Treasury Secretary nominee Jack Lew seemingly breezed through tough questions posed by Republicans during his first confirmation hearing on Wednesday.
Washington insiders expect Lew, currently the White House chief of staff, to be easily confirmed.
Republicans on the Senate Finance Committee took turns targeting Lew’s experience at Citigroup (C, Fortune 500) during the financial crisis, questioning an offshore investment in the Cayman Islands and a bonus he received even as the bank was being bailed out by taxpayers.
But congressional aides, lobbyists and analysts say Lew was composed and answered questions thoroughly.
via CNN
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