The U.S. Treasury has stopped issuing state and local government bonds ahead of the looming breach of the debt limit.» Read More
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...
The Obama administration also weighed in, with Treasury Secretary Jacob Lew meeting with congressional Democrats and saying in a statement that the White House was "open to supporting shorter-term alternatives" on the extenders. At a cost of tens of billions of dollars to taxpayers, the 55- item extenders package also includes some very narrow measures, such...
With its economy contracting, Japan's much-heralded, three-pronged Abenomics revival is beginning to look like a two-legged stool.
CAIRO, Oct 27- From mega-projects to tax reforms, Egyptian ministers presented detailed initiatives last week to revive an economy battered by three years of upheaval and decades of neglect. Quizzed about Egypt's political challenges, however, they had less to say. Marking themselves out from predecessors, the ministers spoke with candour about the enormity...
Lew said recent movements of the euro versus the dollar seem linked more to differences in growth than policies aimed at depreciating the Euro.
The Treasury Department says the fiscal 2014 federal budget deficit fell to $483 billion, reports CNBC's Eamon Javers.
Treasury Secretary Jack Lew says the Euro area recovery lags other advanced economies, reports CNBC's Steve Liesman.
Debating the plan to prevent tax inversions, Doug Holtz-Eakin, American Action Forum, says the Treasurys plan is worse than doing nothing. Christian Weller, Center for American Progress, explains why he favors inversion regulation.
CNBC's Eamon Javers discusses the Treasury Department's new rules to discourage companies from moving their headquarters overseas to avoid taxes.
Jared Bernstein, Budget & Policy Priorities, shares his thoughts on the Obama administrations efforts to implement new regulations that would diminish the ability for companies to escape U.S. taxes.
CNBC's Eamon Javers reports the Treasury Department is trying to make tax inversions less economically appealing to corporations but they will not be able to eliminate them all.
The Treasury Department is seeking to reduce the benefits of companies buying foreign firms to switch tax domicile to a country with lower rates, reports CNBC's Eamon Javers.
The issue of so-called tax inversions has been a major policy point for President Barack Obama over the past few months.
The White House can help stem inversions, but issue must be addressed by Congress, says Rep. Van Hollen.
Treasury Secretary Jack Lew urged Congress to pass anti-tax inversion legislation, reports CNBC's Eamon Javers.
CNBC's David Faber reports on comments by Treasury Secretary Jack Lew regarding tax inversions.
Lanhee Chen, Hoover Institution research fellow, discuss corporate tax reform and what it means for companies to show "economic patriotism."
Treasury Secretary Jack Lew is making the argument against tax inversions. Insight, with CNBC's Eamon Javers.
Rep. Luke Messer, (R-Ind.), weighs in on America's corporate tax loopholes and tax inversions. Messer says lets allow the repatriation of dollars earned overseas to be invested in America without a tax penalty.