In picking Lew, Obama turns a page at Treasury

UPDATED 6:31 AM EST, January 10, 2013

WASHINGTON (AP) — Jack Lew, President Barack Obama's nominee for treasury secretary, is a premier federal budget expert who would take the helm of the government's main agency for economic and fiscal policy just as the administration girds itself for a new confrontation with congressional Republicans over the nation's debt and deficits.

Obama will nominate Lew on Thursday afternoon, continuing to put a second-term imprint on his Cabinet by choosing yet another close ally to a key government post.

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