Sessions: Lew Must 'Never' Be Treasury Secretary

11:02 AM ET Thu, 10 Jan 2013

CNBC's Steve Liesman reports the Fed will send the Treasury a record $88.5 billion. And, it's official! President Obama will nominate Jack Lew to succeed Tim Geithner as Treasury Secretary, but Sen. Jeff Sessions (R-AL), explains why he is opposing Lew's nomination.