WASHINGTON (2/27/13)--Jack Lew moved one step closer toward becoming U.S. Treasury secretary when his nomination was approved by the Senate Finance Committee by a 19-5 vote on Tuesday.
The Hill reported a full Senate vote on Lew's nomination could be held today.
President Barack Obama nominated Lew, currently White House chief of staff, in January for the Treasury post. Earlier this year, the committee quizzed Lew on topics ranging from the complexity of the nation's tax code, to the qualified mortgage definition issued by the Consumer Financial Protection Bureau, to the Treasury's March 1 deadline to eliminate paper delivery of federal benefits checks.
The committee also approved Christopher Meade's nomination for Treasury general counsel.