Treasury lawyer to become chief of staff

Mark Patterson — who served as chief of staff to Tim Geithner, President Obama’s first Treasury secretary — is expected to leave the department around Memorial Day.

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Now Treasury’s deputy general counsel, Weideman has also been an associate counsel to Obama and an associate at Williams and Connolly.

Treasury is likely to remain a key player in discussions between the administration and Congress over tax-and-spending issues, especially given Lew’s long experience with budget matters and with another potential showdown over the debt ceiling looming.

The department also has a role in the implementation of the Dodd-Frank overhaul of financial regulations, and will be keeping an eye on the European economy.