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>> JACK LEW Latest News

2 HOURS AGO - Yahoo! News

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Yuan still undervalued: US Treasury secretary

The United States still believes China's yuan currency is undervalued, unlike the International Monetary Fund, US Treasury Secretary Jack Lew said Wednesday. "We continue to think it's undervalued," Lew said in a talk at the London School of Economics university. The IMF said Tuesday that the yuan, also known as the renminbi (RMB), was no longer undervalued.

Tags: Yuan still undervalued: US Treasury secretary,  Jack Lew Latest News

MAY 25, 2015 - Business Insider

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The new Greek government's honeymoon is over — and default is just round the corner

It looks like the honeymoon is definitely over for Greek Prime Minister Alexis Tsipras. The government is losing political support both internally and externally, its ministers are admitting that it won't be able to make its upcoming International Monetary Fund (IMF) payments, and opposition politicians fear capital controls will be brought in the upcoming bank holiday weekend. The country is ...

Tags: The new Greek government's honeymoon is over — and default is just round the corner,  Jack Lew Latest News

MAY 21, 2015 - Huffington Post

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Gutierrez: Obama And Congress Have 'A Responsibility' To Help Puerto Rico

WASHINGTON -- Rep. Luis Gutierrez (D-Ill.) said this week that the Obama administration is not doing enough to help the territory of Puerto Rico, home to 3.7 million U.S. citizens, as it enters its eighth year of a crippling economic recession. The problem: Puerto Rico’s political status as a U.S. territory makes it ineligible to receive many of the financial ...

Tags: Gutierrez: Obama And Congress Have 'A Responsibility' To Help Puerto Rico,  Jack Lew Latest News

MAY 19, 2015 - Yahoo! News

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Clinton and Treasury at odds over currency clause in trade bill

By Amanda Becker CEDAR FALLS, IOWA (Reuters) - Democratic U.S. presidential contender Hillary Clinton clashed with the White House on Tuesday saying she wants any trade legislation to address concerns over "currency manipulation," dealing a damaging blow to one of President Barack Obama's key policies for his second term. Soon after Clinton spoke on the campaign trail in Iowa, Treasury ...

Tags: Clinton and Treasury at odds over currency clause in trade bill,  Jack Lew Latest News

MAY 19, 2015 - Yahoo! News

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Senator says Lew's opposition won't derail currency measure

WASHINGTON (Reuters) - Republican U.S. Senator Rob Portman said on Tuesday that an attempt to include currency manipulation rules in a trade bill moving through Congress would not be derailed by negative comments about the measure from the Obama administration. Treasury Secretary Jack Lew said he would recommend that President Barack Obama veto any trade bill that contained the currency ...

Tags: Senator says Lew's opposition won't derail currency measure,  Jack Lew Latest News