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Jacob Lew News

US Treasury Secretar

08 Jul 2016

US Treasury secretary heads to Europe after Brexit shock

Lew will hold talks with counterparts in Paris, London, Brussels and Berlin during the July 11-14 trip.

National Investment and Infrastructure Fund

14 Apr 2016

US to help India increase financing options for infrastructure

The US has said it will support India's endeavour to find ways to fund its massive drive for building modern infrastructure and to create more jobs.

30 Mar 2016

US Treasury chief warns on excessive use of sanctions

US Treasury Secretary Jacob Lew warned today that the excessive use of economic sanctions could weaken the role of the United States and the dollar on global markets.

21 Jan 2016

Arun Jaitley meets US Treasury Secretary at World Economic Forum

Jaitley, Lew discussed ways to attract greater infrastructure investment to boost potential growth and support the global economy.

21 Jan 2016

India must stick to its economic reform agenda: Jacob Lew

India remains a bright spot of economic growth, but it will have to stick to its reform agenda and like any other political system, a lot will depend on the government of the day to carry forward the reforms, US Treasury Secretary Jacob Lew said Thursday.

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.

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.

18 Apr 2015

US Treasury secretary urges Greece to reach debt deal

Global finance officials are urging Greece to reach a deal with its creditors and avoid a catastrophic default that would stagger a world economy still emerging from recession.

06 Mar 2015

US debt limit looms again: Jacob Lew warns on `brinksmanship`

US Treasury Secretary Jacob Lew urged Congress Friday to avoid another disruptive battle over the country`s borrowing ability, which is scheduled to be capped in nine days.

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.

22 Oct 2014

US Treasury chief urges Germany to boost growth

US Treasury Secretary Jacob Lew, in a meeting Wednesday with German Economy Minister Sigmar Gabriel, called on Germany to boost public spending to stimulate stuttering eurozone growth, the Treasury said.

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