Lew says U.S. still opposed to financial transaction tax
WASHINGTON - Treasury Secretary Jack Lew reiterated the government's opposition to a tax on financial transactions, which would make banks pay for help in the financial crisis and is gaining steam in Europe.
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Found 1 month ago on channel
Reuters
U.S. to press Europe on rebalancing demand: official
WASHINGTON - Treasury Secretary Jack Lew will discuss ways that Europe can rebalance its demand to help grow the economy during a trip to the continent next week, a senior official said on Friday.
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Found 1 month ago on channel
Reuters
Treasury's Lew heading to Europe for talks on economy
WASHINGTON - U.S. Treasury Secretary Jack Lew will travel to Europe in early April, his second international trip since taking office a month ago, to discuss recent deterioration in the euro zone and prospects for boosting global economic growth.
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Found 1 month ago on channel
Reuters
Free Federal Wireless Broadband For All Americans? Fuggedaboutit!
The United States government is not going to be providing free WiFi Internet access to consumers anytime soon. That news may surprise anyone who read a startling Washington Post story on Sunday that seemed to confuse a fairly esoteric telecom policy proposal about the use of so-called “white space” wireless spectrum with some sort of free national wireless Internet access plan. The “free WiFi for all” story, which was passed around uncritically by Internet blogs and news sites, set off a furor because the notion cuts to the heart of ongoing battles over access to the Internet, the “digital divide,” and federal policy decisions that could have major implications for the telecom, cable, and technology industries. But the story was wrong, as Ars Technica pointed out. On Tuesday, outlets that repeated the bunk story began walking their reports back, in some cases apologizing for giving bad information to the public. The episode, which provoked a strong pushback from tech ...
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Geithner sees US economy strengthening gradually
WASHINGTON -- Outgoing Treasury Secretary Timothy Geithner thinks the U.S. economy will strengthen this year - as long as Congress avoids cutting spending too deeply in a budget deal and Europe's economy gradually improves....
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