Obama To Call For 'Economic Patriotism' In Effort To Limit US Company Mergers AbroadPresident Barack Obama is tapping into growing misgivings about tax-driven overseas mergers by U.S. corporations, issuing a new call to end the practice quickly and questioning the patriotism and citizenship of those companies.
Lew Threatens Russian Finance Minister With 'Additional Significant Sanctions'Treasury Secretary Jacob Lew is warning Russia that it could face tougher economic sanctions because of its actions in Ukraine but so far other economic powers are showing a reluctance to go as far as the United States.
McConnell: Obamacare Website 'Like A Trip To The Department Of Motor Vehicles'"A visit to the website is kind of like a trip to the Department of Motor Vehicles in your state. ... We're going to do everything we can in the future to try to repeal it. But that requires a Republican Senate and a different president." — Senate Republican leader Mitch McConnell of Kentucky, on CBS' "Face the Nation."
Treasury's Lew: 'Scary' Budget Fight 'Can't Happen Again'Treasury Secretary Jacob Lew says the just-resolved budget fight was "a little bit scary" because it "got close to the edge," and the lesson has to be that U.S. won't be put in that position again.
Study: US Could Default As Early As Oct. 18A new study predicts the United States could default on its obligations as early as Oct. 18 if Washington fails to agree on legislation to raise the government's borrowing cap.
Federal Lawsuit Filed Against IRS, Holder On Behalf Of 25 Tea Party GroupsThe American Center for Law and Justice has filed a lawsuit on behalf of 25 conservative organizations in federal court. The lawsuit accuses Attorney General Eric Holder, Treasury Secretary Jack Lew and the IRS of targeting Tea Party groups in a “pervasive” and “organized scheme.”
Lew Tells China Cyber Attacks 'Very Serious Threat To Our Economic Interests'U.S. Treasury Secretary Jacob Lew pressed Chinese leaders over computer hacking and for help with North Korea during two days of talks that ended Wednesday.
Lew: Too Early To Say What Sequester Agreement Might EntailTreasury Secretary Jacob Lew said Thursday that he is optimistic that President Barack Obama will be able to reach an agreement with Republicans in Congress to break a budget impasse that's triggered across-the-board government spending cuts.