White House

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President Barack Obama, right, announces he has named Jacob J. "Jack" Lew, left, to serve as director of the Office of Management and Budget (OMB) in the Diplomatic Reception Room of the White House in Washington, D.C., on Tuesday, July 13, 2010. (UPI/Ron Sachs/POOL)

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President Barack Obama walks into the Diplomatic Reception Room of the White House in Washington Tuesday, July 13, 2010, to announce he will nominate Jacob Lew, left, as the next budget director. (AP Photo/Susan Walsh)

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President Barack Obama, right, announces he has named Jacob J. "Jack" Lew, left, to serve as director of the Office of Management and Budget (OMB) in the Diplomatic Reception Room of the White House in Washington, D.C., on Tuesday, July 13, 2010. (UPI/Ron Sachs/POOL)

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Jacob J. "Jack" Lew, appointed to serve as director of the Office of Management and Budget (OMB), in the Diplomatic Reception Room of the White House in Washington, D.C., on Tuesday, July 13, 2010. (UPI/Ron Sachs/POOL)

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President Barack Obama, right, shakes hands with Jacob J. "Jack" Lew, left, after announcing he has named Mr. Lew to serve as director of the Office of Management and Budget (OMB) in the Diplomatic Reception Room of the White House in Washington, D.C., on Tuesday, July 13, 2010. (UPI/Ron Sachs/POOL)

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President Barack Obama, right, and Jacob J. "Jack" Lew, right, depart from the Diplomatic Reception Room of the White House after Mr. Lew was named to serve as director of the Office of Management and Budget (OMB) in Washington, D.C., on Tuesday, July 13, 2010. (UPI/Ron Sachs/POOL)

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President Obama signs the Iran Sanctions Bill imposing tough new sanctions against Iran as further punishment for the country's continuing ambitions to become a nuclear power, Thursday, July 1, 2010, in the East Room of the White House in Washington. (AP Photo/J. Scott Applewhite)

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President Barack Obama walks across the South Lawn of the White House after stepping off of Marine One in Washington, Friday, July 9, 2010. (AP Photo/Carolyn Kaster)

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** FILE ** Former White House press secretary Robert Gibbs. (Associated Press)

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President Obama, right, with Boeing President, Chairman and CEO Jim McNerney, Jr., center, and Commerce Secretary Gary Locke, left, speaks about exports, jobs, and the economy, Wednesday, July 7, 2010, in the East Room of the White House in Washington. (AP Photo/Pablo Martinez Monsivais)

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President Barack Obama speaks about exports, jobs and the economy on Wednesday, July 7, 2010, in the East Room of the White House in Washington. (AP Photo/Charles Dharapak)

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President Barack Obama, right, with Boeing President, Chairman and CEO Jim McNerney, Jr., center, and Commerce Secretary Gary Locke, left, speaks about exports, jobs and the economy on Wednesday, July 7, 2010, in the East Room of the White House in Washington. (AP Photo/Pablo Martinez Monsivais)

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President Barack Obama stands with Boeing President, Chairman and CEO Jim McNerney, Jr., right, and Commerce Secretary Gary Locke, as he speaks about exports, jobs and the economy on Wednesday, July 7, 2010, in the East Room of the White House in Washington. (AP Photo/Charles Dharapak)

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President Barack Obama stands with Boeing President, Chairman and CEO Jim McNerney, Jr., right, and Commerce Secretary Gary Locke, as he speaks about exports, jobs and the economy on Wednesday, July 7, 2010, in the East Room of the White House in Washington. (AP Photo/Charles Dharapak)

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President Barack Obama, center, shakes hands with Boeing President, Chairman and CEO Jim McNerney, Jr., left, as Commerce Secretary Gary Locke looks on, after speaking about exports, jobs and the economy on Wednesday, July 7, 2010, in the White House. (AP Photo/Pablo Martinez Monsivais)