Lew, Bowles Could Replace Geithner

Will he leave shoes too big to fill? With Treasury Secretary Timothy Geithner bucking to get out of Washington, President Obama has a tough choice ahead in picking his replacement. Among the reported frontrunners are debt-reduction crusader Erskine Bowles and Jack Lew, who served as budget director before becoming White House chief of staff. While Geithner had to deal with propping up the banking sector and managing an auto bailout, whoever comes along next will have challenges no less critical, including striking a deal of deficit reduction and avoiding the “fiscal cliff.”