Jack Lew Doesn't Trust Wall Street With His Own Money

Here's Some Convincing Evidence That Jack Lew Doesn't Trust Wall Street
FILE - This Feb. 15, 2011 file photo shows White House Chief of Staff Jack Lew testifying on Capitol Hill in Washington. The top contenders for the big three jobs in President Barack Obamas Cabinet are white men, raising fresh concerns among Democratic women about diversity in the presidents inner-circle. Their long-simmering worries were rekindled after Susan Rice withdrew under pressure from consideration as the next secretary of state. (AP Photo/J. Scott Applewhite, File)
FILE - This Feb. 15, 2011 file photo shows White House Chief of Staff Jack Lew testifying on Capitol Hill in Washington. The top contenders for the big three jobs in President Barack Obamas Cabinet are white men, raising fresh concerns among Democratic women about diversity in the presidents inner-circle. Their long-simmering worries were rekindled after Susan Rice withdrew under pressure from consideration as the next secretary of state. (AP Photo/J. Scott Applewhite, File)

Jacob Lew, the White House chief of staff whom President Obama nominated to replace Tim Geithner as US Treasury secretary, is considered a change of pace for the department: He is known as a budget wonk and political fixer, not a financial-markets expert like Geithner.

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