Thursday, February 7, 2013

Senate panel to vet Lew for Treasury secretary next week

WASHINGTON (Reuters) - The Senate Finance Committee will hold a hearing on February 13 to consider the nomination of Jacob "Jack" Lew for Treasury secretary, the committee said on Wednesday.

Committee chairman Max Baucus, a Montana Democrat, will question Lew "about his experience, his views on fiscal policy and ideas for spurring economic growth" at the 10 a.m. hearing, the committee said.

"We have a tremendous amount of work to do over the next couple months to get our fiscal house in order. It is my hope that ? after a thorough vetting process - Jack Lew will be quickly confirmed so he can help tackle our country's pressing economic issues," Baucus said in the committee statement.

Lew was recently Obama's chief of staff and a former White House budget director.

(Reporting by Rachelle Younglai; Editing by Jackie Frank)

Source: http://news.yahoo.com/senate-panel-vet-lew-treasury-secretary-next-week-003101185--business.html

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