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On February 27, 2013, the full Senate voted and approved Lew for Secretary of the Treasury by a 71–26 vote. [61] He was sworn into office on February 28, 2013. [62] In December 2013, Lew said that the government might run out of cash to pay the country's bills by late February or early March 2014.
The secretary of state, the secretary of the treasury, the secretary of defense, and the attorney general are generally regarded as the four most important Cabinet officials, due to the size and importance of their respective departments. [5] The current secretary of the treasury is Janet Yellen, who is the first woman to hold the office. [6] [7]
Timothy Franz Geithner (/ ˈ ɡ aɪ t n ər /; born August 18, 1961) is an American former central banker who served as the 75th United States Secretary of the Treasury under President Barack Obama from 2009 to 2013.
Donald Trump has nominated Scott Bessent to be the next Treasury secretary and Russell Vought as Office of Management and Budget director. ... From 2013 to 2017, he served in the Texas House of ...
On January 10, 2013, Jacob Lew, then the President's Chief of Staff was nominated as the replacement for retiring Treasury Secretary Geithner, to serve in President Obama's second term. [64] Lew's nomination was confirmed by the full Senate on Wednesday, February 27, 2013, by a vote of 71 to 26.
Bessent, 62, was one of the original frontrunners for Trump's Treasury Secretary. His involvement emerged early last week when Reuters reported that the founder of macro investment firm Key Square ...
President-elect Donald Trump's decision on a treasury secretary is about far more than whose name will be printed on America's money. The choice of how to fill his highest-profile outstanding ...
Treasury Secretary Jack Lew reiterated that the debt ceiling would need to be raised by October 17. [25] In early October 2013, the House drafted a bill that would raise the debt ceiling without conditions through November 22, but keep the partial government shutdown in place.