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Friday, January 11, 2013

New Treasury Secretary Jack Lew is "a Democrat's Democrat"

Lew, serving as Office of Management and Budget director in 2011, speaks during a news briefing.
Timothy Geithner, the outgoing Treasury secretary, is also wonkish, but he's mostly a financial technocrat. Lew is a partisan Democrat, and his résumé is impressively full of liberal lore: During his one year at Minnesota's Carleton College, Lew's academic adviser was Paul Wellstone, who would go on to become a progressive icon in the U.S. Senate; Wellstone convinced him to enter politics, and his first big job in Washington was budget analyst and negotiator for legendary House Speaker Tip O'Neill, alongside MSNBC star Chris Matthews; and he was Bill Clinton's OMB director and later Hillary Clinton's deputy secretary of state before joining the Obama White House. Given the extreme polarization in Washington, this history doesn't exactly endear him to Republicans.

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