Washington Daybook: Obama to Unveil Lew Pick

Photograph by Andrew Harrer/Bloomberg

Senate Republicans may use the appointment of Jack Lew as Treasury secretary to discuss the budget.

Senate Republicans indicated that the appointment of Jack Lew as Treasury secretary presents an opportunity for a debate over the budget and raising the federal debt limit. President Barack Obama will announce the White House chief of staff as his pick to replace Timothy Geithner today.

Vice President Joe Biden meets with representatives from the NRA and Wal-Mart after talks with victims groups yesterday. The administration may consider using executive orders to place restrictions on access to firearms following last month’s mass shooting at a Newtown, Connecticut, school.

Afghanistan President Hamid Karzai arrives in Washington and will discuss security cooperation with U.S. Defense Secretary Leon Panetta and Secretary of State Hillary Clinton today ahead of talks tomorrow with Obama.

Also today, U.S. Chamber of Commerce President Tom Donohue delivers his annual “State of American Business” address.

Rep. Peter Welch, a Vermont Democrat, discusses AIG’s decision not to sue the U.S. government on Bloomberg TV.

Dow Chemical Co. Officials speak on their opposition to natural gas exports at the Newseum.

The Consumer Finance Protection Bureau, which today issued a rule that for the first time forces lenders to verify borrowers’ ability to repay mortgages by confirming income and assets, holds a field hearing in Baltimore on mortgage policy, with remarks by Director Richard Cordray and a panel discussion with consumers, industry officials and financial experts.

The Peterson Institute holds discussion on sovereign debt in the Eurozone, with speakers including Jeromin Zettelmeyer, research chief at the European Bank for Reconstruction and Development.

A U.S. regulator will call for backup power requirements for phone companies including Verizon Communications Inc. to prevent repeats of emergency-service disruptions after storms last June.

The ITC is scheduled to announce a final decision in a patent infringement case brought by Vitec Group Plc unit over lighting for television and movie studios.

And Judicial Watch will ask a federal appeals court to order that photos of Osama bin Laden’s corpse and burial at sea be made public.

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