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Geithner Gets JPMorgan Credit Line

Former U.S. Treasury Secretary Timothy Geithner is preparing to borrow from JPMorgan Chase & Co. to help fund his new career in private equity. Geithner, 54, secured a credit line with JPMorgan, one of the largest banks he oversaw during...Show More Summary

JPMorgan Backs Geithner’s Investments With Warburg Pincus

Timothy Geithner, the president of Warburg Pincus and former Treasury secretary, arranged a line of credit with JPMorgan Chase to invest in the firm’s funds.

U.S. Treasury Secretary urges China to communicate FX policy clearly

WASHINGTON (Reuters) - U.S. Treasury Secretary Jack Lew reiterated to China the importance of transitioning to a market-determined exchange rate in an orderly and transparent way, the Treasury said on Wednesday. During a phone call with...Show More Summary

Washington Post Doubles Down in Support of TARP Wall Street Bailout

The Washington Post is unhappy that support of the TARP appears to be a liability on the campaign trail. After all, it tells readers: “Then-Federal Reserve Chair Ben S. Bernanke and Treasury Secretary Henry M. Paulson declared it indispensable to prevent another Great Depression.” Yep, that would be Henry M. Show More Summary

Why Are We Third-World America When It Comes to Retirement?

Contrary to her assertions, Deputy Treasury Secretary Sarah Raskin's recent post on President Obama's plan to provide new retirement savings at work isn't going to create "inclusive prosperity." Unfortunately, President Obama's myRaShow More Summary

Why Are We Third-World America When It Comes to Retirement?

Contrary to her assertions, Deputy Treasury Secretary Sarah Raskin's recent post on President Obama's plan to provide new retirement savings at work isn't going to create "inclusive prosperity." Unfortunately, President Obama's myRaShow More Summary

PM warned AAA rating in jeopardy

Treasury secretary John Fraser warned AAA-credit rating is in jeopardy unless urgent efforts are made to cut spending.

US Treasury Under Secretary to Address Daesh Financing With Turkey, France

The US Department of the Treasury announced that acting US Treasury Undersecretary for Terrorism and Financial Intelligence Adam Szubin will visit Turkey and France next week in an effort to block financing for Daesh terrorist group...

‘Hamilton’ Will Play The Hollywood Pantages in 2017, With ‘The Book Of Mormon’ Returning

Hamilton, Lin-Manuel Miranda’s rap-infused musical about the American Revolution and the first Treasury secretary, will have a run beginning in the late summer of 2017 at the Hollywood Pantages. The theater is operated by the Nederlander...Show More Summary

GOP Reps Subpoena Treasury Secretary Over Obamacare's 'Unlawful Payments'

Two GOP representatives have subpoenaed Treasury Secretary Jacob Lew to provide documents to the Committee on Energy and Commerce regarding the...

Treasury Secretary Urges Fast Action on Puerto Rico Debt Crisis

Jacob J. Lew said, “Only Congress can enact the legislative measures necessary for Puerto Rico to resolve this problem.”

House GOP subpoenas Treasury's Lew on 'Obamacare' papers

WASHINGTON (AP) — Two top House Republicans have subpoenaed Treasury Secretary Jacob Lew, seeking documents involving payments to insurance companies to lower out-of-pocket costs for some people enrolled under the Affordable Care Ac...

Treasury Secretary Jack Lew Urges Congress To Act On Puerto Rico

2 weeks agoNews : Huffington Post

SAN JUAN, Jan 20 (Reuters) - U.S. Treasury Secretary Jack Lew on Wednesday said that while the Obama administration was ready to do all it could to help debt-ridden Puerto Rico, only Congress could deliver truly effective change. Lew,...Show More Summary

Senate Finance Committee Urges Treasury To Use Section 891 To Combat EU Investigations Of American Companies

Senate Finance Committee, Finance Committee Members Push for Fairness in EU State Aid Investigations: In a letter to Treasury Secretary Jack Lew today, Senate Finance Committee Chairman Orrin Hatch (R-Utah), Ranking Member Ron Wyden (D-Ore.), and Committee members Rob Portman (R-Ohio) and Chuck Schumer (D-N.Y.) warned the European Union’s (EU)...

‘Hamilton’s America’ PBS Docu On Broadway Blockbuster Will Air Next Fall – TCA

A behind the scenes look at the creation of Hamilton, Lin-Manuel Miranda’s game-changing Broadway musical about the first Treasury Secretary, has been added to the Public Broadcasting Service schedule for the fall. PBS President andShow More Summary

US to Continue Sanctioning Iran for Unlawful Non-JCPOA Activities

US Treasury Secretary Jacob Lew said that the United States will continue imposing sanctions on Iran for its sanctionable actions outside of the Joint Comprehensive Plan of Action.

The Powder Horn’s Alexander Hamilton

The most laughable eighteenth-century-related news story of the past week was the sale of the powder horn shown above on the basis that it was owned by Alexander Hamilton, U.S. Secretary of the Treasury. That particular report even states,...Show More Summary

?Treasury Secretary to Congress: Help Puerto Rico

Jacob Lew asks House Speaker Paul Ryan "to act to provide order to a chaotic and worsening situation"

RBS: The chance of an imminent recession is 75%

Andrew Roberts, the research chief for European economics and rates at RBS, says the chance of an imminent recession is currently 75%. He bases this on an estimate by Larry Summers, the former Secretary of the Treasury in the US, which states that the lower unemployment gets, the more likely it is that a recession is around the corner. Show More Summary

This is a global threat as big as climate change

Lawrence H. Summers, the Charles W. Eliot university professor at Harvard, is a former treasury secretary and director of the National Economic Council in the White House. He is writing occasional posts, to be featured on Wonkblog, about issues of national and international economics and policymaking. This morning, I delivered keynote remarks at the release event for […]

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