Treasury Secretary http://wamc.org en Geithner Began With 'Smoldering' Economy; What Does He Leave? http://wamc.org/post/geithner-began-smoldering-economy-what-does-he-leave Outgoing Treasury Secretary Timothy Geithner has had a bruising four years. He took office when the U.S. economy was plunging into the worst recession since the Great Depression.<p>Nominating <a href="http://www.npr.org/blogs/thetwo-way/2013/01/10/169053851/obama-taps-jack-lew-for-treasury">Jack Lew</a> as Geithner's successor Thursday, President Obama praised his departing Treasury secretary for helping to get the economy back on track.<p>"With the wreckage of our economy still smoldering and unstable, I asked Tim to help put it back together," Obama said. Fri, 11 Jan 2013 08:44:00 +0000 John Ydstie 55519 at http://wamc.org Geithner Began With 'Smoldering' Economy; What Does He Leave? Obama Taps Top Aide Lew For Treasury http://wamc.org/post/obama-taps-top-aide-lew-treasury Saying he "cannot think of a better person" to take the job, President Obama this afternoon formally announced he is nominating Jacob "Jack" Lew, his chief of staff, to be the next Treasury secretary.<p>Word of Obama's decision to tap Lew, who previously served as budget director in the Obama and Clinton administration, <a href="http://www.npr.org/blogs/thetwo-way/2013/01/09/168953114/reports-obama-has-settled-on-jack-lew-his-chief-of-staff-for-treasury" target="_blank">broke Wednesday</a>.<p>"Jack has my complete trust," Obama said.<p>Of Geithner, the president said, "when the history books a Thu, 10 Jan 2013 19:14:00 +0000 Mark Memmott 55474 at http://wamc.org Obama Taps Top Aide Lew For Treasury