Policy: Economy

Treasury Secretary to visit Detroit on jobs push

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News,Business,Jobs,Treasury,Detroit,Economy,Michigan,Jack Lew

DETROIT (AP) — U.S. Treasury Secretary Jacob Lew plans to visit Detroit to explore ways to promote job creation and economic growth.

Lew on Thursday plans to convene a meeting with foundation leaders to discuss ways the nonprofit sector can help. The focus will be creating and investing in programs that support economic development, promote education and workforce skills training, and increase access to capital.

On Friday, Lew plans to tour New Center Stamping, a Detroit business that received $3.7 million in funding from the Treasury Department's State Small Business Credit Initiative. He'll also meet with area business and community leaders to discuss bankrupt Detroit's economy.

An announcement about Lew's planned visit says he'll highlight the continued commitment of President Barack Obama's administration to the city's revitalization.

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