But despite her Triad roots, you might not know Lynch, who has built her career in New York.
Obama described Lynch as a "tough, fair and independent" lawyer, CNN reported. She currently serves as U.S. attorney for the Eastern District of New York.
Lynch would replace Eric Holder, who said in September he plans to step down. She'll still need to be confirmed by the Senate.
Lynch had been talked about as a possible attorney general nominee for some time, but was considered a more likely pick for deputy attorney general.
Here are five things to know about Lynch:
— She was born in Greensboro in 1959, but six years later she and her family moved to Durham, where she grew up, WFMY-TV reported. Her parents were the Rev.Lorenzo Lynch, a Baptist minister, andLorine Lynch, a school librarian, according to the Wall Street Journal.
— A Harvard University and Harvard Law School graduate, she has said that she had a "nerdy" childhood and that her idea of fun in college was reading Chaucer in old English, the Wall Street Journal noted.
— Although her national profile is not especially high, she's frequently taken on "cases involving political corruption, organized crime and terrorism," according to the Wall Street Journal. She's been U.S. attorney in Brooklyn twice — from 1999 to 2001 under President Bill Clinton and, in her current stint, since 2010 under Obama. "She has made her name as work horse, not show horse," CNN legal analyst Jeffrey Toobinsaid.
— She would be the first African-American woman to serve as attorney general. Holder was the first African-American to hold the post.
— If you watched the movie "Goodfellas," you know something about one of her cases. As the Associated Press reported, she "charged reputed mobster Vincent Asaro and his associates for the 36-year-old heist of $6 million in cash and jewelry from a Lufthansa Airlines vault at Kennedy Airport."