Jack Lew has been nominated to be the next Treasury secretary. Mandel Ngan /AFP/Getty Images hide caption

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Mandel Ngan /AFP/Getty Images

President Obama announces nomination of Jack Lew for Treasury

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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. WhiteHouse.gov hide caption

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WhiteHouse.gov