- Obama takes aim at ‘corporate deserters’
- Dick’s Sporting Goods lays off 478 PGA golf pros
- Senators: Cease-fire must allow Israel to defend against rockets, tunnels
- Sierra Leone doctor fighting Ebola catches disease
- Iraq welcomes Russian fighter jets, helicopter gunships into ISIL fight
- John McCain laments: Obama’s ‘self-pity … is really kind of sad’
- GOP offer to fix VA gives $10 billion in emergency funds
- Paul Ryan offers to repair U.S. economic safety net with a single grant stream
- Kim Jong-un builds bond with Putin: $250M Russia-backed addition to key port opens
- Pope Francis meets Meriam Ibrahim, a Sudanese woman sentenced to death
Topic - Jacob J. "Jack" Lew
When Obama introduced his top budget officer, he praised his work handling finances in the Clinton White House and recently as a deputy secretary - but he forgot to mention the lucrative Wall Street job in between.
Facing a potentially crippling fight over deficits and debt, President Obama on Tuesday tapped as his new budget director Jacob J. "Jack" Lew, the same man who helped President Clinton negotiate with a Republican Congress to achieve balanced budgets in the late 1990s.
When President Obama introduced Jacob J. "Jack" Lew as his top budget officer Tuesday, he praised his work handling finances in the Clinton White House and recently as a deputy secretary in the State Department – but he forgot to mention the lucrative Wall Street job in between.
He also noted in the same Office of Government Ethics disclosure that he was in line to receive bonus money: "I am also eligible to receive discretionary compensation for 2008 which I will receive prior to assuming the duties of Deputy Secretary, Department of State," Mr. Lew wrote.
Bloomberg "I am also eligible to receive discretionary compensation for 2008," Jacob J. "Jack" Lew wrote.