The Senate voted on Wednesday to confirm Jack Lew as U.S. Treasury secretary. Lew, 57, most recently served as the White House chief-of-staff.

As a former budget director for Presidents Obama and Bill Clinton, Lew has overseen budget talks in times of deficits and also surpluses.

As the secretary of the Treasury, Lew will run U.S. domestic financial policy and is charged with collecting federal taxes and managing public debt, among other duties.