Treasury Secretary Jack Lew is in China where he is talking with leaders on ways to implement economic reforms, reports CNBC's Eunice Yoon.
WILMINGTON, Del., June 1- U.S. Congress members urged Treasury Secretary Jacob Lew to deny Caesars Entertainment Corp a favorable tax ruling relating to the casino operator's plan to create a trust to own its hotels and resorts, saying that doing so would amount to a taxpayer subsidy. Congress took steps to curb REITs last year, but Caesars was exempted because it...
It comes after lawmakers wrote to Treasury Secretary Jacob Lew in March to ask that the USDA be involved in the review so that the potential impact of the transaction on domestic food security could be better assessed. A USDA spokeswoman also declined to comment, citing the same reasons. While the USDA is not one of the agencies comprising CFIUS, there is...
Congress may finally be coming to Puerto Rico's rescue, but the measure may be too little, too late.
US Treasury Secretary Jack Lew warned on Monday that time was running out to address the spiraling crisis in Puerto Rico, the Financial Times reports.
Pfizer reported a 19.7 percent rise in quarterly revenue, boosted by sales of its new treatments for cancer and its Hospira acquisition.
A trend that favored boutique banks and caused pain on Wall Street may finally be reversing itself.
Anti-slavery activist Harriet Tubman will replace Andrew Jackson on the twenty dollar bill while Alexander Hamilton remains on the $10 bill. CNBC's Eamon Javers provides reaction to the Treasury Department's currency move.
Treasury Secretary Jack Lew discusses currency changes that involve honoring important women and moments in American history.
Hamilton will stay on the $10 bill, according to a Politico report, explains CNBC's Eamon Javers.
The "Worldwide Exchange" crew discusses the morning's top attention-grabbing headlines, including a piece in the Wall Street Journal written by Treasury's Jack Lew about examining products and activities in the asset management industry.
U.S. lawmaker's race to pass a rescue bill to aid Puerto Rico has stalled as a perilous debt deadline approaches for the territory.
Japan's Finance Minister Taro Aso expressed deep concerns to U.S. Treasury Secretary Jack Lew over one-sided currency moves.
Japan and US agree on the importance of the G7 and G20 exchange-rate commitments.
CNBC's Seema Mody looks into the deals facing collapse with the new inversion rules laid out by the Treasury.
If new rules mean more transparency in the tax code, it's a welcome change, said Christine Lagarde, the IMF's managing director.
Treasury Secretary Jack Lew told CNBC: "Everyone who engages in business knows that it's subject to changes in law or in ruling."
Sara Eisen sits down with Treasury Secretary Jack Lew for an exclusive interview discussing the latest inversion rule, agenda during IMF world bank meeting, on Puerto Rico and the new $10 bill.
BlackRock CEO Larry Fink shares his thoughts on the Treasury's new tax inversion rules and tax reform.
U.S. Treasury Secretary Jack Lew responds to company criticism on inversions with CNBC's Sara Eisen.