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>> JACK LEW Latest News

DEC 12, 2014 - Mother Jones

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Citigroup Wrote the Wall Street Giveaway The House Just Approved

Update Friday, December 12, 2014: On Thursday night, the House passed the spending bill with the Citigroup-written provision. The Senate is expected to approve the legislation. A year ago, Mother Jones reported that a House bill that would allow banks like Citigroup to do more high-risk trading with taxpayer-backed money was written almost entirely by Citigroup lobbyists. The bill passed ...

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DEC 11, 2014 - Yahoo! News

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Obama administration says cheap oil helping U.S. economy

WASHINGTON (Reuters) - The Obama administration said on Thursday that falling oil prices are helping the U.S. economy and are unlikely to lead to a reduction in production at the country's shale oil fields. "Lower oil prices are like a tax cut for the economy so in terms of the macroeconomic impact it's net a positive," Treasury Secretary Jack Lew ...

Tags: Obama administration says cheap oil helping U.S. economy,  Jack Lew Latest News

DEC 10, 2014 - Mother Jones

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Citigroup Wrote the Wall Street Giveaway Congress Just Snuck Into a Must-Pass Spending Bill

A year ago, Mother Jones reported that a House bill that would allow banks like Citigroup to do more high-risk trading with taxpayer-backed money was written almost entirely by Citigroup lobbyists. The bill passed the House in October 2013, but the Senate never voted on it. For months, it was all but dead. Yet on Tuesday night, the Citi-written bill ...

Tags: Citigroup Wrote the Wall Street Giveaway Congress Just Snuck Into a Must-Pass Spending Bill,  Jack Lew Latest News

DEC 09, 2014 - Reuters

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U.S. Treasury's Lew urges terrorism insurance renewal

WASHINGTON (Reuters) - U.S. Treasury Secretary Jack Lew on Tuesday called on lawmakers to reauthorize a federal terrorism insurance program, saying they should not tie its approval to consideration of proposed changes to unrelated Wall Street reforms.

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DEC 09, 2014 - Reuters

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U.S. Treasury's Lew calls for terrorism insurance program renewal

WASHINGTON (Reuters) - U.S. Treasury Secretary Jack Lew on Tuesday said lawmakers should not delay reauthorization of a federal terrorism insurance program over disagreements on "unrelated financial regulatory issues."

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