Wolin to temporarily take top slot at Treasury

Democrats expect Lew to win confirmation, though at least one prominent Republican, Sen. Jeff SessionsJefferson (Jeff) Beauregard SessionsChris Christie compares Mueller investigation to 'Bridgegate' probe Oakland mayor fires back at Trump: ‘It’s my duty to protect my residents’ McCabe lawyer fires back at Trump: 'You need to stop lying’ MORE (Ala.), and a member of the Democratic Caucus, Sen. Bernie SandersBernard (Bernie) SandersSunday shows preview: Lawmakers weigh in after Texas school shooting Voters Dems need aren't impressed by anti-waterboarding showboating Primary win gives resurgent left a new shot of adrenaline MORE (I-Vt.), have announced they will oppose the nomination. Top Democrats like Sens. Chuck SchumerCharles (Chuck) Ellis SchumerSchumer: GOP efforts to identify FBI informant 'close to crossing a legal line' Patients deserve the 'right to try' How the embassy move widens the partisan divide over Israel MORE (N.Y.) and Max BaucusMax Sieben BaucusClients’ Cohen ties become PR liability Green Party puts Dem seat at risk in Montana Business groups worried about Trump's China tariffs plan MORE (Mont.), the Finance Committee chairman, have already announced their support for Lew. 

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Geithner is exiting as Congress is dealing with the debt ceiling, though the Senate appears likely to take up a House GOP measure to take the debt limit off the table until at least May. 

Wolin, in addition to his four years as deputy Treasury secretary under Obama, also served under Robert Rubin and Larry Summers at Treasury during the Clinton administration.

He has been Treasury's lead defender of both the Dodd-Frank overhaul of financial regulations and its implementation. 

"There will, of course, continue to be disagreements and opposition as we move forward. There will be critics and naysayers. But those who are charged with implementing reform have not forgotten why we needed reform," Wolin said in a 2011 speech. "We needed reform because we can’t afford another crisis."

This post was updated at 2:20 p.m.