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>> JACK LEW Latest News

JAN 22, 2015 - Huffington Post

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Jack Lew Says Congress Should Turn Efforts Toward Business Taxes

WASHINGTON (AP) — Treasury Secretary Jacob Lew dismissed efforts in Congress to overhaul the nation's tax laws by lowering the top income tax rate paid by individuals, saying lawmakers should instead focus on simplifying taxes paid by businesses. Lew said Democrats and Republicans are far apart on how much wealthy individuals should pay in federal income taxes. He said there ...

Tags: Jack Lew Says Congress Should Turn Efforts Toward Business Taxes,  Jack Lew Latest News

JAN 15, 2015 - New Statesman

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Balls challenges Cameron with warning of US anxiety over EU withdrawal

Shadow chancellor uses his own US trip to warn that Washington is asking "Why is David Cameron proposing to take such big risks with Britain's economic future?" Ed Balls speaks at the Labour conference in Brighton in 2013. Photograph: Getty Images. It's not just David Cameron who has headed stateswards - his great nemesis Ed Balls is also in Washington D.C. today. ...

Tags: Balls challenges Cameron with warning of US anxiety over EU withdrawal,  Jack Lew Latest News

JAN 12, 2015 - Huffington Post

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Elizabeth Warren, Progressives Sink Obama Treasury Nominee Antonio Weiss

WASHINGTON -- Wall Street banker Antonio Weiss has asked President Barack Obama not to renominate him to a top Treasury Department post because of the fight being waged against him by Sen. Elizabeth Warren (D-Mass.) and other Democrats. First reported by Politico, Weiss wrote to Obama over the weekend saying that he didn't think the Treasury Department "would be well ...

Tags: Elizabeth Warren, Progressives Sink Obama Treasury Nominee Antonio Weiss,  Jack Lew Latest News

JAN 12, 2015 - Huffington Post

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House Democrats Break With Obama By Calling For Wall Street Tax

WASHINGTON -- House Democrats on Monday unveiled a plan to cut taxes for middle-class families that would be paid for in part by a new tax on Wall Street trading. The proposal, laid out by Rep. Chris Van Hollen (D-Md.), the top-ranking Democrat on the House Budget Committee, represents a significant shift in economic policy and political messaging. In a ...

Tags: House Democrats Break With Obama By Calling For Wall Street Tax,  Jack Lew Latest News

JAN 07, 2015 - Huffington Post

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Democrats Knock Down GOP Bill To Delay Wall Street Reform

WASHINGTON -- House Democrats on Wednesday knocked down a GOP bill that would have delayed a key Wall Street reform known as the Volcker Rule, stunning Republican leaders who had expected it to pass with ease. House Minority Leader Nancy Pelosi (D-Calif.) pushed a critical bloc of Democrats who had previously supported similar measures into voting against the bill. Soon ...

Tags: Democrats Knock Down GOP Bill To Delay Wall Street Reform,  Jack Lew Latest News