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Senate confirms Jack Lew as new treasury secretary

Washington, Feb 27 (EFE).- The full U.S. Senate on Wednesday confirmed Jack Lew as the country's new treasury secretary by a vote of 71-26. Lew, 57, who was nominated for the post by President Barack Obama in January, had served as White House chief of staff since early 2012. He will replace Timothy Geithner, who had resigned on Jan. 20 after four years at the helm of the department.

UPDATE 3-U.S. Senate panel backs Lew for Treasury secretary

* Committee votes 19-5 to send nomination to full Senate * Top Republican has 'serious reservations' about partisanship By Anna Yukhananov WASHINGTON, Feb 26 (Reuters) - The Senate Finance Committee on Tuesday backed President Barack Obama's nominee to head the U.S. Treasury, Jack Lew, despite some concerns about his perks from previous employers, clearing the way for a confirmation vote in the full Senate.

Treasury pick Lew gets nod from key Senate panel

The US Senate Finance Committee on Tuesday voted Tuesday to back Obama nominee Jack Lew as Treasury secretary despite qualms about his reputation as a doctrinaire Democrat and his ties to Wall Street. Senators voted 19-5 in favor of Lew, with several Republicans joining with the majority Democrats, paving the way for a full Senate vote as early as Wednesday. President Barack Obama nominated Lew, formerly his White House chief of staff, to replace Timothy Geithner, who stepped down last month after four years marked by the country's deepest economic crisis since the 1930s.

Senate committee approves Lew for US Treasury chief

The US Senate Finance Committee on Tuesday approved President Barack Obama's nominee Jack Lew to be the new Treasury secretary, replacing Timothy Geithner who stepped down last month. Senators voted 19-5 in favor of Lew, with several Republicans joining with the majority Democrats. The committee approval paves the way for a full Senate vote as early as Wednesday.

CORRECTED-UPDATE 2-U.S. Senate panel backs Lew for Treasury secretary

(Corrects paragraph 9 to reflect that Lew got $1.4 million loan; subsequent reported amounts were paydowns.) * Committee votes 19-5 to send nomination to full Senate * Top Republican has 'serious reservations' about partisanship By Anna Yukhananov

US Senate committee to vote on Treasury nominee

The US Senate Finance Committee said it will vote Tuesday on the appointment of Jack Lew -- who played an active role in talks that led to massive looming spending cuts -- as Treasury secretary. Lew, who was tapped last month to succeed Timothy Geithner in the key cabinet position, was actively involved in the 2011 budget negotiations that led to the creation of the so-called sequester set to take effect on Friday.

John Kerry to visit Europe, Mideast on first trip

US Secretary of State John Kerry will visit nine countries in Europe and the Middle East starting Sunday as he undertakes his first foreign trip as top diplomat, the State Department said Tuesday. Kerry will visit Britain, Germany, France, Italy, Turkey, Egypt, Saudi Arabia, the United Arab Emirates and Qatar through March 6, State Department spokeswoman Victoria Nuland told reporters.

Kerry to visit Europe, Mideast on first trip

US Secretary of State John Kerry will visit nine countries in Europe and the Middle East starting Sunday as he undertakes his first foreign trip as top diplomat, the State Department said Tuesday. Kerry will visit Britain, Germany, France, Italy, Turkey, Egypt, Saudi Arabia, the United Arab Emirates and Qatar through March 6, State Department spokeswoman Victoria Nuland told reporters.

WRAPUP 3-U.S. Treasury pick seeks consensus on taxes, deflects Citi barbs

* Jack Lew expected to eventually win Senate backing * Lew: Citigroup bonus was in line with others in industry * Tax reform a focus; Lew shows appetite to tackle it By Anna Yukhananov and Rachelle Younglai WASHINGTON, Feb 13 (Reuters) - Jack Lew, President Barack Obama's pick to be U.S. treasury secretary, on Wednesday fended off criticism about his financial experience and tried to find common ground on tax reform with lawmakers considering his nomination.

CORRECTED: Treasury's Brainard to lead US G20 mission

A senior US Treasury official will lead the US team to the G20 talks in Moscow this week, the Treasury said Monday, as Treasury secretary-nominee Jacob Lew's Senate confirmation is pending. The Treasury's under secretary for international affairs, Lael Brainard, will lead the US team to the talks Friday and Saturday in Moscow, where global financial regulation and the fear of "currency wars" -- competitive devaluations -- will lead the agenda. The Treasury would not say whether Lew, whose confirmation hearing is scheduled for Wednesday, will travel to the talks or not.
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