Jacob "Jack" Lew

From MarketsWiki
(Redirected from Jacob J. Lew)
Jump to navigation Jump to search




Jacob "Jack" Lew
Jack lew.jpg
Occupation Treasury Secretary
Employer U.S. Department of the Treasury
Location Washington D.C.
Website www.treasury.gov

Jacob Lew, known in Washington as "Jack," is a former U.S. Treasury Secretary. He was nominated on January 9, 2013, by President Barack Obama to become the 76th U.S. Treasury secretary, succeeding Timothy Geithner.[1] He was confirmed by the U.S. Senate on February 27, 2013. [2]

Before heading the Treasury Department, Lew served as Obama's chief of staff.

During his 30-year career in Washington, Lew helped craft both the 1983 deal to extend the solvency of Social Security and the 1997 deficit reduction agreement that resulted in a U.S. a budget surplus by the end of the decade.

He is a member of the Council on Foreign Relations, the National Academy of Social Insurance, and of the bar in Massachusetts and the District of Columbia.

Background[edit]

Lew, a Democrat, had been a significant behind-the-scenes figure in the Clinton and Obama administrations and is considered a trusted adviser to Barack Obama. He has served as the chief operating officer at New York University, two divisions of Citigroup Inc. and the State Department.

He was a two-time director of the Office of Management and Budget, under Presidents Clinton and Obama.[3] [4] As special assistant to President Clinton from 1993 to 1994, Lew helped design Americorps, the national service program.[5]

He was a domestic policy advisor to House Speaker Tip O’Neill from 1979 to 1987, serving at the House Democratic Steering and Policy Committee as assistant director and then executive director.

He began his career as a congressional aide in 1973.

Education[edit]

Lew earned a B.A. from Harvard in 1978 and a J.D. from Georgetown University in 1983.[6]

References[edit]

John Lothian News logo1.png

@JohnLothian Twitter Feed

@JohnLothian: The final blow? UK PM Boris Johnson loses two key ministers
The final blow? UK PM Boris Johnson loses two key ministers https://t.co/xq4FHokNaU— John Lothian (@JohnLothian) July 5, 2022

View Page

@JohnLothian: U.S. exchanges win court appeal on SEC market data order
U.S. exchanges win court appeal on SEC market data order https://t.co/MgxLz0Ws7b— John Lothian (@JohnLothian) July 5, 2022

View Page

@JohnLothian: Martin Gilbert’s AssetCo cancels controversial bonus scheme
Martin Gilbert’s AssetCo cancels controversial bonus scheme https://t.co/HIxyVx7P1W— John Lothian (@JohnLothian) July 5, 2022

View Page

@JohnLothian: Norway strikes threaten to cut off gas supplies to UK within days
Norway strikes threaten to cut off gas supplies to UK within days https://t.co/oMXdDgKPyw— John Lothian (@JohnLothian) July 5, 2022

View Page

@JohnLothian: The truth starts to catch up with the prime minister
The truth starts to catch up with the prime minister https://t.co/SsfCMZEh3T— John Lothian (@JohnLothian) July 5, 2022

View Page

@JohnLothian: Johnson on the brink after Sunak and Javid quit cabinet
Johnson on the brink after Sunak and Javid quit cabinet https://t.co/AC0AUZg5BL— John Lothian (@JohnLothian) July 5, 2022

View Page

We visit more than 100 websites daily for financial news (Would YOU do that?). Read the John Lothian Newsletter.