Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace

Holiday hiring hustle and bustle

Nov 15, 2019

Latest Episodes

Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy
Download
HTML Embed
HTML EMBED
Click to Copy
Download
HTML Embed
HTML EMBED
Click to Copy
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy

Lew Treasury nomination would signal new budget-focused agenda

Eve Troeh Jan 10, 2013
Share Now on:
HTML EMBED:
COPY

In a few hours, President Obama is expected to nominate White House Chief of Staff Jack Lew as the next Treasury Secretary. He brings a very different type of experience to the job than current secretary Timothy Geithner.

Many Washington observers say in choosing Lew, the President is sending a message about the agenda for his second term. Instead of an expert economist or veteran banker, he’s a Washington insider whose strengths lie in negotiation.

“To me it just signals that the emphasis is not on banking, and not on pretty much the overall economy, per se, but on the budget issues,” says John Silvia, an economist at Wells Fargo.

He says financial regulation will chug forward under other agencies while the White House hammers out long-term spending and federal debt issues.

Sarah Binder at the Brookings Institution says Lew has not been a visible presence at the fiscal cliff table, “but I think his behind-the-scenes role there has really been integral to the White House’s approach,” Binder says.

Jack Lew was a budget director for President Obama, and before that President Clinton. If confirmed as Treasury Secretary, his role as a Presidential confidante and strategist will continue.


Audio Extra: Hans Nichols of Bloomberg News profiles Jack Lew and tells us what a Lew Treasury Secretary nomination could mean for Washington.

Fall of the Berlin Wall
Fall of the Berlin Wall
The financial lessons of Germany's reunification 30 years ago.  
Check Your Balance ™️
Check Your Balance ™️
Personal finance from Marketplace. Where the economy, your personal life and money meet.
How We Survive
How We Survive
Climate change is here. Experts say we need to adapt. This series explores the role of technology in helping humanity weather the changes ahead.