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The Boston Globe


Lew, former Tip O’Neill adviser, nominated to head treasury

WASHINGTON - President Obama today announced he was nominating his chief of staff, Jacob L. Lew, to be his new treasury secretary, assigning one of the top Cabinet roles to a longtime budget chief and former adviser to the late House Speaker Thomas P. “Tip” O’Neill Jr.

Lew, who would replace Treasury Secretary Timothy Geithner, who is resigning, has served a number of roles in government over his three-decade career, including twice serving as director of the Office of Management and Budget.

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