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

Last Updated: Saturday, September 5, 2015, 12:53

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.

US tells China at G20 to avoid 'competitive devaluation'

Last Updated: Friday, September 4, 2015, 23:53

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.

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

Last Updated: Wednesday, June 10, 2015, 17:55

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 urges Greece debt negotiators to 'set aside rhetoric'

Last Updated: Saturday, February 14, 2015, 10:00

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.

WEF 2014: Job creation our top priority, says US

Last Updated: Thursday, January 23, 2014, 23:53

Terming creation of jobs as one of the top priorities for the US, its Treasury Secretary Jacob Lew on Thursday said the government would not be satisfied until it provides jobs for everyone who is seeking employment.

Congress need to raise debt limit by late February: Lew

Last Updated: Thursday, January 23, 2014, 16:00

Treasury Secretary Jacob Lew has warned that the US could be on path of default if the Congress did not increase the nation's borrowing limit by late February.

'Angry Geithner once warned S&P about US downgrade'

Last Updated: Wednesday, January 22, 2014, 09:58

Former US Treasury Secretary Timothy Geithner angrily warned the chairman of Standard & Poor`s parent that the rating agency would be held accountable for its 2011 decision to strip the United States of its coveted "triple-A" rating, a new court filing shows.

US treasury secretary to visit Europe next week

Last Updated: Tuesday, December 31, 2013, 05:32

US Treasury Secretary Jacob Lew is scheduled to travel to Europe next week for economic talks with top European officials, the Treasury Department announced Monday.

Prioritizing which US bills to pay would be 'chaos': Lew

Last Updated: Thursday, October 10, 2013, 23:12

The Obama administration said on Thursday that a looming US default would hit everyone from Social Security pensioners to bondholders and urged Congress to raise a cap on government borrowing to avoid a crisis.

Geithner still not interested in being Fed chair: Source

Last Updated: Monday, September 16, 2013, 09:25

Former US Treasury Secretary Timothy Geithner is still not interested in being the next head the Federal Reserve, a source familiar with his thinking said on Sunday, after front-runner Lawrence Summers withdrew his name from consideration.