Nature abhors a vacuum, and so does the U.S. Department of the Treasury: Deputy Treasury Secretary Neal Wolin, currently the No. 2 person in the department, will temporarily fill the top slot following Timothy Geithner's departure.
TheHill.com reports that Wolin will be the stopgap leader of the department, pending the Senate confirmation of White House Chief of Staff Jack Lew to succeed Geithner. There is no clear timeline regarding when Lew's confirmation vote might take place.
‘The president feels very strongly that Jack Lew is an excellent and highly qualified nominee, and he hopes that the Senate will move expeditiously to confirm him,’ said Jay Carney, White House press secretary, during a media briefing. ‘We have a highly qualified deputy Treasury Secretary who remains in place: Neal Wolin.’