Sally Jewell, president and CEO of REI, who is in line to be the next secretary of interior.
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Update at 2:25 p.m. ET. It's Official:
Praising Sally Jewell as an executive who turned outdoors equipment retailer REI into one of the nation's most successful and environmentally conscious companies, President Obama just said he is nominating her to be his next interior secretary.
Noting that Jewell, who in a previous job worked as an engineer for Mobil, has also climbed mountains in Antarctica, the president joked about that being "just not something I think of doing."
President Obama nominates Jacob Lew to be his second-term Treasury secretary on Thursday at the White House.
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A re-elected president who gets to choose a second-term Cabinet has much more knowledge of the kind of team he needs than he did the first time around.
That's one simple way to understand President Obama's decisions as he creates his Cabinet 2.0.
The choices are not those of a president-elect who hasn't moved into the White House, or of a green president who hasn't watched his first international crisis unfold from his leather seat in the White House Situation Room.
Jack Lew, current White House chief of staff. He's likely to be the nominee for treasury secretary.
Credit Jonathan Ernst / Reuters /Landov
Update: At 6 a.m. ET. Jan. 10, White House Announcement:
The White House has officially confirmed that President Obama will nominate his chief of staff, Jacob "Jack" Lew, to be the next Treasury secretary. According to a statement, the announcement is scheduled for 1:30 p.m. ET today (Thursday).