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>> JACK LEW Latest News

FEB 03, 2016 - Yahoo! News

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U.S. Treasury Secretary urges China to communicate FX policy clearly

U.S. Treasury Secretary Jack Lew reiterated to China the importance of transitioning to a market-determined exchange rate in an orderly and transparent way, the Treasury said on Wednesday. During a phone call with Chinese Vice Premier Wang Yang on Tuesday evening, Lew also urged Beijing to clearly communicate its exchange rate policies and actions to financial markets, the Treasury said ...

Tags: U.S. Treasury Secretary urges China to communicate FX policy clearly,  Jack Lew Latest News

FEB 01, 2016 - MarketWatch

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Treasury can prioritize principal, interest payments, House committee says

WASHINGTON (MarketWatch) -- The U.S. Treasury does have the capability to prioritize principal and interest payments, the House Financial Services Committee said Monday, citing documents they subpoenaed which the Republicans say contradicts the testimony of Treasury Sec. Jack Lew and other White House officials. According to the committee, the New York Fed has run simulations since at least March 2011. ...

Tags: Treasury can prioritize principal, interest payments, House committee says,  Jack Lew Latest News

JAN 28, 2016 - Zero Hedge

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What If Obama Believed In Individual Liberty & Free Markets?

Submitted by Richard Ebeling via EpicTimes.com, President Barack Obama delivered his final State of the Union address on January 12, 2016, and devoted most of the time to defending his “legacy” of bigger and more intrusive government, with an emphasis on the other aspects of personal and social life he wished could come under the blanket of more political paternalism, ...

Tags: What If Obama Believed In Individual Liberty & Free Markets?,  Jack Lew Latest News

JAN 24, 2016 - Business Insider

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Some of the smartest minds in finance are making a prediction about China that was once taboo

It was once taboo to say that China could be a deflationary force, dragging the world into a slowdown as its own economy modernized. Serious economists and investors poo-poo'd the idea, saying that China's economy just didn't have that kind of global impact. Just last weekend in a note to clients, Deutsche Bank's Torsten Slok said the idea was overblown. But ...

Tags: Some of the smartest minds in finance are making a prediction about China that was once taboo,  Jack Lew Latest News