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Trump administration

26 Apr 2017

Trump to unveil tax reform, cut corporate rate to 15%

The Trump administration is poised to unveil its long-awaited tax reform plan Wednesday that will slash corporate taxes to 15 percent, in the "biggest tax cut" in US history.

17 Nov 2016

JPMorgan CEO Jamie Dimon may be headed to US Treasury

JPMorgan Chase & Co Chief Executive Jamie Dimon may still be in the running to become U.S. Treasury secretary, Fox Business Network reporters said on Wednesday, casting a cloud of uncertainty over the nation`s largest bank.

UN adopts resolution

17 Dec 2015

UN unanimously adopts resolution targeting IS finances

The UN resolution adopted yesterday calls on governments to ensure they have adopted laws that make the financing of IS and of foreign fighters who join its ranks a serious criminal offence.

10 Oct 2015

Lew asks US Congress to approve IMF quota reform

US Treasury Secretary Jack Lew has asked the Republican-controlled Congress to pass the IMF quota reform to give emerging markets a bigger say at the global lender.

US Treasury Department

02 Oct 2015

US govt to run out of borrowed money on Nov 5: Treasury

On November 5, the Treasury would be left to fund the government with less than USD30 billion. This amount would be far short of net expenditures on certain days which can be as high as USD60 billion, Treasury Secretary Jacob Lew said in a letter to Congress.

05 Sep 2015

US asks China to fast-track reforms, refrain from devaluation

As the world leaders expressed concern here over slowdown in China dragging down the global economic growth, the US Treasury Secretary Jacob Lew has told his Chinese counterpart to ensure that the currency is allowed to move freely as per market forces.

04 Sep 2015

US tells China at G20 to avoid 'competitive devaluation'

US Treasury Secretary Jacob Lew on Friday told his Chinese counterpart at a G20 meeting in Ankara to avoid competitive devaluation and improve communication of Beijing`s economic policy.

10 Jun 2015

Arun Jaitley to visit US; to meet Jacob Lew, foreign investors

Finance Minister Arun Jaitley will embark on a 10-day US visit beginning June 16 during which he will meet Treasury Secretary, foreign institutional investors and industry leaders.

US Treasury Secretary

14 Feb 2015

US urges Greece debt negotiators to 'set aside rhetoric'

US Treasury Secretary Jacob Lew has urged all sides in Greece debt talks to focus on finding a solution to the crisis that risks pushing the eurozone country into default.

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