Jack Lew

Wrong for overseas authorities to 'reach into our tax base': Lew

But during an interview at CNBC/Institutional Investor's Delivering Alpha conference, he acknowledged that the corporate tax overhaul "probably" won't happen during the remaining months of the Obama administration.

Brexit not the making of another financial crisis: Jack Lew

US Treasury Secretary Jack Lew told CNBC on Monday the global market turmoil from Britain's vote to leave the European Union doesn't look like the makings of another financial crisis.

US launches crackdown on tax evasion after Panama Papers leak

The announcement follows a month of intense scrutiny after the release to media organisations of more than 11 million leaked documents detailing the global offshore industry.

IMF report urges G20 to prepare global economic stimulus plan

The report was prepared for senior G20 officials who are meeting in Shanghai later this week amid falling equity markets, volatile currencies and signs of economic weakness throughout the world.

US Treasury Sec Lew: China needs to stick to reform plan

China has announced the right economic policies and can have a soft landing â€” "level off at a rate of growth that's sustainable" â€” if Beijing sticks to its script, Treasury Secretary Jack Lew said Thursday.

G-20: Ultra-low rates not enough to boost global growth

They also said they were confident growth would pick up and, as a result, interest rates in "some advanced economies" -- code for the United States -- would have to rise.

Saudi Arabia reassures on oil prices: Strategist

Saudi Arabia remains the world's largest oil exporter, and it has committed to pumping crude freely despite a recent price decline.

Why China fears are overblown: Stephen Roach

Growth in China has slowed, Roach acknowledged in a CNBC "Squawk Box" interview, "but it's not going in for a crash â€¦ and that will present, I think, an opportunity for shares to re-evaluate the China threat, big time."

Japan finmin says yen rises 'rough,' undesirable for eco

Aso said that while there was no immediate plan for G20 and G7 nations to take coordinated action against the current markets turmoil, global financial authorities were in frequent contact with each other on market developments.

Critics of Iran deal spinning 'fantasy' : John Kerry

US Secretary of State John Kerry on Thursday mounted a furious counterattack against critics of the Iran nuclear deal, telling sceptical lawmakers it would be fantasy to think the United States could simply "bomb away" Tehran's atomic know-how.

China bans big shareholders from cutting stakes for 6 mnths

As the daily drumbeat of official announcements aimed at propping up the sinking equity market continued, state news agency Xinhua said police would investigate "malicious" short selling of stocks, and the banking regulator said it would allow lenders to roll over loans backed by stocks.

Obama administration urges Europe to avoid a Greek meltdown

US Treasury Secretary Jack Lew said he has been in constant contact with European officials regarding a Greek debt crisis that threatens to lead Athens to exit the euro zone and increase hardship for the Greek people.

Greece crisis unlikely to have major impact on US: Obama

The US Treasury Secretary, Jack Lew, has been talking to his counterparts in Europe and encouraging them to find a path towards a resolution.

Greece in shock as banks shut after creditor talks breaks

Greeks woke up to shuttered banks, closed cash machines and a climate of rumours and conspiracy theories on Monday as a breakdown in talks between Athens and its creditors plunged the country deep into crisis.

FM discusses key bilateral issues with top US officials

Finance Minister Arun Jaitley met top US officials here and raised India's concerns over key bilateral issues, including totalisation agreement and the proposed Bilateral Investment Treaty.

Greece and Ukraine crises drown out G7 agenda

Leaders from the Group of Seven (G7) industrial nations meet on Sunday in the Bavarian Alps for a summit overshadowed by Greece‘s debt crisis and ongoing violence in Ukraine.

Indo-US ties stronger than ever: Jaitley

Arun Jaitley made the remarks at a dinner reception hosted in his honour at the Indian Embassy which was attended by many senior Obama Administration officials and senior ministers. It is rare for so many administration bigwigs, including three cabinet rank ministers, to attend a reception for a visiting Indian minister.

US encouraged by reforms in India: Lew

Lew said the US has made it very clear that this is a very problematic set of proposals that China put forward. "I, together with the Secretary of State and the US Trade Representative, wrote to the Chinese leadership to make clear that we thought that they needed to stop that from taking effect," he said.

Will support India's growth and reform efforts: Jack Lew

US Treasury Secretary Jack Lew lauded the Modi government's efforts to revive the economy, pointing out that a recovery in American economy will be beneficial for India and vice versa.

Obama, Congress search for way out of fiscal stalemate

Obama invited all House Republican members, but House Speaker John Boehner limited the group to party leaders and prominent committee chairs, lessening the exposure of Obama both to Republicans who might dissent from the leadership's hardline strategy and to rank-and-file Tea Party members who inspired it.