Geithner Out, Jack Lew Nominated

Departing Treasury Secretary Timothy Geithner remarked on his experience working with President Obama during the financial crisis, and on the qualifications of nominee Jack Lew. SIFMA released the attached statement from President and CEO Tim Ryan upon President Obama's nomination of Jack Lew to be Secretary of the Treasury.

See: Secretary Geithner's Remarks and SIFMA Statement.See also: Statement by House Financial Services Committee Chairman Jeb Hensarling; Statement by Senate Finance Committee Chairman Max Baucus; Statement by Ranking Member of Senate Finance Committee Orrin Hatch.