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Thomson ReutersFebruary 13, 2013 13:45
Obama's Treasury pick says supports strong U.S. dollar
WASHINGTON, Feb 13 (Reuters) - Jack Lew, President Barack Obama's pick to run the Treasury Department, on Wednesday said he would support a strong U.S. dollar, in line with longstanding U.S. policy.
"Treasury has had a longstanding provision through administrations of both parties that a strong dollar is in the best interests of promoting U.S. growth, productivity and competitiveness," Lew said during a hearing vetting him for Treasury secretary, in response to a question.
"If confirmed, I would not change that policy."
http://www.globalpost.com/dispatch/news/thomson-reuters/130213/obamas-treasury-pick-says-supports-strong-us-dollar
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