Tag Archives: Jacob Lew

Queens native Jack Lew confirmed as treasury secretary


| ctumola@queenscourier.com

Photo courtesy of U.S. Department of State

Jack Lew, who President Obama nominated for treasury secretary in January, was confirmed for the position by the Senate in a 71-26 vote Wednesday.

A Queen native and Forest Hills High School graduate, Lew served as the president’s chief of staff for the last year and previously was the director of the Office of Management and Budget (OMB).

Lew, who is replacing Timothy Geithner, is the second person to head the U.S. Treasury under the Obama administration.

“At this critical time for our economy and our country, there is no one more qualified for this position than Jack.  As my chief of staff, Jack was by my side as we confronted our nation’s toughest challenges. His reputation as a master of fiscal issues who can work with leaders on both sides of the aisle has already helped him succeed in some of the toughest jobs in Washington.  And I will continue to rely on his advice and sound judgment as we work to create good, middle-class jobs, provide more people with the skills those jobs require, and ensure every hardworking American can earn a decent living,” the president said in a statement following Lew’s confirmation.

Queens’ Morning Roundup


| ctumola@queenscourier.com

TODAY’S FORECAST 

Friday: Overcast with a chance of rain in the afternoon. High of 48. Winds from the SE at 5 to 10 mph. Chance of rain 40%. Friday night: Overcast with rain, then a chance of rain after midnight. Fog overnight. Low of 43. Winds from the SSE at 5 to 10 mph shifting to the East after midnight. Chance of rain 80%.

EVENT OF THE DAY: Homesick Hound Dogs

The Queens Kickshaw in Astoria presents the Homesick Hound Dogs — an altcountry/Americana band that couldn’t have happened anywhere besides New York City. With high-energy original songs about love, whiskey and other things that make life awkward and wonderful, the group strives to make the listener feel at home no matter how far home is, most importantly they will make you feel at home in your dancing shoes. Click here for more info or to submit an event of your own

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Obama names Queens native Jack Lew as treasury secretary

Queens is coming to the cabinet. President Obama officially nominated his chief of staff, Queens native Jacob “Jack” Lew, for secretary of the treasury Thursday. Read more: Queens Courier

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Obama names Queens native Jack Lew as treasury secretary


| ctumola@queenscourier.com

Photos courtesy of U.S. Department of State

Queens is coming to the cabinet.

President Obama officially nominated his chief of staff, Queens native Jacob “Jack” Lew, for secretary of the treasury Thursday.

“As a kid growing up in Queens, I had dreams of making a difference in the world,” said Lew at the nomination announcement.

The 57–year-old, who resided on Yellowstone Boulevard and graduated from Forest Hills High School, has been the president’s chief of staff for the last year and previously was the director of the Office of Management and Budget (OMB).

“If confirmed, I look forward to joining the Treasury Department, whose people are legendary for their skill and knowledge. It’s a team that I’ve collaborated with closely over many years and have come to respect greatly,” said Lew.

“I don’t want to see him go because it’s working out really well for me to have him here in the White House. But my loss will be the nation’s gain,” said the president.

“Having Lew on your team is the equivalent as a coach of having the luxury of putting somebody at almost any position and knowing he will do well,” Obama added.

Assuming he is confirmed, Lew will replace Timothy Geithner, who has been treasury secretary since the beginning of Obama’s first term.

“I know him as a man of exceptional judgment, calm under pressure, with an extraordinary record of accomplishment and experience over decades spent at the center of American economic policy,” Geithner said about Lew this afternoon.

Although Lew has the experience and support to take on the position, his signature may not be ready for the job.

As secretary of the treasury, Lew’s John Hancock will appear on paper money, which may be a problem since it is reportedly illegible.

At the announcement the president joked about his sloppy signature: “Jack assures me that he is going to work to make at least one letter legible in order not to debase our currency should he be confirmed as secretary of the treasury.”

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Queens’ Morning Roundup


| ctumola@queenscourier.com

TODAY’S FORECAST

Thursday: Partly cloudy. High of 48. Winds from the NW at 10 to 15 mph. Thursday night: Clear in the evening, then partly cloudy. Low of 36. Winds less than 5 mph. Chance of rain 20%.

EVENT OF THE DAY: Urinetown: The Musical

Winner of three Tony awards and one of the most uproariously funny musicals in recent years, Urinetown is a hilarious tale of greed, corruption, love and revolution in a time when water is worth its weight in gold. In a Gotham-like city, a terrible water shortage, caused by a 20-year drought, has led to a government-enforced ban on private toilets. Performances start Thursday, January 10 and continue through Saturday, January 26 at The Secret Theatre in Long Island City. Click here for more info or to submit an event of your own

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Seven workers suffered minor injuries when a crane collapsed at a Long Island City building site. Read more: Queens Courier

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Queens’ Jacob Lew named Obama’s chief of staff


| smosco@queenscourier.com

Official White House Photo by Pete Souza

Hail to the chief and hail to his Queens-raised chief of staff.

Forest Hills native Jacob Lew, an orthodox Jew, was named President Barack Obama’s chief of staff in a ceremony at the White House on January 14. Lew had been serving as director of the Office of Management and Budget (OMB) and now replaces William Daley, who will concentrate his efforts on the president’s re-election campaign.

Lew, 56, grew up on Yellowstone Boulevard and graduated from Forest Hills High School in 1972, where he returned last year to give a commencement speech. And in that speech, Lew said that growing up in Queens set him on the path to the White House.

“In each generation, people come to our five boroughs in search of a better life. They study hard and go to public high schools like Forest Hills. And by never accepting limits and always believing that there’s nothing they can’t do, they find themselves at the top of our biggest companies, filling concert halls and theaters, and – yes – sitting in the Oval Office advising presidents.”

After high school, Lew graduated from Harvard in 1978 and Georgetown University Law Center in 1983. He has two grown children with his wife Ruth and owns a home in Riverdale, the Bronx.

He is a former deputy secretary of state under Secretary Hilary Clinton and had previously served as OMB director for President Bill Clinton, where he helped design Americorps, the national service program. Before moving to the executive branch he worked for former House Speaker Tip O’Neill and Senator Paul Wellstone.

In a statement issued by the White House, President Barack Obama said that Lew, who prefers to be called Jack, has figured prominently in the president’s decision-making process for a number of years.

“Before he served at OMB for me, Jack spent two years running the extremely complex and challenging budget and operations process for Secretary Clinton at the State Department, where his portfolio also included managing the civilian operations in Iraq and Afghanistan,” the president said. “And over the last year, he has weighed in on many of the major foreign policy decisions that we’ve made.”