CNBC Exclusive: CNBC Excerpt: U.S. Treasury Secretary Jacob Lew Speaks with CNBC's Steve Liesman
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.
About CNBC:
With CNBC in the U.S., CNBC in Asia Pacific, CNBC in Europe, Middle East and Africa, CNBC World and CNBC HD , CNBC is the recognized world leader in business news and provides real-time financial market coverage and business information to approximately 371 million homes worldwide, including more than 100 million households in the United States and Canada. CNBC also provides daily business updates to 400 million households across China. The network's 15 live hours a day of business programming in North America (weekdays from 4:00 a.m. - 7:00 p.m. ET) is produced at CNBC's global headquarters in Englewood Cliffs, N.J., and includes reports from CNBC News bureaus worldwide. CNBC at night features a mix of new reality programming, CNBC's highly successful series produced exclusively for CNBC and a number of distinctive in-house documentaries.
CNBC also has a vast portfolio of digital products which deliver real-time financial market news and information across a variety of platforms. These include CNBC.com, the online destination for global business; CNBC PRO, the premium, integrated desktop/mobile service that provides real-time global market data and live access to CNBC global programming; and a suite of CNBC Mobile products including the CNBC Real-Time iPhone and iPad Apps.
Members of the media can receive more information about CNBC and its programming on the NBC Universal Media Village Web site at http://www.nbcumv.com/mediavillage/networks/cnbc/.