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WASHINGTON (AP) — The Senate Foreign Relations Committee has approved Jacob Lew to be ambassador to Israel, moving quickly to get him in place during the country’s new war with Hamas. The panel voted 12-9 on Wednesday to move Lew’s nomination to the Senate floor for a final vote, which could come as soon as next week. The Senate is moving quickly to confirm Lew, who was nominated by President Joe Biden last month after Tom Nides left as ambassador in July. Republicans have criticized Lew for his role in the Obama White House when it negotiated the Iran nuclear agreement in 2015, among other foreign policy moves. Lew defended his work in the Obama White House and called Iran an “evil, malign government.”

Persons: Jacob Lew, Kentucky Sen, Rand Paul, Lew, Barack Obama, Joe Biden, Tom Nides, Obama, Iran —, —, Donald Trump, Idaho Sen, Jim Risch, ” Organizations: WASHINGTON, —, Foreign Relations, Hamas, Republicans, Obama White, Idaho, Republican Locations: Israel, Kentucky, United States, Gaza, Iran

The attacks prompted Israel to launch an intensive bombing campaign against the Gaza Strip, which is governed by Hamas. “I cannot remember a time when Israel’s struggle for security was not at the forefront of my mind,” Mr. Lew said. If confirmed, I will uphold President Biden’s commitment to deny Iran a nuclear weapon.”But his declarations did little to deter Republican senators. Senator John Barrasso, Republican of Wyoming, accused Mr. Lew of acting as the Iranian government’s banker by negotiating deals to release funds in exchange for American prisoners. “Preventing this from becoming a multifront war is hugely important for Israel, for the region, for the world,” he said.

Persons: Jacob J, Lew, Biden’s, Biden, Obama, Jim Risch of, Lew of, Lew’s, —, Chuck Schumer, Israel, Thomas R, Nides, Schumer, “, Mr, ” Mr, fides, Marco Rubio, John Barrasso, Barrasso, ” Organizations: Senate Foreign Relations, Israel, Hamas, Republican, Foreign Relations, Mr, Jewish, Investigations, State Department Locations: Israel, Gaza, Jim Risch of Idaho, Iran, United States, Florida, Oman, Tehran, Wyoming, Iranian, U.S, Saudi Arabia

The request to Congress would cover a year, according to another person familiar with the administration’s expected request. Lew, a Treasury Secretary under former President Barack Obama, was nominated by Biden last month after former Ambassador Tom Nides left the post in July. Political Cartoons View All 1211 ImagesThe White House could make a formal request for the foreign war aid as soon as this week. Some Republicans have criticized Lew for his role in the Obama White House as it negotiated the Iran nuclear agreement in 2015, among other foreign policy moves under Obama, and that opposition could slow his nomination. “Our ability to support Israel at this pivotal moment is significantly hamstrung by the fact that we don’t have a U.S. ambassador on the ground," Murphy said.

Persons: Jacob Lew, Joe Biden, Lew, Barack Obama, Biden, Tom Nides, —, Obama —, Ben Cardin, Jack, ”, Cardin, Kevin McCarthy, Mitch McConnell, McConnell, Obama, Donald Trump, Republican Sen, Tom Cotton of, Jack Lew, ” Cotton, Jack Lew’s, ” Lew, Democratic Sen, Chris Murphy of, Murphy, Seung Min Kim Organizations: WASHINGTON, —, Israel, Hamas, Foreign, White, Management, Republicans, Republican, Hamas ’, “ Fox, Democratic, Foreign Relations, Associated Press Locations: Israel, Ukraine, Taiwan, China, D, Congress, U.S, Iran, Tehran, Tom Cotton of Arkansas, Chris Murphy of Connecticut, Gaza

☆ Yellen to Colbert: ‘I practiced and I practiced’ signature for US currency
▼ + stars: | 2022-12-01 | by ( Alicia Wallace | ) edition.cnn.com time to read: +2 min

Minneapolis CNN Business —Sheets of dollar bills rolling off the presses at the Fort Worth Bureau of Engraving and Printing will soon bear the signature of US Treasury Secretary Janet Yellen. “And I practiced, and I practiced.”In her first time as a guest on the late-night talk show, Yellen chatted inflation, economic uncertainty and the chicken scratch of the Treasury Secretaries who came before her. Treasury Secretary Janet Yellen talks on November 30 with Stephen Colbert, host of the "Late Show with Stephen Colbert," about her signature that will appear on US bills. It’s been tradition for more than a century that both the US treasurer and the Treasury secretary sign currency to make them legal tender. Beyond the banter about handwriting, Yellen earlier in the conversation discussed inflation and fielded questions about whether a recession is imminent.

☆ Why the Fed may finally loosen its grip
▼ + stars: | 2022-12-01 | by ( Allison Morrow | ) edition.cnn.com time to read: +4 min

The Fed should be pleased that its aggressive rate hikes in the past few months are having their desired effect, and they can ease up a bit. After four giant three-quarter-point hikes in a row, all signs point to Fed Chair Jay Powell announcing a half-point bump later this month. BIG PICTUREIt’s taken most of the year, but the economy appears to have made it over the mountain of inflation and aggressive rate hikes, according to Peter Boockvar, chief investment officer at Bleakley Financial Group. But while 200,000 is nothing to sniff at, it’s still not soft enough for the Fed to pause its rate hikes. However, markets may cheer the fact that it’s low enough for the Fed to hike at a less aggressive pace than we’ve seen in recent months.

☆ ‘Chinese chorizo’ honors fusion of two cultures in Arizona
▼ + stars: | 2022-10-21 | by ( Associated Press | ) www.nbcnews.com time to read: +7 min

It’s a history that older Tucson Chinese residents say they have spent years trying to make more visible. To promote the endeavor, she organized the inaugural Tucson Chinese Chorizo Festival. The 15,000-square-foot Tucson Chinese Cultural Center is a bustling hub that’s part community center and part museum, and serves at least 5,000. On the walls are display boards with mini-profiles of long-gone Chinese grocery stores. The center also has a YouTube channel that includes a 2014 video on Chinese chorizo.

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