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Greek talks must 'double down': Lew

US Treasury Secretary says Athens, creditors need to work harder for a solution.

Treasury's Lew fears miscalculation over Greece could spark new crisis

LONDON (Reuters) - U.S. Treasury Secretary Jack Lew said on Wednesday he was worried that a miscalculation could lead to a new Greek crisis, which it would be a mistake to think would have no consequence for the wider world. "The challenge...Show More Summary

Tax Return Preparers Rejoice: IRS To Refund All Exam Fees Paid Under Invalidated Program

In 1884, 31 U.S.C. §330 was added to the statute. Section 330 provides that the Secretary of the Treasury may: (1)  Regulate the practice of representatives of persons before the Department of the Treasury, and (2)  Before admitting a representative to practice, require that the representative demonstrate: good character; good reputation; necessary qualifications to enable [...]

Former Goldman Sachs chief economist Jim O'Neill is taking charge of the UK's 'Northern Powerhouse'

Former Goldman Sachs chief economist Jim O'Neill is to lead the new Conservative governments push to devolve more power to cities as commercial secretary to the Treasury. The man who famously coined the acronym BRICs to describe theShow More Summary

Weehawken Dueling Grounds in Weehawken, New Jersey

Anyone who remembers Michael Bay’s famous 1993 “Got Milk” commercial knows that sitting Vice-President Aaron Burr shot and killed former Secretary of the Treasury, Alexander Hamilton during an 1804 duel. What many people do not realize however, is that the very boulder where a mortally wounded Hamilton was thought to have rested still exists. Show More Summary

The "Women on 20s" campaign reveals the results of its poll in a very slick "Dear Mr. President" video.

"It doesn't take an 'Act of Congress' - it just requires the Secretary of the Treasury to make the change...." Obama seems to be getting kicked around a lot these days, so maybe he's looking for something inspiring to do, but I don't think he will. I told you why last month: Click for more »

Hank Paulson plays down China infrastructure bank

Former US Treasury Secretary says bank not a 'huge watershed moment' for US power.

Danny Alexander leaves no handover note for Greg Hands

When Liam Byrne departed from the role of chief secretary to the Treasury in 2010, he left a note for his successor which read that ‘there is no money’. The note went… Continue reading The post Danny Alexander leaves no handover note for Greg Hands appeared first on Spectator Blogs.

‘Too Big to Exist': Sanders Introduces Bill to Break Up Big Banks

by Nadia Prupis, staff writer | (Commondreams.org) | – If passed, bill would give Treasury Secretary a year to break up institutions bailed out in financial crisis. Sen. Bernie Sanders, who is…

The Bankruptcy of Republican Thought

In early January, the Center for American Progress (CAP) released a report, co-authored by former Treasury Secretary Larry Summers, that outlined policy solutions to the weak economic and wage growth currently

Review: Hank Paulson’s kiss-and-don’t-tell China guide

The former U.S. Treasury secretary paints a world where noble Chinese officials beg straight-talking American bankers to help get their finances in order. Some things have changed. What hasn’t is that contacts are everything, and that killer details are always left unspoken.

Public School Wins The Battle To Keep 'In God We Trust' Marquee

The motto IN GOD WE TRUST did not appear on our currency until the mid 19th Century. It was proposed in 1861 by a Pennsylvania minister (Rev. M.R. Watkinson) to relieve us from the ignominy of heathenism. Secretary of the Treasury, Salmon P. Show More Summary

Video: Geithner, Paulson, and Rubin

In this session, Sheryl Sandberg, chief operating officer of Facebook, interviews former U.S. Treasury Secretaries Timothy Geithner, Henry Paulson and Robert Rubin about global economic trends, public finance and capital markets.

Treasury’s Lew Exposes Fast Track as a Sham

For someone supposed to be a political whiz due to staff experience on Capitol Hill, Treasury Secretary Jack Lew sure has been acting like a political bungler.

China’s New Investment Bank: A Premature Prophecy

Former U.S. Treasury Secretary Lawrence Summers wrote on April 5 that this month may be remembered as the moment the United States lost its role as the underwriter of the global economic system.

Hillary's Charities Suffer A "Geithner Moment", Will Refile 5 Years Of Taxes

Once upon a time, when then-NY Fed chief Tim Geithner was angling for a Senate confirmation which would make him Treasury Secretary, things got a bit tense when it was discovered that Geithner failed to pay Medicare and Social Security taxes on the income he earned while working for the IMF from 2001-2004. Show More Summary

Former Treasury chief calls for global climate change action

Henry Paulson was running the U.S. Treasury when the country encountered its worst financial crisis since the Great Depression. Now he's warning of a climate crisis that could be even worse. Paulson served as Treasury Secretary during the last two years of George W. Show More Summary

DealBook: A Veteran of the Financial Crisis Tells China to Be Wary

Henry M. Paulson, Treasury secretary during the 2008 financial crisis, warns China in a new book that it will undoubtedly have to “face a reckoning.”

U.S. urges Greece to reach debt deal

Treasury Secretary Jacob Lew warns default would create "hardship" for Greece.

China Should Be ‘More Concerned’ About US Debt Than Washington - Paulson

Former US Treasury Secretary Hank Paulson stated that China should be more concerned about the size of the US debt as the country's second largest creditor behind Japan.

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