Today, U.S. Senator Rob Portman (R-Ohio) released the following statement announcing his support for Jack Lew's nomination to become Secretary of the Treasury:
"We're past the point where Washington can push off tough decisions. In order to get our economy moving and address the nation's record debt and trillion-dollar deficits, the next Treasury Secretary must work with Congress to reform the tax code and our vital yet unsustainable entitlement programs. In my conversations with Director Lew, both before and during the Senate Finance Committee hearing, he indicated a willingness to seek such needed reforms. As I would expect to be the case with any nominee being put forward by the Obama Administration to fill this important position, we won't see eye to eye on some of the specific solutions, but Jack Lew's willingness to try to find common ground on these fiscal matters and his experience of working on bipartisan results over the past two decades are hopeful signs.
"In the past, we have received an unsatisfactory response from the Department of Treasury to ongoing bipartisan inquiries into the treatment of Delphi salaried retirees in the GM bankruptcy. With new leadership and Director Lew's stated commitment to transparency, we expect to receive additional information regarding why these workers were unfairly treated that will lead to a better result. We will continue to push for more answers for the thousands of families impacted in the Mahoning Valley and Dayton area who deserve nothing less.
"If he is confirmed, I am hopeful Jack Lew will be the independent leader the Treasury Department, and more importantly, our country, needs at this critical time for our economy."