Reports: Obama To Nominate Jack Lew For Treasury Secretary

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President Obama will nominate Jack Lew, his chief of staff, to replace Timothy Geithner as the next U.S. Treasury Secretary, according to multiple media reports. Geithner has said he plans to step down before the government reaches the federal debt ceiling, due sometime in the next few months.

(Photo: OwenDB/Black Star/Black Star/Newscom)

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