VIDEO: Obama Nominates Jack Lew As Treasury Secretary

President Obama announces his nomination of Jack Lew to serve as Secretary of the Treasury Thursday.

Read More: Obama Taps Top Aide Lew For Treasury

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Jack Lew joins John Kerry, Chuck Hagel, and John Brennan as nominees to the President's Cabinet for his second term. The President will make his announcement at 11:30 a.m. MST/1:30 p.m. ET in the East Room at the White House.