Obama taps Lew for OMB

President Obama introduces Jacob J. "Jack" Lew as the new director of the Office of Management and Budget.

President Barack Obama, right, and Jacob J. "Jack" Lew, right, depart from the Diplomatic Reception Room of the White House after Mr. Lew was named to serve as director of the Office of Management and Budget (OMB) in Washington, D.C., on Tuesday, July 13, 2010. (UPI/Ron Sachs/POOL)

President Barack Obama, right, and Jacob J. "Jack" Lew, right, depart from the Diplomatic Reception Room of the White House after Mr. Lew was named to serve as director of the Office of Management and Budget (OMB) in Washington, D.C., on Tuesday, July 13, 2010. (UPI/Ron Sachs/POOL)

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