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UNSC adopts resolution to cut off funding to ISIS, al Qaeda

The UN Security Council has unanimously adopted a resolution to cut off all sources of funding to ISIS and al Qaeda with finance ministers from the member nations vowing to increase sanctions against the terror groups.

Lew asks US Congress to approve IMF quota reform

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 Republicans, pro-Israel groups step up campaign against Iran deal

Top Republicans vowed on Wednesday to do their utmost to scrap President Barack Obama`s nuclear deal with Iran as the biggest pro-Israel lobby prepared for an all-out campaign to pressure wary lawmakers into rejecting the agreement.

Chinese Yuan still undervalued: US Jack Lew

The United States still believes China`s yuan currency is undervalued, unlike the International Monetary Fund, US Treasury Secretary Jack Lew said Wednesday.

Resolve Greece talks soon to avoid crisis: US`s Lew

US Treasury Secretary Jack Lew called Wednesday for Greece`s debt crisis to be resolved quickly to avoid the risk of "accidents", as G7 finance ministers gathered.

Russian minister urges Ukraine to maintain neutral status

Russian Foreign Minister Sergei Lavrov has said that Ukraine must maintain a neutral status in order to prevent further division of the war-torn country.

US says Scottish independence vote could have economic impact

The United States will closely follow the Scottish independence vote on Thursday because it has potentially big economic consequences, a top Obama administration official said.

China`s Xi warns confrontation with US would be disaster

Confrontation between China and the United States would be a disaster and both must respect each others` sovereignty, Chinese President Xi Jinping said on Wednesday as he opened annual talks between the world`s two biggest economies.

Stronger banking union would help boost growth: America to Europe

The United States has a message for the countries of Europe: If you want to help your ailing economies, consider pledging to stand behind one other`s troubled banks.

India, US to work on understanding on investment issues

With India among the fastest growing sources of investment into the US, the two countries Sunday agreed to strengthen bilateral economic ties and work towards a greater understanding of investment related issues.

India, US discuss ways to boost growth, review economic ties

Finance Minister P Chidambaram held discussions with his American counterpart Jack Lew on bilateral economic cooperation as part of the fourth annual meeting of the India-US Economic and Financial Partnership.

Chidambaram meets Lew, raises Indian concerns over visa issues

The meeting held at the IMF headquarters in Washington, instead of the Treasury building because of the ongoing government shutdown lasted for about an hour.

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

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.

Kerry, Lew urged to press China on cyber, trade issues

A top American lawmaker urged Secretary of State John Kerry and Treasury Secretary Jack Lew to press China on a host of issues.

Jack Lew sworn in as US Treasury Secretary

Lew will also serve as Chairman of Financial Stability Oversight Council (FSOC) and Chairman of the Boards and Managing Trustee of the Social Security and Medicare Trust Funds.

Jack Lew confirmed as new US Treasury Secretary

Lew, 57, who also held the position of Director of the Office of Management and Budget, replaces Timothy Geithner as the Treasury Secretary.

Jack Lew`s `messy` signature draws Obama attention

As the country’s Treasury Secretary, Jack Lew`s signature will appear on every new currency note in the US.

Obama nominates Jack Lew as new US Treasury Secretary

US President Barack Obama nominated his Chief-of-Staff and budget specialist Jack Lew as the next Treasury Secretary.

Obama to nominate Jack Lew as new US Treasury Secretary

President Barack Obama, in an effort to rejuvenate the battered US economy, will nominate his Chief-of-Staff and budget specialist Jack Lew as the next Treasury Secretary.

`Obama to name Jack Lew as treasury secretary`

White House Chief of Staff Jack Lew has long been considered the frontrunner to replace Timothy Geithner.