President Obama's speech today on Secretary of the Treasury

This is president Obama's speech today on personnel regarding his Secretary of the Treasury nomination and the resignation of Timothy Geithner as Treasure Secretary. Obama's Pick for Treasury is his Chief of Staff www.whitehouse.gov 1/10/2013 With his choice of Jacob J. Lew to be the secretary of Treasury, President Obama on Thursday will complete the transformation of his economic team from the big-name economists and financial firefighters hired four years ago to budget negotiators ready for the next fiscal fights in Congress. If confirmed by the Senate, the 57-year-old Mr. Lew — Mr. Obama's current chief of staff and former budget director — would become the president's second Treasury secretary, succeeding Timothy F. Geithner, who was the last remaining principal from the original economic team that took office at the height of the global crisis in January 2009.
Author: dAiLyCrApShOw
Duration: 14:51



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President Obama's speech today on Secretary of the Treasury