http://www.mail.com/people/45576-jacob-lew.html Mail.com - the best personalized free web-based Email en en http://sec-s.uicdn.com/mail.com/2.28/img/mailcom_logo_rss.png http://www.mail.com/people/45576-jacob-lew.html http://www.mail.com/business/finance/2089492-obama-picks-budget-official-to-troubled-irs.html WASHINGTON (AP) — President Barack Obama picked a senior White House budget official to become the acting head of the Internal Revenue Service on Thursday, the same day another top official announced plans to leave the agency amid the controversy over agents targeting tea party groups. Obama named longtime civil servant Daniel Werfel as the acting IRS com... Fri, 17 May 2013 02:04:42 GMT http://www.mail.com/business/finance/2089492-obama-picks-budget-official-to-troubled-irs.html 2013-05-17T02:04:42Z http://www.mail.com/business/finance/2091336-ap-source-obama-to-tap-werfel-acting-irs-head.html WASHINGTON (AP) — President Barack Obama will appoint senior White House budget officer Daniel Werfel to be acting commissioner of the Internal Revenue Service, a White House official says. Werfel will replace Steven Miller, ousted Wednesday amid revelations that the IRS improperly singled out conservative groups for special scrutiny. The 42-year-old Werf... Thu, 16 May 2013 19:04:09 GMT http://www.mail.com/business/finance/2091336-ap-source-obama-to-tap-werfel-acting-irs-head.html 2013-05-16T19:04:09Z http://www.mail.com/business/finance/2087680-irs-commissioner-ousted-tea-party-targeting.html WASHINGTON (AP) — Hurrying to check a growing controversy, President Barack Obama ousted the acting commissioner of the Internal Revenue Service late Wednesday amid an outcry over revelations that the agency had improperly targeted tea party groups for scrutiny when they filed for tax-exempt status. Obama said Treasury Secretary Jacob Lew had asked for an... Wed, 15 May 2013 23:53:10 GMT http://www.mail.com/business/finance/2087680-irs-commissioner-ousted-tea-party-targeting.html 2013-05-15T23:53:10Z http://www.mail.com/business/economy/2078772-g7-japan-playing-currency-rules.html AYLESBURY, England (AP) — Finance leaders from the Group of Seven leading industrial economies say Japan's stimulus policies are directed at boosting its economy out of a two-decade period of stagnation, not an attempt to drive down its currency to make Japan's exports more competitive. At the conclusion of a two-day meeting of leading financial represent... Sat, 11 May 2013 19:45:07 GMT http://www.mail.com/business/economy/2078772-g7-japan-playing-currency-rules.html 2013-05-11T19:45:07Z http://www.mail.com/news/world/2076208-yen-focus-g-7-discusses-nurturing-recovery.html AYLESBURY, England (AP) — Financial leaders from the world's top seven developed economies are gathering in the U.K. to discuss how to shore up the global recovery just as the stimulus measures of one its members, Japan, has caused its currency to take a dramatic slide. Supporting the global economy and the role of central banks are set to be the key poin... Fri, 10 May 2013 20:39:46 GMT http://www.mail.com/news/world/2076208-yen-focus-g-7-discusses-nurturing-recovery.html 2013-05-10T20:39:46Z http://www.mail.com/business/finance/2077294-april-surplus-113b-lowers-us-budget-deficit.html WASHINGTON (AP) — The U.S. government reported a rare surplus of $113 billion for April — the largest in five years and a sign of the nation's improving finances. Steady economic growth and higher tax rates have boosted the tax revenue in recent months, keeping this year's annual budget deficit on pace to be the smallest since 2008. A smaller deficit is a... Fri, 10 May 2013 20:31:41 GMT http://www.mail.com/business/finance/2077294-april-surplus-113b-lowers-us-budget-deficit.html 2013-05-10T20:31:41Z http://www.mail.com/business/finance/2069924-treasury-secretarys-loopy-signature-improving.html WASHINGTON (AP) — Treasury Secretary Jacob Lew may not have succeeded yet in getting a grand budget bargain with Congress, but at least his handwriting is improving. And it is expected to be even better when the time comes for him to affix his "Jacob Lew" to the nation's currency. Lew's handwriting was so bad before that it even drew presidential notice. ... Wed, 08 May 2013 01:16:16 GMT http://www.mail.com/business/finance/2069924-treasury-secretarys-loopy-signature-improving.html 2013-05-08T01:16:16Z http://www.mail.com/business/finance/2055724-congressman-lobbyist-housing-fcc-nods.html WASHINGTON (AP) — President Barack Obama acted Wednesday to fill two top regulatory posts, tapping a veteran Democratic congressman to lead the Federal Housing Finance Agency at a pivotal time for the housing market and naming a top campaign fundraiser and former lobbyist to head the Federal Communications Commission. Rep. Melvin Watt, D-N.C., would overs... Wed, 01 May 2013 21:43:33 GMT http://www.mail.com/business/finance/2055724-congressman-lobbyist-housing-fcc-nods.html 2013-05-01T21:43:33Z http://www.mail.com/business/economy/2032998-world-finance-leaders-issue-sober-assessment.html WASHINGTON (AP) — World finance leaders issued a somber assessment on Saturday of the global economy, saying the recovery remains uneven with growth and jobs in short supply. The steering committee for the 188-nation International Monetary Fund issued a final communique that called for decisive action to bolster growth. However, the major economies remain... Sat, 20 Apr 2013 22:26:30 GMT http://www.mail.com/business/economy/2032998-world-finance-leaders-issue-sober-assessment.html 2013-04-20T22:26:30Z http://www.mail.com/business/finance/2030442-g-20-countries-pledge-stronger-efforts.html WASHINGTON (AP) — World finance leaders are pledging to pursue further actions to bolster a disappointingly weak global recovery. They also reaffirmed their commitment to avoid using their currencies as an economic weapon to gain unfair advantage in foreign trade. Finance ministers and central bank presidents from the leading rich and developing nations, ... Fri, 19 Apr 2013 22:04:27 GMT http://www.mail.com/business/finance/2030442-g-20-countries-pledge-stronger-efforts.html 2013-04-19T22:04:27Z http://www.mail.com/business/economy/2030514-japan-pm-lays-steps-growth-revival.html TOKYO (AP) — Prime Minister Shinzo Abe outlined the next steps of his grand plan for restoring Japan's economic power in a news conference Friday, naming a slew of initiatives he said would help awaken the country's "sleeping opportunities." Japan's future growth will depend on further opening the economy and tapping the underutilized potential of its wom... Fri, 19 Apr 2013 10:08:26 GMT http://www.mail.com/business/economy/2030514-japan-pm-lays-steps-growth-revival.html 2013-04-19T10:08:26Z http://www.mail.com/business/economy/2028896-imf-chief-global-pro-growth-policies-needed.html WASHINGTON (AP) — The head of the International Monetary Fund says the United States, Europe, Japan and China all need to make adjustments to their current economic policies in order to boost a still-struggling global economy. IMF Managing Director Christine Lagarde says the United States and many countries in Europe need to focus more on growth and less ... Thu, 18 Apr 2013 23:57:15 GMT http://www.mail.com/business/economy/2028896-imf-chief-global-pro-growth-policies-needed.html 2013-04-18T23:57:15Z http://www.mail.com/business/economy/2026490-lew-calls-europe-to-pursue-pro-growth-policies.html WASHINGTON (AP) — Treasury Secretary Jacob Lew called on European leaders to pursue pro-growth policies in the short term rather than trim their budget deficits, noting that the U.S. economy is "inextricably tied" to the health of its global partners. Lew's comments were delivered Wednesday in a speech at Johns Hopkins University School of Advanced Intern... Wed, 17 Apr 2013 21:59:21 GMT http://www.mail.com/business/economy/2026490-lew-calls-europe-to-pursue-pro-growth-policies.html 2013-04-17T21:59:21Z http://www.mail.com/business/finance/2016558-us-declines-to-label-china-currency-manipulator.html WASHINGTON (AP) — The Obama administration on Friday declined to label China a currency manipulator, although it said that China's currency remains significantly undervalued. The decision came in a twice-a-year Treasury report on whether any nations are manipulating their currencies to gain trade advantages. The report noted that China has allowed its cur... Fri, 12 Apr 2013 23:11:56 GMT http://www.mail.com/business/finance/2016558-us-declines-to-label-china-currency-manipulator.html 2013-04-12T23:11:56Z http://www.mail.com/business/finance/2015740-treasury-secretary-lew-meets-with-boehner-pelosi.html WASHINGTON (AP) — Treasury Secretary Jack Lew is meeting on Capitol Hill Friday with House Speaker John Boehner and House Minority Leader Nancy Pelosi. The Treasury Department says Lew is updating the House leaders separately on the state of the economy, both in the U.S. and abroad. Lew returned recently from trips to Europe and China. While in Europe, he... Fri, 12 Apr 2013 14:51:09 GMT http://www.mail.com/business/finance/2015740-treasury-secretary-lew-meets-with-boehner-pelosi.html 2013-04-12T14:51:09Z http://www.mail.com/business/finance/2013104-lew-budget-deal-with-congress-reached.html WASHINGTON (AP) — Treasury Secretary Jacob Lew told Congress on Thursday that the Obama administration is optimistic about a budget deal, but he urged lawmakers to consider concessions already made in President Barack Obama's $3.8 trillion spending request. In testimony before House and Senate committees, Lew said that the budget request put forward Wedne... Thu, 11 Apr 2013 21:30:43 GMT http://www.mail.com/business/finance/2013104-lew-budget-deal-with-congress-reached.html 2013-04-11T21:30:43Z http://www.mail.com/business/finance/2009134-obama-budget-hit-left-alike.html WASHINGTON (AP) — Even before it is unveiled, President Barack Obama's new budget is opening to poor reviews from liberal allies entrenched in their opposition to shaving benefit programs and GOP opponents equally opposed to new tax increases. The double-edged criticism comes even though the plan reprises a framework that once held the promise of a long-sought "grand bargain... Tue, 09 Apr 2013 20:50:38 GMT http://www.mail.com/business/finance/2009134-obama-budget-hit-left-alike.html 2013-04-09T20:50:38Z http://www.mail.com/business/economy/2007600-us-german-finance-chiefs-downplay-differences.html BERLIN (AP) — Germany's finance minister insisted Tuesday that reducing deficits should not hurt economic growth, sticking by his strategy to tackle Europe's crisis despite the new U.S. Treasury secretary's call to boost demand more. Germany, which has Europe's biggest economy, has been a major force in making austerity-led deficit reduction the focus of ... Tue, 09 Apr 2013 16:20:53 GMT http://www.mail.com/business/economy/2007600-us-german-finance-chiefs-downplay-differences.html 2013-04-09T16:20:53Z http://www.mail.com/business/economy/2004796-us-treasury-chief-urges-eu-to-ease-austerity.html BRUSSELS (AP) — European countries should ease off their austerity and adopt more growth-friendly policies, U.S. Treasury Secretary Jacob Lew said Monday as he kicked off a series of meetings with the region's top leaders. America's biggest trading partner and the world's largest economic bloc has entered the fourth year of a debt crisis, which has plunge... Mon, 08 Apr 2013 18:15:41 GMT http://www.mail.com/business/economy/2004796-us-treasury-chief-urges-eu-to-ease-austerity.html 2013-04-08T18:15:41Z http://www.mail.com/business/economy/2000276-us-trade-deficit-narrows-to-43b-february.html WASHINGTON (AP) — The U.S. trade deficit unexpectedly narrowed in February as exports climbed close to an all-time high and the volume of imported crude oil fell to the lowest level in 17 years. The gap between exports and imports shrank to $43 billion in February, down 3.4 percent from January's revised $44.5 billion, the Commerce Department said Friday.... Fri, 05 Apr 2013 13:19:31 GMT http://www.mail.com/business/economy/2000276-us-trade-deficit-narrows-to-43b-february.html 2013-04-05T13:19:31Z http://www.mail.com/business/finance/1998576-obama-kerry-to-donate-salary.html WASHINGTON (AP) — Three Cabinet secretaries became the latest senior administration officials to give back part of their salaries, in the spirit of government spending cuts. The announcements that Secretary of State John Kerry, the richest Cabinet member, Secretary of Homeland Security Janet Napolitano and Treasury Secretary Jacob Lew will voluntarily red... Thu, 04 Apr 2013 23:33:00 GMT http://www.mail.com/business/finance/1998576-obama-kerry-to-donate-salary.html 2013-04-04T23:33:00Z http://www.mail.com/business/finance/1982934-us-swipes-china-hacking-allegations.html WASHINGTON (AP) — The U.S. has taken its first real swipe at China following accusations that the Beijing government is behind a widespread and systemic hacking campaign targeting U.S. businesses. Buried in a spending bill signed by President Barack Obama on Tuesday is a provision that effectively bars much of the federal government from buying informatio... Wed, 27 Mar 2013 22:25:29 GMT http://www.mail.com/business/finance/1982934-us-swipes-china-hacking-allegations.html 2013-03-27T22:25:29Z http://www.mail.com/news/politics/1964306-lew-visit-marks-us-china-re-engagement.html BEIJING (AP) — The U.S. and China have begun to re-engage on knotty issues ranging from economic frictions to North Korea's nuclear program following a months-long hiatus during President Barack Obama's re-election and China's installation of new leaders. Chinese President Xi Jinping met Tuesday with visiting U.S. Treasury Secretary Jacob Lew in the first... Wed, 20 Mar 2013 03:52:51 GMT http://www.mail.com/news/politics/1964306-lew-visit-marks-us-china-re-engagement.html 2013-03-20T03:52:51Z http://www.mail.com/business/finance/1956164-lew-hopeful-reaching-budget-breakthrough.html WASHINGTON (AP) — Treasury 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. Lew said Obama has been "deeply engaged over the past week in trying to open the door for conver... Fri, 15 Mar 2013 01:48:14 GMT http://www.mail.com/business/finance/1956164-lew-hopeful-reaching-budget-breakthrough.html 2013-03-15T01:48:14Z http://www.mail.com/news/us/1955212-lew-to-meet-with-chinese-leaders-beijing.html WASHINGTON (AP) — Jacob Lew will travel to China next week for his first overseas trip as U.S. Treasury secretary, underscoring the importance of the nations' economic relationship. Lew will meet with officials in President Xi Jinping's administration on Tuesday and Wednesday, the Treasury Department said Thursday. On Thursday, Xi capped his rise to China... Thu, 14 Mar 2013 19:04:31 GMT http://www.mail.com/news/us/1955212-lew-to-meet-with-chinese-leaders-beijing.html 2013-03-14T19:04:31Z http://www.mail.com/news/politics/1955110-obama-offers-congrats-call-to-chinese-president.html WASHINGTON (AP) — President Barack Obama made a congratulatory phone call to the new Chinese president and raised thorny issues of North Korea and cybersecurity. The White House says Obama spoke to Xi Jingping Thursday as the Communist Party leader was elevated to the presidency. Xi takes over for Hu Jintao, China's president for the past decade. A White ... Thu, 14 Mar 2013 18:27:18 GMT http://www.mail.com/news/politics/1955110-obama-offers-congrats-call-to-chinese-president.html 2013-03-14T18:27:18Z http://www.mail.com/entertainment/lifestyle/1954916-geithner-book-deal-release-scheduled-2014.html NEW YORK (AP) — Former Treasury Secretary Timothy Geithner has a book deal. Geithner has an agreement with Crown Publishers, an imprint of Random House, Inc. Crown announced Thursday that Geithner's book, currently untitled, is scheduled for 2014 and will provide a "behind-the-scenes" account of the financial crisis. Few Treasury secre... Thu, 14 Mar 2013 17:06:45 GMT http://www.mail.com/entertainment/lifestyle/1954916-geithner-book-deal-release-scheduled-2014.html 2013-03-14T17:06:45Z http://www.mail.com/business/finance/1921002-lew-set-to-start-treasury-budget-cuts-loom.html WASHINGTON (AP) — Jacob Lew is scheduled to be sworn in Thursday as Treasury secretary and will have to hit the ground running. He is taking over the job just a day before huge automatic government spending cuts are set to take effect. He's likely to be involved with any negotiations to reverse the cuts, and also in budget talks next month to continue fun... Thu, 28 Feb 2013 09:03:14 GMT http://www.mail.com/business/finance/1921002-lew-set-to-start-treasury-budget-cuts-loom.html 2013-02-28T09:03:14Z