Sen. Johnson endorses treasury nominee LewWASHINGTON, D.C. — Sen. Tim Johnson, who chairs the Senate Banking Committee, has endorsed treasury secretary nominee Jack Lew for the cabinet seat.
By: Tom Lawrence, The Daily Republic
WASHINGTON, D.C. — Sen. Tim Johnson has endorsed treasury secretary nominee Jack Lew for the cabinet seat.
Johnson, who chairs the Senate Banking Committee, issued a statement Tuesday announcing his support for Lew, who was nominated by President Obama to replace Tim Geithner at the Treasury Department.
Lew, 57, is currently Obama’s chief of staff, and served as budget director for both Obama and President Bill Clinton. His appointment requires Senate approval.
“This afternoon I had the opportunity to meet with treasury secretary nominee Jack Lew,” said Johnson, D-S.D. “We had a very good conversation and I have no doubt he will be an outstanding treasury secretary.
“He shares my commitment to sustaining and strengthening the economic recovery and providing certainty through implementation of Wall Street Reform,” he said in the statement. “The next treasury secretary already has his work piling up with ongoing budget negotiations, the debt ceiling debate, and continued implementation of Wall Street reform. Mr. Lew is well-qualified, has the right temperament, and should be confirmed by the Senate without delay.”
Sen. John Thune, R-S.D., has yet to express an opinion on Lew’s nomination.