Pres. Obama announced Thursday his decision to nominate Jack Lew to be the next Treasury Secretary. Lew is the current White House Chief of Staff and would replace Timothy Geithner in the position.
Retiring Secretary Timothy Geithner and Jack Lew also made remarks at the announcement.
On Monday, Pres. Obama announced that he will nominate former Nebraska GOP Senator Chuck Hagel as Defense Secretary and his counterterrorism adviser John Brennan as the new CIA Director. If approved, Hagel would replace Leon Panetta and Brennan would direct the CIA after the resignation of David Petraeus.