WASHINGTON—The Treasury Department says Treasury Secretary Jacob Lew will undergo surgery Tuesday to treat a benign enlarged prostate.

Treasury says the surgical procedure will be performed on an outpatient basis in New York.

Treasury spokesperson Natalie Wyeth Earnest said in a statement Sunday that Lew expected to remain at home in New York for the rest of the week. She said his physician expected Lew to be able to return to his full schedule the following week.

Lew has headed the Treasury Department for a year, taking over in 2013 from Timothy Geithner, who served as Treasury secretary during President Barack Obama's first term.


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