Lew is expected to be nominated for the treasury secretary job by the end of the week.
A strongly worded statement by Sen. Jeff Sessions, R-Ala. — prepared in anticipation of that nomination and obtained by Fox News — signals the bumpy ride Lew could face during the Senate confirmation process. Sessions, the top Republican on the Senate Budget Committee, says Lew misled Congress about the White House’s budget proposals and argues that should disqualify him from being put in charge of the government’s finances.
"Lew, as the president’s budget director, appeared before Congress and continued to insist that President Obama’s budget-which Lew had crafted-would not add to the debt of the United States," Sessions said in the statement, calling Lew’s comments "the most direct and important false assertion during my entire time in Washington."
Obama is expected to announce Lew’s nomination later this week.