Senate Panel OKs Lew To Lead Budget Office

Law360, New York (September 21, 2010, 1:43 PM EDT) -- A key U.S. Senate committee approved the nomination Tuesday of Jacob “Jack” Lew to lead the Office of Management and Budget, placing him one step closer to confirmation.

The Senate Committee on Homeland Security and Governmental Affairs approved Lew, who was nominated this summer to fill the shoes of Peter Orszag, who resigned. Lew must also win the approval of the Senate Budget Committee before his nomination can be weighed by the full Senate.

President Barack Obama nominated Lew to the position in July, saying he...
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