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Treasury Secretary

Geithner Suggested Hillary Clinton As Possible Successor

AP | MARTIN CRUTSINGER | Posted 05.08.2014 | Politics

WASHINGTON (AP) — Timothy Geithner says in a new memoir that he considered stepping down as Treasury secretary in 2010 after the financial crisis an...

Treasury Secretary Jack Lew To Show 'Commitment' To Detroit

Reuters | Posted 06.21.2014 | Politics

WASHINGTON, April 21 (Reuters) - U.S. Treasury Secretary Jack Lew will visit bankrupt Detroit this week to highlight the Obama administration's "con...

Jack Lew's Prostate Surgery 'Went Well,' U.S. Treasury Says

Reuters | Posted 05.25.2014 | Politics

WASHINGTON, March 25 (Reuters) - U.S. Treasury Secretary Jack Lew's treatment for a benign enlarged prostate on Tuesday "went well and as planned," ...

Jack Lew To Undergo Treatment For Enlarged Prostate

Reuters | Posted 05.23.2014 | Politics

WASHINGTON, March 23 (Reuters) - U.S. Treasury Secretary Jack Lew will have an outpatient surgical procedure in New York on Tuesday for treatment of...

U.S. Government Getting A New Borrowing Cap

AP | ANDREW TAYLOR | Posted 02.07.2014 | Politics

WASHINGTON (AP) — The U.S. government is getting a new borrowing cap Friday, almost four months after Washington diffused October's government shutd...

Impact of Failure to Raise the Nation's Debt Limit

Sen. Jay Rockefeller | Posted 01.23.2014 | Politics
Sen. Jay Rockefeller

If my colleagues won't listen to my arguments for why we must not delay and vote to raise the debt ceiling, I do hope they listen to President Reagan.

Great Nations Pay Their Bills

Anthony W. Orlando | Posted 01.23.2014 | Politics
Anthony W. Orlando

Today's debate may be polarized, but no one seriously expects half the nation to secede because of it. And yet, in the early days of the American experiment, that's how controversial the national debt was.

Summers Out

Chris Weigant | Posted 11.16.2013 | Politics
Chris Weigant

Even after pointing out how Occupy fell short and how a little agreed-upon focus might have prolonged the movement and allowed it to grow strong, Occupy did succeed spectacularly at their basic goal: changing the American conversation about the economy.

Treasury Secretary Lew Makes a Great Point (And a Not-So-Great One Too)

Jared Bernstein | Posted 10.28.2013 | Business
Jared Bernstein

He was giving the White House talking point that "we won't negotiate over the debt ceiling" and Harwood was like, OK, but you will negotiate over the budget... why is it OK to negotiate over one but not the other?

Tim Geithner Gets A Book Deal

AP | HILLEL ITALIE | Posted 05.14.2013 | Business

NEW YORK — Former Treasury Secretary Timothy Geithner has a book deal. Geithner has an agreement with Crown Publishers, an imprint of Random Ho...

Why Did Dems Give Jack Lew a Pass?

The New Republic | ALEC MACGILLIS | Posted 03.01.2013 | Politics

While Washington was obsessing Wednesday over whether or not the oh-so-intimidating Gene Sperling had threatened Bob Woodward over his deeply misguide...

GOP Senator Miffed Over Obama Pick

Reuters | Posted 04.22.2013 | Politics

WASHINGTON, Feb 20 (Reuters) - A top Republican senator on Wednesday said he was unsatisfied with U.S. Treasury Secretary nominee Jack Lew's respons...

Lew Issues Dire Warning On Government's 'Self-Inflicted Wounds'

AP | MARTIN CRUTSINGER | Posted 04.15.2013 | Business

WASHINGTON — Jacob Lew, President Barack Obama's nominee for Treasury secretary, pledged to work with Congress on a comprehensive overhaul of th...

Jack Lew: Lowering Corporate Tax Rate A 'Challenge'

Reuters | Posted 04.15.2013 | Business

WASHINGTON, Feb 13 (Reuters) - Jack Lew, Obama's Treasury secretary nominee, said on Wednesday that it would be challenging to lower the corporate t...

8 Subjects Senators Should Bring Up at Jack Lew's Confirmation Hearing Today

Richard (RJ) Eskow | Posted 04.14.2013 | Politics
Richard (RJ) Eskow

Republican senators like Chuck Grassley may ask some excellent questions, but some of his colleagues are likely to be in attack mode. Here are eight lines of constructive senators should pursue, along with some specific questions for each of them.

Jack Lew Set To Be Grilled By Senate Panel

Reuters | Posted 04.15.2013 | Politics

* Obama's candidate expected to win Senate backing * Lew: Citigroup bonus was in line with others in industry ...

Obama's Treasury Pick Is About To Get Grilled

Reuters | Posted 04.12.2013 | Business

* Cayman Islands account also will be part of questioning * Confirmation expected but Republican support unclear * Confi...

Who Said That Treasury Secretaries Have to Come From Wall Street? How About Paul Krugman?

Mark Weisbrot | Posted 04.09.2013 | Politics
Mark Weisbrot

The renowned actor and human rights activist Danny Glover has launched a petition to the president for him to nominate Paul Krugman for secretary of the treasury. It's worth signing.

Paul Krugman on U.S. Treasury Secretary: "I Honestly Do Believe I'd Be Terrible At the Job"

92nd Street Y | Posted 03.31.2013 | Business
92nd Street Y

Nobel Prize-winning economist and NY Times columnist Paul Krugman spoke with MSNBC's Chris Hayes on January 27, 2013. In this clip, Krugman responds t...

Grading Geithner - and Waiting for Obama

Richard (RJ) Eskow | Posted 03.30.2013 | Politics
Richard (RJ) Eskow

Timothy Geithner was a true believer. He just believed in the wrong things. While Washington debates the deficit, the big banks are bigger than ever -- and nobody's paying attention.

Obama Treasury Pick Courts Senate Republicans

Reuters | Posted 03.25.2013 | Politics

By Rachelle Younglai and Anna Yukhananov WASHINGTON, Jan 23 (Reuters) - Senate Republicans on Wednesday offered encouraging words abou...

Damning Allegations Against Geithner Renewed

Reuters | Posted 03.21.2013 | Business

* Richmond Fed's Lacker resurrects 2007 allegation * Geithner said in 2007 that claim was not accurate * U.S. Treasury d...

Lincoln's Inaugural Counsel: Appointment Resolve for Obama's Road Forward

Victor Williams | Posted 01.16.2013 | Politics
Victor Williams

Lincoln boldly appointed all the officials and judges needed to preserve a functioning national government. Abraham Lincoln thus signed hundreds of recess commissions.

Zach Carter

Top Progressive Economist Defends Jack Lew As Treasury Pick

HuffingtonPost.com | Zach Carter | Posted 01.16.2013 | Politics

WASHINGTON -- Only a few senators have publicly announced opposition to Jack Lew's nomination for Treasury secretary, and the staunchest resistance ha...

Zany GOP Origins of the Trillion Dollar Coin

John Tepper Marlin | Posted 03.18.2013 | Business
John Tepper Marlin

If the U.S. Treasury issues a trillion-dollar palladium coin and then sells it to the Federal Reserve System or deposits it as cash, maybe the debt ceiling would be legally bypassed via the Treasury's authority to issue collectible coins.