Washington, D.C. -
President Obama has officially nominated his current White House Chief of Staff, Jacob Lew, as the next Treasury Secretary. Mr. Lew is the first Orthodox Jewish White House Chief of Staff and if confirmed by the Senate, will be the first Orthodox Jewish person to lead the U.S. Treasury Department.
According to most political analyst, Lew is expected to win senate confirmation, and will be replacing current Treasury Secretary Timothy Geithner.
In remarks during the nomination, Obama said, "I know very few people with greater integrity."