May 29, 2015

Volatile forex movements undesirable, Aso, Lew agree

The Japanese and U.S. finance chiefs agreed Thursday that volatile movements in foreign exchange markets are undesirable in the wake of the recent fall of the yen’s value against the dollar to a 12½-year low. Finance Minister Taro Aso told reporters after meeting with ...

Feb 10, 2015

Japan, U.S. finance ministers discuss forex

U.S. Treasury Secretary Jack Lew and Finance Minister Taro Aso on Monday reaffirmed the importance of ensuring monetary policy is not aimed at manipulating exchange rates, the U.S. government said. The Group of Seven (G-7) finance chiefs in the past agreed monetary measures should ...

Nov 12, 2014

U.S. urges IMF to cancel debt of Ebola-stricken countries

The United States on Tuesday proposed that the International Monetary Fund write off some $100 million in debt it is owed by Guinea, Liberia and Sierra Leone to free up more resources for those countries, the hardest hit by the Ebola outbreak. The debt ...

Apr 10, 2014

Lew urges Tokyo to prep for slowdown after tax hike

U.S. Treasury Secretary Jack Lew urged Japan Wednesday to compile another stimulus package or take other measures if signs of an economic slowdown emerge from the recent consumption tax hike. “The value-added tax is something that obviously has the potential to slow the economy,” ...

Feb 19, 2014

Japan's domestic demand worries U.S.

U.S. Treasury Secretary Jack Lew expresses concern about the future of the Japanese economy, saying the outlook for internal demand as a driving force is “clouded.”

U.S. urged to soften stance on farm tariffs

Nov 12, 2013

U.S. urged to soften stance on farm tariffs

Akira Amari, the minister for the Trans-Pacific Partnership free trade negotiations, told U.S. Treasury Secretary Jack Lew on Tuesday that Washington needs to recognize the importance to Tokyo of retaining tariffs on key agricultural products. Amari told reporters he explained to Lew in their ...

U.S. Treasury chief 'fixes' unusual signature scribble

Jun 20, 2013

U.S. Treasury chief 'fixes' unusual signature scribble

Jack Lew was the senior budget adviser to Presidents Barack Obama and Bill Clinton. He was Obama’s chief of staff. Now he is Treasury secretary. But his most remarked-upon trait was his unusual signature, a series of eight connected loops that looked more like ...