12/05/13 03:30 PM
WASHINGTON (AP) — The world's biggest economies need to do more to bolster financial rules to avoid a repeat of the disastrous 2008 financial crisis, Treasury Secretary Jacob Lew said Thursday. Lew said he will use a February meeting in Australia of the Group of 20 major industrial countries...
By Joseph Lawler | 12/05/13 11:26 AM
Treasury Secretary Jack Lew declared victory in ridding the financial system of banks that are too big to fail Thursday morning, following up on a promise he made earlier in the year to ensure that no banks remained in a position to receive taxpayer bailouts if they collapse. In a speech at...
By Joseph Lawler | 11/19/13 12:05 PM
“I think the whole idea of debt limit reform is something we probably should think about,” Lew said Tuesday, citing the damage to consumer and business confidence that followed this year's and 2011’s political showdowns over raising the statutory cap on U.S. debt.
By Joseph Lawler | 11/12/13 02:15 PM
Sen. Elizabeth Warren, D-Mass., warned that the problem of too-big-to-fail banks has gotten worse in the years after the financial crisis and criticized Obama administration officials for not acting sooner to address the problem.
By Charlie Spiering | 12/04/13
By Timothy P. Carney | 12/05/13
By Joel Gehrke | 12/03/13
By Byron York | 12/05/13
By Michael Barone | 12/04/13