Six years ago today, then-House Speaker Nancy Pelosi called the Bush administration’s treasury secretary, Henry Paulson, to schedule House leaders’ regular briefing on the economy and the... To view the full story, click the title l...
U.S. Treasury Secretary Jacob Lew warned his Chinese counterpart in a recent letter that a spate of antimonopoly investigations against foreign companies could have serious implications for relations between the two countries, according to people briefed on its contents.
One of the most remarkable features of the Scottish independence debate has been the total disregard the Yes campaign has had for expert opinion. When experts such as the Permanent Secretary to HM Treasury advised against a currency union with an independent Scotland, when all the main political parties said there would be no such currency union [...]
There’s tougher talk from Treasury. Secretary Jack Lew affirmed administrative authority to curb inversions, telling Bloomberg that “If Congress doesn’t act, we have to take the steps we can, which will reduce the economic value of inversions.” There’s more talk on the Hill, too. Show More Summary
While many press stories today focused on what U.S. Treasury Secretary Lew said – and did not say – onRead the Rest...
Treasury Secretary Lew's comments on tax reform yesterday indicate that in the absence of legislative activity to address the expatriation of US-based companies, the Treasury will lay out its own plans "in the very near future." Goldman interprets this to mean an announcement in the next couple of weeks. Show More Summary
The Obama administration on Tuesday announced a series of measures to help shore up crumbling U.S. Treasury Secretary Jack Lew said investing in infrastructure has historically been one of the best ways to create jobs and boost economic...Show More Summary
Inversions: The waiting is the hardest part. At yesterday’s TPC event Treasury Secretary Jack Lew promised an anti-inversion decision “soon,” but committed to no other details. While everybody agrees corporate inversions are done largely...Show More Summary
The following conversation took place at Harvard University. Former U.S. Treasury Secretary, Larry Summers invited Ray Dalio, founder and chairman of Bridgewater Associates, the world’s largest hedge fund, to discuss Dalio’s unique views on economics. Show More Summary
In a speech today at the Tax Policy Center, Treasury Secretary Jack Lew said the agency will decide “in the very very near future” how it will respond to the recent wave of tax-motivated corporate inversions. Lew strongly urged Congress to curb the practice on its own, but suggested Treasury might move administratively if lawmakers [...]
Photo by Joshua Doubek/Wikimedia Commons WASHINGTON — Treasury Secretary Jacob Lew said Monday the Obama administration will decide “in the very near future” what actions it can take to make it less profitable for U.S. companies to shift their legal addresses to other countries. A growing number of U.S. Show More Summary
Treasury Secretary Jack Lew called again on Congress Monday to fix the nation's broken corporate tax system, but said the Obama administration is "completing an evaluation" of whether the Treasury Department can act unilaterally to discourage firms from renouncing their U.S. citizenship for tax purposes. Speaking at the nonpartisan Tax Policy Center, Lew said he […]
Treasury speaks on business tax reform at TPC. Tune in this morning. Treasury Secretary Jack Lew will address business tax reform and will be followed by a panel discussion on corporate inversions, a US tax avoidance strategy. The panel...Show More Summary
The Tax Policy Center hosts a program today on Business Tax Reform: What Can Be Done? featuring Treasury Secretary Jacob Lew: The corporate income tax is under increasing pressure and business tax reform is critically important to help stop this trend. While the United States has the highest corporate tax...
Annette Brooke, MP for Mid Dorset and North Poole, yesterday questioned the Government on what fiscal steps they had taken to reduce the cost of living for those on the lowest incomes. She raised the issue during Treasury Questions in the House of Commons. Annette also highlighted the positive changes pushed through by the Liberal […]
Former assistant secretary for public affairs at the Treasury Department Jenni LeCompte has joined The Glover Park Group as managing director, supporting its strategic communications and financial services clients. Prior to joining Treasury...Show More Summary
Co-authored by Julia Trezona Peek Once the lone province of climate scientists, the chorus warning of the costs of inaction on climate change grows larger daily, from former United States Treasury Secretary Henry Paulson, who warnedShow More Summary
Sheila Bair, former chairman of the U.S. Federal Deposit Insurance Corp., describes what it was like in the room with former Treasury Secretary Hank Paulson and former Federal Reserve Chairman Ben Bernanke when the global economy was on the verge of falling into the abyss in this week’s “Masters in Business” podcast. Listen to the...Read More
Former Treasury Secretary Hank Paulson recently compared the climate crisis to the 2008 financial crisis. He said: We’ve seen and felt the costs of underestimating the financial bubble. Let’s not ignore the climate bubble. Case in point: Florida. read more
The Treasury Department put out the word that Secretary Jack Lew is considering regulatory curbs on corporate tax inversions, a step that may be intended to increase pressure on Congress to act once it returns from its summer recess in September. The matter of how much authority Treasury has to limit inversions has generated its own [...]