Lew tells Aso currency devaluation war should be avoided

Jul 23, 2016

Lew tells Aso currency devaluation war should be avoided

U.S. Treasury Secretary Jack Lew stressed the importance of avoiding competitive currency devaluations in a meeting with Finance Minister Taro Aso in Chengdu, China, on Saturday, according to U.S. Treasury officials. Lew drove home the point by calling attention to the Group of 20 ...

Obama to China: Take action to 'cool' cyber, maritime tensions

/ Jun 25, 2015

Obama to China: Take action to 'cool' cyber, maritime tensions

U.S. President Barack Obama urged Beijing to take “concrete steps” to ease tensions over cyberintrusions and maritime claims, as America and China wrapped up three days of candid talks. American officials have voiced deep concerns about both issues at the annual strategic and economic ...

/ 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,” ...

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 ...