U.S. Treasury Secretary Jack Lew is in Beijing this morning wrapping up his two-day visit to China. It's his first foreign trip in his new role and the first high-level talks between the U.S. and China in six months.
New Treasury Secretary Jack Lew's signature will begin to appear on new dollar bills this year. President Obama nominated Lew to the post earlier this year.
In a few hours President Obama is expected to nominate White House Chief of Staff Jacob Lew as the next Treasury Secretary. He brings a very different type of experience to the job than current secretary Timothy Geithner.
Multiple news outlets are reporting that President Obama will put forth Jack Lew as his nominee to be the next Secretary of the Treasury in an announcement tomorrow.
Reporter Richard Teitelbaum discusses U.S. Treasury Secretary Henry Paulson and information given in advance to hedge fund managers on Fannie Mae and Freddie Mac interventions.
