
U.S. Treasury Secretary nominee Jacob Lew testifies before the Senate Finance Committee on the Capitol Hill in Washington D.C., capital of the United States, Feb. 13, 2013. Lew on Wednesday warned of the harms to be caused by the looming government spending cuts scheduled to kick in on March 1. U.S. President Barack Obama last month tapped Lew, a government budget veteran, as the next Treasury Secretary succeeding Timothy Geithner, a big step of shaping the presidential economic team in his second term. (Xinhua/Zhang Jun)