Stuart Eizenstat News
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The U.S. government has abandoned plans to create an independent panel to assess claims for Nazi- looted art in museums, a State Department official said, leaving claimants with few options besides costly lawsuits.
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Stuart Eizenstat, a partner at Covington & Burling, talks about the U.S. debt-limit agreement and the outlook for the economy.
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Republican presidential candidates are trying to paint President Barack Obama, who ordered the killing of Osama bin Laden and helped bring down Muammar Qaddafi, as weak on foreign policy for failing to halt Iran’s quest for a nuclear weapon.
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A World Trade Organization probe into the legality of Chinese rules on foreign companies issuing credit cards is a “major reason” Citigroup Inc. was given permission to do so, said Stuart Eizenstat, former deputy Treasury secretary under President Bill Clinton.
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California, New York, Nevada, Florida and Massachusetts are among states that haven’t signed a settlement with banks over foreclosure abuses, according to state officials and two people familiar with the talks.
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President Barack Obama enters the Group of 20 summit today with added momentum for his push to increase bank capital standards: congressional action overhauling U.S. financial regulations.
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Stocks climbed, sending the Standard & Poor’s 500 Index up for the week, Treasuries fell and the euro rose as Europe set plans to boost its rescue fund and U.S. consumer confidence beat forecasts.
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