Jacob J. Lew, in his official capacity as the Secretary of the Department of the Treasury | Search

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US-China relations
How Janet Yellen struggled to move the needle on US-China trade
...The US Treasury secretary’s long-standing relationship with former vice-premier Liu He is also seen as an advantage....
April 10, 2024
Philip Hammond
Philip Hammond had contacts with Treasury about crypto firm he later chaired
...The former chancellor spoke with Glen in late March in a scheduled call, a week after Tokarev’s meeting with Treasury officials, according to the documents released in response to a Freedom of Information...
February 9, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
US foreign policy
White House decision to not replace Asia tsar stokes concern among US allies
...Kurt Campbell, the Biden administration’s former Asia tsar, was on Tuesday confirmed by the Senate in his new role as deputy secretary of state, giving him a wider foreign affairs remit than the Indo-Pacific...
February 6, 2024
Aerospace & Defence
Rishi Sunak expected to unveil new UK warship programme
...Former defence secretary Ben Wallace said: “There’s no substitute for a core funding increase that leads towards 3 per cent in 2030 and 2.5 per cent as soon as possible....
April 20, 2024
Nomura Holdings Inc
Nomura hires former top UK Treasury official Tom Scholar as European chair
...Scholar was removed as Treasury permanent secretary as one of the first actions of former prime minister Liz Truss’s government in September last year....
December 1, 2023
US-China relations
US and China to hold back-channel talks in Thailand
...Wang has been serving as both the top Chinese foreign policy official and in the less influential role of foreign minister since July, after China removed Qin Gang as foreign minister....
January 26, 2024
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
US-China relations
Janet Yellen warns China against clean energy dumping
...Yellen delivered her message to Beijing from a solar energy manufacturer in Georgia on Wednesday, just days before her second trip to China as Treasury secretary....
March 27, 2024
UK politics
Gove forced to dilute plans to cap leasehold ground rents in England and Wales
...One housing department official said: “The secretary of state has been clear he prefers peppercorn in interviews and in parliament....
March 25, 2024
US-China relations
Yellen says US-China relations on ‘stronger footing’
...The Treasury secretary’s claims of an improving relationship came as Chinese officials released statements flatly rejecting the US charge of oversupply, illustrating the distance that remains between the...
April 8, 2024
US-China relations
Blinken to warn China over weapons-related exports to Russia
...The US state department declined to comment. Treasury secretary Janet Yellen raised the issue during a visit to China this month, but Blinken intends to press the matter in stronger terms....
April 20, 2024
US-China relations
Yellen says US will protect green tech from China competition
...“The scale of subsidies just dwarfs what we see in OECD economies,” a Treasury official said during the trip, noting that the excess capacity was having “global spillovers”....
April 4, 2024
Martin Wolf
The UK needs a reform road map to avoid stagnation
...But on official forecasts, this is only just enough to stabilise government debt as a fraction of national income.” In all, rather grim!...
April 15, 2024
UK general election
Who will be the UK’s next top civil servant?
...Cabinet secretary Simon Case, who is back in the office as part of a “phased return” to work after medical leave, has told colleagues he hopes to carry on his job until 2025, when he would have served five...
January 28, 2024
News in-depthUK tax
Hunt’s Budget dilemma: play it safe or be ‘bold’ to save Tory seats
...“He is well regarded in the Treasury as a sensible person who, left to his own devices, will try to do the right thing....
March 5, 2024
US-China relations
US Treasury team set for Beijing talks on economic co-operation
...Liu Jianchao, head of the Communist party’s international department and possible future foreign minister, last week met secretary of state Antony Blinken, national security adviser Jake Sullivan and his...
January 17, 2024
FT Live
Business Book of the Year Award 2024
The search for the best business book is under way
Monday, 9 December1 Grosvenor Pl, London SW1X 7HJ, UK
Cryptofinance
US watches Russian crypto activity ahead of election Premium content
...Lifshits financed his operations using crypto accounts linked to victims of identity theft located in the US, the justice department said....
March 22, 2024
News in-depthDonald Trump
Donald Trump prepares his final pitch on presidential immunity
...They added: “Presidential immunity for official capacity crimes would create an untenable dilemma for every member of the military chain of command ordered to execute an order, particularly if officers disagree...
April 24, 2024
UK Statistics Authority
UK statistics chief criticises Treasury ministers for misleading tax claims
...The chair of the UK Statistics Authority has admonished Treasury ministers for making potentially misleading claims about the level of personal taxation in Britain — his third such intervention in three...
February 19, 2024
Intel Corp
Intel to receive $8.5bn in US funding for high-end chip manufacturing
...Intel will receive $8.5bn in direct funding and $11bn in loans from the US government to expand its capacity to make high-end chips, as it seeks to reinvent itself as a national champion in the sector and...
March 20, 2024
News in-depthUK Budget 2024
‘Disastrous’: Justice system leaders warn Hunt against further austerity
...When his commitment to bigger boosts in spending on key areas is taken into account, the Institute for Fiscal Studies think-tank has estimated the plans imply real-term cuts to “unprotected” departments...
March 4, 2024
News in-depthUK foreign policy
David Cameron’s journey back to centre of world stage
...After taking up the appointment as foreign secretary last autumn, Cameron told the BBC his links to Greensill had been “dealt with by the Treasury select committee and other inquiries at the time”, adding...
April 9, 2024
Iran
US asks China to tell Iran not to retaliate against Israel
...Meanwhile, a Lebanese man accused by the US Treasury’s Office of Foreign Assets Control of funnelling Iranian money to Hamas was found dead in a town near Beirut....
April 11, 2024
Taiwan
US delegation heads to Taiwan after voters defy China
...“As we have done previously following a Taiwan presidential election, the US government has asked former senior officials to travel in their private capacity to Taiwan....
January 14, 2024
The FT ViewThe editorial board
China lacks a credible policy to meet its own growth target
...In terms of fiscal support, one modest new impetus was unveiled. A Rmb1tn ($139bn) issuance of special Treasury bonds was scheduled to finance “security capacity in key areas”....
March 6, 2024
FirstFT
FirstFT: Larry Fink warns of looming ‘retirement crisis’
...Narrowly ahead in the polls, Trump now has the backing of a small group of seasoned campaign operatives and former officials eager to apply his ideas....
March 26, 2024

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