U.S. Treasury’s Lew to Undergo Outpatient Prostate Surgery

U.S. Treasury Secretary Jacob J. Lew will undergo an outpatient surgical procedure tomorrow in New York for a benign enlarged prostate, the Treasury Department said in an e-mailed statement yesterday.

Lew, 58, “expects to remain at home in New York for the remainder of the week,” according to the statement. “His physician expects that he will be able to return to his full schedule next week.” Lew has a home in New York and frequently travels between there and Washington.

Lew was treated briefly at a Mexico City hospital March 18 after arriving there from Brazil during a two-day trip to Latin America. His treatment in Mexico helped alleviate short-term symptoms while the procedure this week will address the long-term condition, said a Treasury official who asked not to be named as per departmental policy.

President Barack Obama picked Lew last year to replace Timothy F. Geithner. He took office in February after serving as Obama’s chief of staff and director of the Office of Management and Budget, a job he also held during the administration of President Bill Clinton.

Earlier in the Obama administration, Lew was a deputy secretary of state for two years under Hillary Clinton. Lew was an executive at Citigroup Inc.’s global wealth management and investment divisions from 2006 to 2009.

Before it's here, it's on the Bloomberg Terminal.