Treasury Secretary Nominee Lew is a Fan of ETFs
Posted on January 16, 2013 at 15:04 PM EST
Jacob Lew, who President Barack Obama has nominated to replace U.S. Treasury Secretary Timothy Geithner, is apparently a fan of index-based ETFs. Lew’s 2011 financial disclosure form “reveals an investment strategy predicated on low-cost, low-management assets that don’t divert a lot of money to...