deficit

Jack Lew has been confirmed as the next US treasury secretary in a 71-26 vote of the Senate.

Mr Lew, 57, was recently chief of staff to President Barack Obama, who nominated him to the new role.

Mr Lew takes up his post amid tense negotiations between the White House and congressional Republicans.

They are fighting over a looming series of spending cuts know as the sequester, which would cut $85bn (£56bn) from the federal budget this year.

The cuts, which are set to begin to take effect on Friday if Congress does not act to avert them, would be split between defence and domestic programmes, with a total of $1.2tn reductions until 2022.

After the vote, Mr Obama praised Mr Lew's qualifications and said he had been by his side "as we confronted our nation's toughest challenges".

"His reputation as a master of fiscal issues who can work with leaders on both sides of the aisle has already helped him succeed in some of the toughest jobs in Washington," Mr Obama said.

Before working as Mr Obama's chief of staff, Mr Lew was his budget director. He also filled that role under President Bill Clinton.

More on This Story

US Economy

Related Stories

More US & Canada stories


Features & Analysis

Elsewhere on the BBC

  • KnucklesGood or bad?

    For many it can be very satisfying to 'crack' the bones in your hand, but is it bad for you?


  • 3D model of Christ the Redeemer statueClick Watch

    Using drones to 3D map the famous Brazilian landmark Christ the Redeemer

Try our new site and tell us what you think. Learn more
Take me there

Copyright © 2015 BBC. The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.