Jacob Lew is warning Russia that it could face tougher sanctions over Ukraine, but other powers are reluctant to go along.» Read More
WASHINGTON— The United States is working to convince a reluctant Europe of the need to punish Russia more severely for its meddling in Ukraine while at the same time warning Moscow to step back or take more financial hits.
WASHINGTON— The world's top finance officials expressed confidence Saturday that the global economy finally has turned the corner to stronger growth.
That's despite a variety of threats including rising political tensions over Russia's actions in Ukraine.
TORONTO— Former Canadian finance minister Jim Flaherty, a fixture on the world financial stage who stepped down just three weeks ago, has died. The House of Commons in Ottawa abruptly suspended business as word of his death circulated and the finance ministers of the G-20 paid tribute to Flaherty at the start of their meetings in Washington on Thursday.
WASHINGTON— Treasury Secretary Jacob Lew told his Russian counterpart on Thursday that Russia could face tougher economic sanctions because of its actions in Ukraine.
Treasury Secretary Jack Lew says immigration reform is "the right thing to do," in discussing the benefits of immigration reform on the U.S. economy.
China needs to demonstrate that they are on the path of a market-determined exchange rate, says Treasury Secretary Jack Lew weighing in on what China needs to do to take its place on the world's economic stage.
Treasury Secretary Jack Lew explains why he thinks it's important for the Highway Bill to pass Congress.
Treasury Secretary Jack Lew shares his thoughts on how Europe can assist its economic recovery. Investing in infrastructure stimulates demand, says Lew.
In a wide-ranging interview, CNBC's Steve Liesman talks with Treasury Secretary Jack Lew about how the U.S. is sparking economic growth.
PHILADELPHIA, United States- Federal Reserve Bank of Philadelphia President Charles Plosser speaks before the "Enhancing Prudential Standards in Financial Regulations" conference hosted by the Federal Reserve Bank of Philadelphia- 1845 GMT.
Treasury Secretary Jacob Lew will meet Mexican President Enrique Pena Nieto, Mexican Finance Minister Luis Videgaray and Bank of Mexico Governor Agustin Carstens. *BRUSSELS- ECB Supervisory Board Chair Daniele Nouy to appear before European Parliament Economic and Monetary Affairs Committee in Brussels- 1000 GMT.
Treasury Secretary Jacob Lew will meet Brazilian Finance Minister Guido Mantega and Brazilian Central Bank Governor Alexandre Tombini. LONDON- Bank of England Deputy Governor for Financial Stability John Cunliffe will take part in a conference at Chatham House titled "New Rules on Market Structure, Trading and Funding"- 0930 GMT.
LONDON- Bank of England Governor Mark Carney and Executive Director for Markets Paul Fisher will speak on the Inflation Report at Treasury Select Committee- 0930 GMT. Assistant Secretary for Tax Policy Mark Mazur will deliver remarks at the 2014 National Congress of American Indians Executive Council Winter Session.
Treasury Secretary Jacob Lew speaks at the of the American Israel Public Affairs Committee Policy Conference 2014- 2200 GMT. BRUSSELS- ECB President Mario Draghi will give introductory remarks at the Quarterly Hearing before the Committee on Economic and Monetary Affairs of the European Parliament in Brussels, Belgium- 1400 GMT.
NEW YORK- Federal Reserve Bank of Minneapolis President Narayana Kocherlakota and Federal Reserve Board Governor Jeremy Stein participates in panel to discuss report on interactions between monetary policy and financial stability before the University of Chicago Booth School of Business 2014 Monetary Policy Forum- 1515 GMT.
WOOSTER, United States- Federal Reserve Bank of Cleveland President Sandra Pianalto gives lecture, "Reflections on 35 Years with the Federal Reserve System" at the James R. Wilson Lecture Series hosted by the College of Wooster- 0030 GMT. SAITAMA, Japan- Bank of Japan board member Koji Ishida speaks to business leaders in Saitama- 0130 GMT.
CNBC's Oriel Morrison provides a preview of the G20 meeting of finance ministers and central bank governors where global economic stability is on the agenda.
CNBC's Eamon Javers reports Jack Lew says the Treasury will extend into "extraordinary measures" to enable the government to continue paying bills.
Could the U.S. Treasury Department withhold tax refunds if a government default was near? Mark Patterson, Center for American Progress senior fellow, weighs in on the debt ceiling mess on Capitol Hill.