Treasury Secretary Jack Lew shares his thoughts about the ongoing port problems on the West Coast, the strong U.S. dollar and "weak spots" in global economies.» Read More
WASHINGTON— Federal Reserve Chair Janet Yellen came under fire Wednesday from House Republicans, who challenged the central bank's lack of accountability during her second day of testimony to Congress. After she gave her semiannual economic report, GOP lawmakers on the House Financial Services Committee grilled Yellen with a basket of complaints.
The case of Antonio Weiss shows that Congress will not confirm successful candidates from Wall Street, Evercore CEO Ralph Schlosstein told CNBC.
Alan Ruskin of Deutsche Bank told CNBC that a stronger greenback will no doubt have some negative impact on earnings but it's not all bad.
Central banks around the world are digging in for a protracted fight over currencies. CNBC asked experts what do to in the event of a full-blown currency war.
As global central banks make moves to weaken their currencies, Treasury Secretary Jack Lew tells CNBC a stronger U.S. dollar is good for everyone.
Treasury Secretary Jack Lew, shares his views on tax reform.
Treasury Secretary Jack Lew, weighs in on U.S. monetary policy and the strong dollar.
Treasury Secretary Jacob Lew will preside over an open session of the Financial Stability Oversight Council at the Treasury Department. WASHINGTON- Federal Reserve chair Janet Yellen participates in open session of the Financial Stability Oversight Council meeting- 1930 GMT. LONDON- Bank of England will release the minutes from its January policy meeting-...
Back on this week, the World Economic Forum in Davos is as big as ever with lofty ambitions to match.
ATLANTA, United States- Federal Reserve Bank of Atlanta President Dennis Lockhart gives welcome remarks and speaks on " Federal Reserve Bank of Atlanta's CED Programs and Financial Literacy Programs" before the HOPE Global Forum- 1350 GMT. DUBLIN- The Central Bank of Ireland, Center for Economic Policy Research and International Monetary Fund are organizing a...
WASHINGTON, Jan 15- The United States rolled out a sweeping set of measures on Thursday to significantly ease sanctions on Cuba, opening up the country to expanded U.S. travel, trade and financial activities. The 54- year-old U.S. embargo on Cuba will remain in place- only Congress can lift it. Congressional critics of Obama's shift say that Washington should not be...
WASHINGTON, Jan 15- The United States rolled out a sweeping set of measures on Thursday to significantly ease the half-century-old embargo against Cuba, opening up the country to expanded travel, trade and financial activities. The Treasury and Commerce Departments issued a package of new rules that will allow U.S. exports of telecommunications,...
WASHINGTON, Jan 15- The United States rolled out a sweeping set of measures on Thursday to ease the half-century-old embargo against Cuba, opening up the country to expanded travel, trade and financial activities. The Treasury and Commerce Departments issued a package of new rules that will allow U.S. exports of telecommunications, agricultural and...
Sen. Elizabeth Warren's knockout of Treasury nominee Antonio Weiss carries consequences for the 2016 general election, Politico's Ben White says.
The U.S. Treasury is winding down its auto industry recovery program by selling the last of its stake in Ally Financial.
Life insurers are avoiding taxes without leaving the country, saving as much as $100 billion in federal taxes, the NYT reports.
For most of the world, the tailwind of lower oil prices helps push the pace of growth. But not for everybody.
CNBC's Andrew Ross Sorkin sits and Treasury Secretary Jack Lew discuss Russia's oil woes amid U.S. sanctions.
CNBC's Andrew Ross Sorkin sits down with Treasury Secretary Jack Lew to discuss how the drop in oil prices is impacting the economy. When you look at the oil sector you need to look at it in two parts - shale and traditional drilling. Also Lew shares his thoughts on President Obama's clean energy initiatives.
In a move that sets up another round of debate over the extenders in 2015, senior Republicans said a short-term extension would be approved for the package, with the House of Representatives acting as soon as this week. The Obama administration weighed in, with Treasury Secretary Jacob Lew meeting with congressional Democrats and saying in a statement that...