Lew is sworn as Secretary of the Treasury by Vice President Joe Biden in the Oval Office of the White House, February 28, 2013.
Secretary Lew previously served as White House Chief of Staff. Prior to that role, Lew was the Director of the Office of Management and Budget (OMB), a position he also held in President Clinton's Cabinet from 1998 to 2001.
On January 10, 2013, during President Barack Obama 's second term, Lew was nominated to replace retiring Treasury Secretary Timothy Geithner, was confirmed by the Senate February 27, 2013, and then sworn in on the following day, serving until the conclusion of the Obama administration, and resigning with the inauguration of Donald Trump.
Updated May 03, 2017. Jacob Joseph "Jack" Lew served as the 76th United States Secretary of the Treasury from 2013 to 2017. Nominated by President Barak Obama on Jan. 10, 2013, Lew was confirmed by the Senate on Feb. 27, 2013, and sworn in the next day to replace the retiring Treasury Secretary Timothy Geithner.
Lew was succeeded as Secretary of the Treasury by Steve Mnuchin. Since 2017, he has been a managing partner at Lindsay Goldberg, a private equity firm headquartered in New York City. He is currently a visiting professor at the School of International and Public Affairs of Columbia University.
Timothy F. GeithnerGeithner (2009-2013) Timothy F. Geithner served as the 75th Secretary of the Treasury from January 26, 2009 to January 25, 2013.
Lew (2013 - 2017) Jack Lew was confirmed by the United States Senate on February 27, 2013, to serve as the 76th Secretary of the Treasury.
Former Treasury Secretary Timothy Geithner Is Now a Private-Equity Firm Executive - WSJ.
Geithner had an estimated net worth of $3.2 million when he became treasury secretary under President Obama in 2009.
The department is administered by the secretary of the treasury, who is a member of the Cabinet. The treasurer of the United States has limited statutory duties, but advises the Secretary on various matters such as coinage and currency production. Signatures of both officials appear on all Federal Reserve notes.
The current Treasurer, since 5 October 2021 is Matt Kean.
Janet YellenDeputyStanley FischerPreceded byBen BernankeSucceeded byJerome Powell19th Vice Chair of the Federal Reserve60 more rows
Lew was replaced as secretary of the treasury on Feb.13, 2017, by President Donald Trump’s nominee Steven Mnuchin, a banker and former hedge fund manager.
Jacob Joseph "Jack" Lew (born Aug. 29, 1955) served as the 76th United States secretary of the treasury from 2013 to 2017. Nominated by President Barak Obama on Jan. 10, 2013, Lew was confirmed by the Senate on Feb. 27, 2013, and sworn in the next day to replace the retiring Treasury Secretary Timothy Geithner.
During Lew's three years as head of the OMB, the U.S. budget actually operated at a surplus for the first time since 1969. Since 2002, the budget has suffered an ever-increasing deficit . Under President Clinton, Lew also helped design and implement the national service program Americorps.
Between Clinton and Obama. Following the end of the Clinton administration, Lew served as executive vice president and chief operating officer of New York University. While at NYU, he taught public administration and handled the university's budget and finances.
Robert Longley is a U.S. government and history expert with over 30 years of experience in municipal government and urban planning. Jacob Joseph "Jack" Lew (born Aug. 29, 1955) served as the 76th United States secretary of the treasury from 2013 to 2017. Nominated by President Barak Obama on Jan. 10, 2013, Lew was confirmed by the Senate on Feb.
Clinton Administration. From 1998 to 2001, Lew served as director of the Office of Management and Budget, a Cabinet-level position under President Bill Clinton. At OMB, Lew headed up the Clinton administration's budget team and was a member of the National Security Council.
Lew was born on Aug. 29, 1955, in New York City to Irving Lew, a lawyer and rare book dealer, and Ruth Turoff. Lew attended New York City public schools, graduating from Forest Hill High School, where he met his future wife Ruth Schwartz.
Prior to that role, Lew was the Director of the Office of Management and Budget (OMB), a position he also held in President Clinton's Cabinet from 1998 to 2001.
As Special Assistant to President Clinton from 1993 to 1994, Mr. Lew helped design Americorps, the national service program. Lew began his career in Washington in 1973 as a legislative aide.
As OMB Director from 1998 to 2001, Lew led the Administration budget team and served as a member of the National Security Council. During his tenure at OMB, the U.S. budget operated at a surplus for three consecutive years.
He was the Speaker's liaison to the Greenspan Commission, which negotiated a bipartisan solution to extend the solvency of Social Security in 1983, and he was responsible for domestic and economic issues, including Medicare, budget, tax, trade, appropriations, and energy issues.
Jack Lew was confirmed by the United States Senate on February 27, 2013 to serve as the 76th Secretary of the Treasury. He served in that position until January 20, 2017. Lew previously served as White House Chief of Staff. Prior to that role, Lew was the Director of the Office of Management and Budget (OMB), a position he also held in President Clinton's Cabinet from 1998 to 2001. Before returning to OMB in 2010, Lew first joined the Obama Administration as Deputy Secretary of State for Management and Resources.
As OMB Director from 1998 to 2001, Lew led the Administration budget team and served as a member of the National Security Council. During his tenure at OMB, the U.S. budget operated at a surplus for three consecutive years.