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Treasury Secretary Jacob Lew testifies on Capitol Hill in Washington on June 17, 2015. (Associated Press) **FILE**

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U.S. Treasury Secretary Jacob Lew speaks at the start of a meeting with Chinese Vice Premier Wang Yang at the Zhongnanhai Leadership Compound in Beijing Monday, March 30, 2015. In the meeting Lew expressed "deep concern" about the curbs in proposed bank security and anti-terrorism rules. (AP Photo/Mark Schiefelbein, Pool)

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FILE - In this Feb. 3, 2015 file photo, Treasury Secretary Jacob Lew testifies on Capitol Hill in Washington. President Barack Obama slapped sanctions on seven Venezuelan officials Monday, accusing them of perpetrating human rights violations and public corruption in the socialist-governed South American nation. “Corrupt actions by Venezuelan government officials deprive Venezuela of needed economic resources that could be invested in the Venezuelan people and used to spur economic growth,” Lew said in a statement. “These actions also undermine the public trust in democratic institutions and the human rights to which Venezuelan citizens are entitled.” (AP Photo/J. Scott Applewhite, File)

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**FILE** Treasury Secretary Jacob Lew testifies on Capitol Hill in Washington on June 25, 2014, before the Senate Committee hearing to examine the Financial Stability Oversight Council annual report to Congress. (Associated Press)

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** FILE ** In this May 31, 2013, file photo, acting Social Security Commissioner Carolyn W. Colvin, center, accompanied by Acting Labor Secretary Seth D. Harris, left, and Treasury Secretary Jacob Lew, speaks during a news conference about Social Security and Medicare in Washington. (AP Photo/Charles Dharapak, File)

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** FILE ** In this May 31, 2013, file photo, acting Social Security Commissioner Carolyn W. Colvin, center, accompanied by Acting Labor Secretary Seth D. Harris, left, and Treasury Secretary Jacob Lew, speaks during a news conference about Social Security and Medicare in Washington. (AP Photo/Charles Dharapak, File)

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** FILE ** In this May 31, 2013, file photo, acting Social Security Commissioner Carolyn W. Colvin, center, accompanied by Acting Labor Secretary Seth D. Harris, left, and Treasury Secretary Jacob Lew, speaks during a news conference about Social Security and Medicare in Washington. (AP Photo/Charles Dharapak, File)