9 January 2013, 03:32

Jacob Lew tapped as next US Treasury chief

Jacob Lew tapped as next US Treasury chief

Jacob Lew, the White House's chief of staff, is reportedly the frontrunner to become the next US Treasury Secretary, according to Bloomberg.

Lew is widely tapped to replace Timothy Geithner, who said he plans to step down this year.

On Monday President Barack Obama named Chuck Hagel and John Brennan as his choices for Defense Secretary and CIA director, and John Kerry as his next Secretary of State.

Voice of Russia, RIA

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