President Barack Obama on Thursday nominated his chief of staff, Jack Lew, as the next Treasury secretary, praising him as a expert on the pressing national issues of spending cuts and deficit reduction.
Jacob Lew helped Orthodox observance reach the highest precincts of governance. But can a man that Republicans say “can’t get to yes” be confirmed as secretary of the Treasury?
A senior United States Treasury Department official said in Israel that more can be done to place financial pressure on Iran and the U.S. is “intent on doing more.”
The U.S. Treasury Department imposed additional sanctions against Iranian engineering firms linked to the Iranian Revolutionary Guard Corps, and individuals and companies linked to the Iranian state shipping line.
The U.S. Treasury Department is investigating speaking fees allegedly paid to former Pennsylvania Gov. Ed Rendell on behalf of a State Department-designated terrorist organization.