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>> JACK LEW Latest News

MAY 09, 2016 - NPR

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Treasury Secretary Jack Lew Visits Puerto Rico Amid Debt Crisis

Treasury Secretary Jack Lew is in Puerto Rico to highlight the need for Congressional action to help the island restructure its $70 billion debt. Lew is getting a first-hand look at some of the problems the government is facing, including underfunded schools and hospitals plus an emerging Zika crisis.

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MAY 09, 2016 - USA Today

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Treasury Secretary tours Puerto Rico, backs debt plan

U.S. Treasury Secretary Jack Lew warned Monday that Puerto Rico will descend into debt-fueled chaos without a massive financial restructuring of the island’s more than $70 billion debt.        

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MAY 09, 2016 - USA Today

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Treasury Secretary tours Puerto Rico, backs bailout

U.S. Treasury Secretary Jack Lew warned Monday that Puerto Rico will descend into debt-fueled chaos without a massive financial restructuring of the island’s more than $70 billion debt.        

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MAY 09, 2016 - Forbes

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Panama Papers Go Online As Obama Pushes Global Tax Transparency

President Obama and his Treasury Department are pushing the Panama Papers, taking executive action on new transparency and tax evasion rules. But in view of limits on executive action, the Obama administration is also asking Congress for help in passing legislation, and asking the Senate to approve a number of pending tax treaties. Treasury Secretary Jack Lew has written this letter asking for ...

Tags: Panama Papers Go Online As Obama Pushes Global Tax Transparency,  Jack Lew Latest News

MAY 06, 2016 - Zero Hedge

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Treasury Introduces New Rules To Stop Tax Evasion, Kind Of

In the wake of the Panama Papers being released, the U.S.Treasury announced that it will use existing powers in order to make two rule changes that are intended to stop tax evasion. First, in a rule which amends the US Bank Secrecy Act, the Treasury said it will require financial institutions to verify the identity of the real people, or ...

Tags: Treasury Introduces New Rules To Stop Tax Evasion, Kind Of,  Jack Lew Latest News