Obama Elevates 'Low-Key' Lew to Treasury Post

Facing a brewing fight over the debt ceiling and spending cuts, President Obama today tapped his chief of staff, Jack Lew, to be the next Treasury secretary, elevating a close confidante and trusted adviser to the leading economic voice for the administration's second term. At a midday news conference, Obama praised Lew, 57, as a "low-key guy who prefers to surround himself with policy experts rather than television cameras" and hailed his reputation as "a master of policy who can work with...Full Story