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Lew’s all Jacked up to lead Treasury.
Treasury Secretary-nominee Jack Lew will get the green light to replace Tim Geithner despite taking heat during and after his confirmation hearing over a loan he received from New York University.
The 57-year-old former White House chief of staff has enough votes from the Senate Finance Committee, headed by Max Baucus (D-Mont.), to pass a vote today that will likely lead to his confirmation, sources said.
A full Senate vote is likely to be scheduled in a couple of days and held sometime next week.
Lew critics, including Sen. Chuck Grassley, (R-Iowa), perhaps the most vocal voice in opposition, grilled the Beltway insider over a $1.4 million NYU loan he got while an executive vice president at the school — a loan first reported by The Post — and over his role at Citigroup during the credit crisis.
Grassley doesn’t feel that Lew has answered inquiries completely, but he does not appear willing to try to stall Lew’s confirmation in an effort to ultimately block him, the sources added.
Grassley will vote against Lew, sources noted.
There had been some speculation on the Hill that Grassley would delay a full Senate vote on Lew. That now appears unlikely, sources said.
The Lew-NYU loan imbroglio stemmed from a state probe into whether the university was steering students into pricier loans in return for kickbacks from the banks involved.
One of the banks was Citigroup — where Lew ended up after he left NYU.
NYU settled with the state attorney general in 2007, and paid a fine without admitting wrongdoing.
Committee members also raised questions about Lew accepting a $1 million compensation package at the same time Citi was on the brink of collapse, requiring a government lifeline.