WASHINGTON Jan 10 U.S. President Barack Obama plans to announce his nomination of White House chief of staff and budget expert Jack Lew as his next Treasury secretary on Thursday at an event at 1:30 p.m. ET (1330 GMT), a White House official said.
Lew, 57, will take the lead on difficult negotiations with Congress on how to cut the nation's looming debt and rein in spending - a central challenge for Obama's second term.
Lew is expected to be confirmed by the Senate. He will take over from Timothy Geithner, who is slated to attend Thursday's announcement, the White House official said.
Morning News Call - India, June 23
(India Morning Newsletter will not be published on Monday, June 26, as markets are closed for Eid-Ul-Fitr) To access the newsletter, click on the link: http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_06232017.pdf If you would like to receive this newsletter via email, please register at: https://forms.thomsonreuters.com/india-morning/ FACTORS TO WATCH 10:00 am: Urban Development Minister Venkaiah Naidu at an event in New Delhi. 11:00