Sen. Hatch on Antonio Weiss' Treasury nomination: "I think we could have gotten him through." http://t.co/ghY2Lw1CIt pic.twitter.com/JYHsxVRonT — Nick Timiraos (@NickTimiraos) January 13, 2015 Antonio Weiss, the current global head of investment banking at Lazard, has asked President Obama to withdraw his name from consideration for Treasury Undersecretary For Domestic Finance. Weiss’ nomination to take [...]
|By: DSWright Tuesday January 13, 2015 8:00 am|
|By: Peterr Saturday August 9, 2014 9:00 am|
First it was former Northwestern University quarterback Kain Coulter and his football teammates taking a chunk out of the NCAA, and yesterday it was former UCLA basketball player Ed O’Bannon and 19 other former college players. They did what few thought possible in going after a Too Big to Challenge institution, and won.
You know, the president is a sports-loving guy. Imagine what would happen if he called the attention of the DOJ and Treasury to these college athletes: “This is how you go after Too Big To Challenge institutions.” . . .
|By: letsgetitdone Friday January 31, 2014 6:40 pm|
Lately, the word out of Washington, DC from the plugged in people is that there will be no debt ceiling crisis coming up before the election. Politico says so, and so does the National Journal. MSNBC also agrees.
But not so fast, says the Washington Post, echoing the Wall Street Journal provided the House Republicans can agree on “. . . an extortion demand.” If they can, then we wll have another debt ceiling crisis.
|By: Jon Walker Wednesday September 25, 2013 12:30 pm|
We now have an official debt limit deadline. Today, Treasury Secretary Jack Lew sent Congress a letter informing them there will not be enough cash on hand to pay all our bills starting October 17. That is the date by which Congress needs to raise the debt limit or risk causing significant financial damage.
|By: letsgetitdone Sunday September 1, 2013 9:00 am|
Stories in The Washington Post and the New York Times have some in the blogosphere proclaiming that it’s time to celebrate the death of the Grand Bargain, and others at least raising a question about its death. I’ll go on record as saying that celebrating its death is definitely premature.
|By: DSWright Thursday July 18, 2013 6:30 am|
Citigroup alumn and current U.S. Treasury Secretary Jack Lew has claimed that if the ever looming threat of banking institutions that are so big their failure would bring down the economy is not eliminated by year’s end further actions will be needed.
|By: DSWright Friday May 3, 2013 6:50 am|
The partisan gridlock in Washington combined with a slow moving vetting process has led to many of the key posts in the Obama Administration remaining vacant. Even as the administration asks for more power to police the internet and meddle in other country’s affairs abroad it lacks the staff to meet current responsibilities.
|By: TomThumb Tuesday April 9, 2013 6:00 pm|
Treasury Secretary Lew goes to Berlin. Mr. Lew encourages Europeans to reduce their austerity measures because they are ruining their economies. He wants Europeans to spur their demand or spending. That is a good suggestion.
|By: DSWright Thursday February 28, 2013 6:35 am|
Despite a slew of damaging revelations Jack Lew has been confirmed by the Senate. With a 71-26 vote Lew received more Republican support than Chuck Hagel. On some level Lew’s easy confirmation is a testament to how much influence Wall Street has in Washington but it still is interesting to compare the two nominations and their confirmation fights when you look at the actual evidence.
|By: DSWright Monday February 25, 2013 6:48 am|
President Obama’s Treasury Secretary nominee not only worked for the Citigroup hedge fund that shorted the housing market, invested in off-shore tax havens, and took a nice bonus from TARP money – he had a provision written into his employment contract that encouraged him to return to government service.