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How the Government "Cut the Profitability of Banking Roughly in Half"

According to former Treasury Secretary Timothy Geithner, the average bank is roughly half as profitable today as it was before the financial crisis of 2008-2009.

Treasury secretary warns: cut now or risk crisis

Labor wants to talk about anything but the financial devastation it…

Larry Summers Shifts To See Rentier Capitalism As Threat

Former Clinton Treasury Secretary and Economic Advisor to the Obama Administration Larry Summers has had a change of heart. After decades of promoting deregulation of the financial system that expanded the power of Wall Street, Summers now sees the dangers of rentier capitalism. At a discussion on technology and the workforce hosted by the Hamilton [...]

‘There Are No Independent States in EU, They Are All Vassals of the US’

Washington will do everything it can to prosecute European nationals who went to fight in Eastern Ukraine on the side of Donbas independence supporters, Paul Craig Roberts, the former assistant secretary of the US Treasury, told Sputnik in an exclusive interview.

Cut, cut, reform: John Fraser

Treasury secretary blames budget hole on spending growth, calls for restraint.

Treasury secretary wants super, welfare reform

John Fraser bemoans level of political debate about economic ideas.

Here's how the New York Post would have covered America's founding fathers

The New York Post produced a number of "cheeky" historical front pages for the hip-hop  off-Broadway show "Hamilton," publisher Jesse Angelo revealed Monday. Alexander Hamilton, a former treasury secretary and the subject of "Hamilton,"...Show More Summary

FYI, the Secretary of the Treasury is Not "Moe Money"

You might not be able to name the Secretary of the Treasury, but you probably know it isn't "Moe Money." Nor does the United States have a cabinet-level officer, or one at any level, actually, whose title is "Proprietor of...          Related Stories Nobody Move! This Is a Film Project NOTE: Trying to Blow Up an ATM Could Backfire What Does a Security-Camera Thief Look Like?  

US urges Greece to agree to deal

US Treasury Secretary Jack Lew urged Greece to find a quick “constructive path” towards a bailout deal with its creditors, Greek media reports. ||| Athens - US Treasury Secretary Jack Lew urged Greece to find a quick “constructive path” towards a bailout deal with its creditors, Greek media reports. Show More Summary

Larry Summers Likes the Idea of Bitcoin

The former Treasury secretary said the virtual currency could help reduce costs and inefficiencies in the global payments system. But so could other payment technologies.

The Politics of Responsibility - Not Envy

According to former Treasury Secretary Larry Summers - who is emerging as a key economic advisor to Hillary Clinton - the big political challenge in addressing economic inequality is not to embrace "a politics of envy." No, Mr. Summers - it's not the politics of envy. Show More Summary

Are you ready for a singing Treasury Secretary?

Calling all history and fiscal policy geeks. If you're in New York City, stop by the Public Theater where "Hamilton" is in previews and see if you can get a ticket. It will be hard. It's a hot show right now. That's pretty amazing considering that the title refers to Alexander Hamilton, America's first Treasury Secretary. Show More Summary

Sen. Thune Highlights Tax Issues with Treasury Secretary Jack Lew

Feb. 5- U.S. Senator John Thune (R-S.D.), member of the tax-writing Senate Finance Committee, questions U.S. Department of Treasury Secretary Jack Lew about the president’s proposal to add a second death tax on family farms and businesses. A news release today from Sen. Thune indicated that, “[Sen. Thune] today at a hearing before the Senate […]

Harvard Faces a Moment of Veritas

Last week, Lawrence H. Summers, the Charles W. Eliot University Professor and president emeritus of Harvard University, and former Secretary of the Treasury, delivered a lecture on “Academic Freedom and Anti-Semitism” at Columbia University. He recalled that in 2002, when...

Taxed Reactions and Revenue Rules

House GOP on the President’s tax proposals: “Meh.” House Ways and Means Chair Paul Ryan told Treasury Secretary Jack Lew yesterday that “You have gradually, grudgingly taken a few steps in my opinion in the right direction… It’s progress… Not a lot. Show More Summary

Kenya: No shocks on way - Treasury

Kenyan Treasury Secretary Henry Rotich said he isn’t anticipating a major economic shock that would cause the government to draw right away on an almost $688 million (R7.968 billion) loan from the International Monetary Fund. ||| Kenyan...Show More Summary

IRS' Tea Party troubles raised during FY16 budget hearing

U.S. Treasury Secretary Jacob Lew was on the hot seat today, spending three full hours being grilled by Ways and Means Committee members about the Administration's fiscal year 2016 budget. As is the case in most Capitol Hill hearings, members were more interested in making their own political statements than in asking questions and getting answers. Show More Summary

Johnson’s short course on Iran

(Scott Johnson) In the January 21 Senate Foreign Relations Committee hearing on our ongoing negotiations with Iran, Deputy Secretary of State Antony Blinken appeared as the principal witness. Treasury Under Secretary David Cohen also appeared in his last time around before he assumes responsibilities as CIA deputy director. Show More Summary

Is the Economy Still Threatened by Secular Stagnation?

last monthNews : News Desk

A little more than a year ago, Larry Summers, the former Treasury Secretary and White House economic adviser, suggested that the United States economy might well have entered an an extended period of slow growth, in which workers and other resources remain idle and inflation is negligible. Show More Summary

Catch-33: Stringent documentary requirements upheld for legal aid in domestic violence cases- Vanessa Long and Adam Smith

R (on the application of Rights of Women) v Secretary of State for Justice [2015] EWHC 35 (Admin) – read judgment Neil Sheldon and Alasdair Henderson (instructed by The Treasury Solicitor) acted for the Defendant in this case. They have nothing to do with the writing of this post. The campaign group Rights of Women […]

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