U.S. Senator Chris Coons (D-Del.), a member of the Senate Budget Committee, issued the following statement after President Obama announced he was nominating Jacob Lew as the next Secretary of the Treasury.
"The responsibility for managing our nation's economic recovery and continuing the momentum we've built these last four years is critically important. It calls for someone with a keen intellect, broad vision for fulfilling our country's economic potential, and a deep passion for protecting our most vulnerable. In Jacob Lew, President Obama has named someone capable of not only meeting those standards, but exceeding them. Jack Lew is respected on both sides of the aisle for his deep knowledge on fiscal matters and his strong commitment to public service. From Wall Street to the West Wing, his expertise and calm, rational temperament have made him a trusted advisor and respected leader. I'm confident he will continue to serve our country with distinction and will be an excellent Secretary of the Treasury."