October 1, 2013 If Congress doesn't raise the debt ceiling by Oct. 17, the U.S. could fail to "meet all its obligations for the first time in our history."
Jack Lew has been nominated to be the next Treasury secretary.
Mandel Ngan /AFP/Getty Images
January 10, 2013 The president has nominated his chief of staff. Jack Lew is also a former budget director in both the Clinton and Obama administrations. He would replace Timothy Geithner, who plans to step down soon.
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Jacob "Jack" Lew's signature, on the 2012 "Mid-Session Review" of the federal budget. He was director of the Office of Management and Budget at the time.
January 9, 2013 The man said to be President Obama's choice to be the next Treasury secretary has a very loopy, quite unusual signature. If he's confirmed, his John Hancock goes on U.S. currency. See what that might look like.
Jack Lew, current White House chief of staff. He's likely to be the nominee for treasury secretary.
Jonathan Ernst /Reuters /Landov
January 9, 2013 Lew, who earlier was budget director in both the Obama and Clinton administrations, has long been thought to be the leading candidate to replace Timothy Geithner.
January 9, 2012 Daley, who became chief of staff one year ago, was replaced by Budget Director Jack Lew. President Obama said Daley did "extraordinary work."
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