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CNBC Exclusive: CNBC Excerpt: U.S. Treasury Secretary Jacob Lew Speaks with CNBC's Steve Liesman

WHEN: Today, Wednesday, September 2nd

WHERE: CNBC's "Closing Bell"

Following is an excerpt from the unofficial transcript of a CNBC EXCLUSIVE interview with CNBC's Steve Liesman and United States Secretary of the Treasury Jacob Lew. The full interview will air tomorrow, Thursday, September 3rd at 6AM ET on CNBC's "Squawk Box." Transcript to follow the full interview tomorrow, Thursday, September 3rd.

All references must be sourced to CNBC.

LEW ON CHINA

There's an economic and a political reality to things like exchange rates. And they need to understand that they signal their intentions by the actions they take and the way they announce them. And they have to be very clear that they are continuing to move in a positive direction and we are going to hold them accountable.


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