Treasury Secretary News
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On July 22, 1998, President Bill Clinton signed into law a reorganization of the Internal Revenue Service designed to “give the American people an IRS that reflects America’s values and respects America’s taxpayers.”
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The Internal Revenue Service has replaced Lois Lerner, the official at the center of the controversy over the agency’s scrutiny of small-government groups seeking tax-exempt status.
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When Jane Gladstone of Evercore Partners Inc. first attended the Futures Industry Association annual meeting in Boca Raton in 2002 she was the only investment banker there. To capitalize on the opportunity, she threw a dinner for about 20 people.
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Republican lawmakers are seeking answers after the first round of congressional hearings on the Internal Revenue Service’s scrutiny of small-government groups failed to show why the practice started and who was behind it.
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Treasury Secretary Jacob J. Lew held a dinner discussion last night with economists and market participants including Ruth Porat, an executive vice president and chief financial officer at Morgan Stanley, a department official said in an e-mailed statement today.
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U.S. Treasury Secretary Jacob J. Lew said today he’ll wait for more information to decide whether IRS official Lois Lerner acted improperly in the tax agency’s treatment of Tea Party groups.
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As a North Carolina congressman, Mel Watt has tried to arm struggling homeowners with a legal “sledgehammer” against lenders and expand the ranks of people eligible to cut their mortgage principal.
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The Jerusalem Post has just published its annual ranking of the world’s 50 most influential Jews, and I’m sorry but also somewhat relieved to report that I don’t appear on it this year.
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Government bonds should be excluded from the European Union’s planned financial-transaction tax because the levy would drive up sovereign borrowing costs, a panel of European debt-management officials said.
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Jack Lew isn’t your average baby boomer. There's that Treasury Secretary thing, for starters. What may be even more impressive than his resume, though, is his portfolio of low cost, index-tracking exchange-traded funds. Unlike the vast majority of baby boomers, who don’t use ETFs at all, Lew is saving himself thousands of dollars per year in fees and beating a solid two-thirds of active mutual fund managers.
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