reasury nominee Lew says US economy in "better position"

The United States economy has overcome the
financial crisis that President Barack Obama faced on taking office
in 2009, but more progress is needed, Treasury secretary nominee Jack
Lew told the US Senate on Wednesday, according to dpa.
"We're in a better position today, but the work to create a
sounder economy and a safer world remains unfinished," he said in a
hearing before the Senate Finance Committee.
"Our top priority is to strengthen the recovery by fostering
private sector job creation and economic growth while we make sure
our economy remains resilient to the headwinds from beyond our
shores."
Obama last month named Lew, a long-time Washington insider, to
succeed first-term Treasury Secretary Timothy Geithner, who left
office on January 26.
-- SPA