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Keyword: treasurysecretary

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  • Steve Mnuchin Picked By Trump To Head Treasury Department

    11/29/2016 5:29:55 PM PST · by Helicondelta · 39 replies ^ | 29 Nov 2016
    Donald Trump will nominate Steve Mnuchin, who has ties to both Wall Street and Hollywood, to be treasury secretary, according to a report Tuesday. The 53-year-old, who also served as finance director for the presidential campaign, was at Trump Tower on Tuesday to meet with the transition team.
  • Donald Trump just got the endorsement of billionaire Wall Streeter Carl Icahn

    09/28/2015 6:23:45 AM PDT · by RoosterRedux · 47 replies ^ | Julia La Roche
    Billionaire investor Carl Icahn told Bloomberg News that he's endorsing Donald Trump because he's the sort of leader the US needs at this time. "I disagree on certain points I don’t want to get into, I’m sure those can be worked out, but the basic thing is, you need somebody that can get things going in Congress, and I think he can do it. You need somebody that understands business, and I think he understands it," Icahn told Bloomberg. Shortly after Trump launched his campaign, the candidate appeared on MSNBC's "Morning Joe." On the show, the billionaire real-estate magnate said...
  • Targets of terror financing probe had political clout (Norquist and Saffuri alerts)

    12/12/2003 8:31:22 AM PST · by Sabertooth · 16 replies · 378+ views
    Atlanta Journal-Constitution ^ | December 12th, 2003 | EUNICE MOSCOSO and REBECCA CARR
    WASHINGTON -- Nine days after the federal government raided their homes and businesses, leaders of an alleged terror financing operation were given the opportunity to question the agency investigating them. The meeting on March 29, 2002, in the office of Rep. Frank Wolf (R-Va.) is an example of the political clout of what the government calls the "Safa Group," a web of companies and nonprofits based in northern Virginia. One week later, former Treasury Secretary Paul O'Neill met with Muslim leaders with connections to the Safa Group to hear complaints about the raids. The leaders are suspected of running more...
  • Benghazi Bag Man, Denis McDonough, to be named Obama's Next Chief of Staff

    01/16/2013 5:51:26 PM PST · by Nachum · 20 replies
    Atlas Shrugs ^ | 1/16/13 | Pamela Geller
    Hagel, Brennan, Kerry ... and now Denis McDonough. President Barack Obama plans to name Deputy National Security Adviser Denis McDonough as his next chief of staff, a Democratic source briefed on the plans tells POLITICO. McDonough would replace Jack Lew, the communist Obama nominated to be his new Treasury secretary. Denis McDonough, Deputy National Security Advisor and a former senior fellow at the uber far left Center for American Progress, is the man most responsible for orchestrating the Benghazi jihad cover-up. McDonough rewrote the CIA talking points on Benghazi, misrepresenting the video, when the true motive behind the terrorist attack...
  • Here's Obama's Message to GOP by Appointing Lew Treasury Secretary

    01/10/2013 6:19:28 PM PST · by george76 · 14 replies
    CNBC ^ | 10 Jan 2013 | John Carney
    Barack Obama is sending a pointed message to Republicans by nominating Jack Lew as Treasury Secretary: I'm not backing down from this budget fight. This is certainly a blow to any hope that Republicans might have had that Obama would flinch from his pledge not to negotiate over the debt ceiling. The president has said he will demand a clean bill raising the debt ceiling, unattached to any conditions or spending cuts. To call Lew's relationship with Capitol Hill Republicans strained would be an understatement. According to some on the Hill, there just is no relationship anymore. ... If Obama...
  • Jack Lew’s Terrible Signature May Grace Dollar Bills Now (PERFECT Signature for Paper Money)

    01/09/2013 4:18:32 PM PST · by PJ-Comix · 20 replies
    New York Magazine ^ | January 9, 2013 | Kevin Roose
    Jack Lew, President Obama's reported pick to replace outgoing Treasury secretary Tim Geithner, is known as a no-nonsense backroom negotiator with wonkish tendencies, who is admired on the left and grumbled about on the right. A lesser-known but extremely pertinent fact about Lew is that he has the world's worst signature. And pretty soon, that signature could be on every single one of your dollar bills.
  • Rumors Grow That Michael Bloomberg Is Going To Be The Next Treasury Secretary

    10/01/2010 9:57:36 AM PDT · by WebFocus · 44 replies
    Business Insider ^ | 10/01/2010 | Gus Lubin
    Larry Kudlow just insisted on a rumor we've heard several times: Michael Bloomberg is going to be treasury secretary. Kudlow says he heard from "deep insiders" that the pick has been made and it's Bloomberg. Of course this also confirms rumors that Tim Geithner, currently the Treasury Secretary, is gone after November.
  • Mayor Bloomberg Is Apparently Being Floated As Tim Geithner's Replacement

    09/01/2010 9:58:32 PM PDT · by The Magical Mischief Tour · 36 replies
    Business Insider ^ | 09/01/2010 | Business Insider
    Apparently New York's Mayor Bloomberg was on the short list to be named Secretary Treasurer back in 2008, and now the White House is revisiting the idea. From the NYPost: "It's been the focus of a lot of discussion," said one Democrat. "He's very well-liked and well-respected on Wall Street." At least the second half is probably true. The roots of this rumor are in Martha's Vineyard. Asked about last weekend's four-hour golf game with President Obama on Martha's Vineyard, Bloomberg told reporters yesterday, "The economy was the main subject, other than discussing golf."
  • Geithner Says U.S. Economy No Longer World Leader

    06/25/2010 4:58:35 PM PDT · by nysuperdoodle · 44 replies · 2+ views
    ECR ^ | 25 Jun 10 | EC
    I guess we really shouldn't be surprised. After all, this is what Obama and his team of globalists wanted, wasn't it? It's pretty much what he promised his hate-America base. If anyone was listening, they would have heard it. US Treasury Secretary Timothy Geithner has told the BBC that the world "cannot depend as much on the US as it did in the past". He said that other major economies would have to grow more for the global economy to prosper. He also played down any differences in policy between the US and Europe regarding deficit reduction. Mr Geithner was...
  • Obama says treasury secretary's job is secure

    03/21/2009 7:17:00 PM PDT · by NormsRevenge · 34 replies · 683+ views
    AP on Yahoo ^ | 3/21/09 | Lolita C. Baldor - ap
    WASHINGTON – President Barack Obama says treasury secretary is one job that's not up for grabs. In an interview with CBS' "60 Minutes" Obama said that if Treasury chief Timothy Geithner offered his resignation, the answer would be, "Sorry buddy, you've still got the job."
  • US Treasury secretary attacks oil, gas tax breaks

    03/05/2009 5:53:37 AM PST · by texrepub76 · 51 replies · 840+ views
    Reuters ^ | Thu Mar 5, 2009 3:18am IST | Tom Doggett
    WASHINGTON, March 4 (Reuters) - U.S. oil and natural gas producing companies should not receive federal subsidies in the form of tax breaks because their businesses contribute to global warming, U.S. Treasury Secretary Timothy Geithner told Congress on Wednesday. It was one of the sharpest attacks yet on the oil and gas industry by a top Obama administration official, reinforcing the White House stance that new U.S. energy policy will focus on promoting renewable energy sources like wind and solar power and rely less on traditional fossil fuels like oil as America tackles climate change. "We don't believe it makes...
  • Is Nomination of Tax Cheat Turned Treasury Sec. Geithner Really Essential?

    01/21/2009 9:00:15 AM PST · by Michael Eden · 8 replies · 330+ views
    Start Thinking Right ^ | January 21, 2009 | Michael Eden
    Timothy Geithner's nomination as Treasury Secretary is in a spot of trouble given the irony of the man who would be charged with enforcing our tax laws being himself a documented tax cheat. I'm willing to look at the domestic employee being illegal issue is not that big of a deal - which makes me FAR more non-partisan than Democrats who exploded the nominations of Bush cabinet picks Bernard Kerick and Linda Chavez over the same issue. But the tax issue ought to be a real thorn in the side of an administration that preached openness and honesty. The Obama...
  • Breaking -- NBC News Says [New Mexico Governor] Richardson Will Get Commerce

    11/21/2008 2:01:12 PM PST · by 2ndDivisionVet · 123 replies · 4,921+ views
    The Albuquerque Journal ^ | November 21, 2008 | Bruce Daniels
    Network's Andrea Mitchell and Chuck Todd reporting Obama will name his economic team Monday. 1:55pm UPDATE: The New York Times is reporting that Sen. Hillary Clinton has decided to quit her Senate seat and accept the post of Secretary of State, according to two Clinton confidants. Senior advisers to President-elect Barack Obama told the Times this morning that the offer had not been formally accepted and no announcement would be made until after Thanksgiving, but said they were convinced the deal was ready to be sealed. NBC News is reporting that President-elect Barack Obama will roll out his economic team...
  • Is Treasury Chief Hank Paulson the financial equivalent of Civil War General George B. McClellan?

    05/03/2008 10:55:04 AM PDT · by The_Republican · 10 replies · 94+ views ^ | May 3rd, 2008 | Steve Forbes
    Is Treasury Chief Hank Paulson the financial equivalent of Civil War General George B. McClellan? The "Young Napoleon" brilliantly organized and trained Union armies in the first year and a half of the Civil War. His problem: He couldn't bring himself to actually engage the enemy, always proffering excuses as to why he couldn't take decisive action. An exasperated Abraham Lincoln finally fired him. Mr. Paulson repeatedly says he wants a strong U.S. dollar. Last month he told Reuters: "I've been as consistent as anyone that you've ever heard in saying that the strong dollar [is] in our nation's interest."...
  • New Treasury chief says 'strong dollar' in US interests

    08/01/2006 11:30:04 AM PDT · by Republicain · 54 replies · 811+ views
    AFP ^ | 08/01/2006
    NEW YORK (AFP) - Newly minted US Treasury Secretary Henry Paulson said in his first public comments since assuming office last month that a "strong dollar" is in the United States' best interests. Paulson picked up the baton right where his predecessor left off in stating his adherence to a strong dollar in a speech at New York's Columbia University. "I believe that a strong dollar is in our nation's interest and that currency values should be determined in open and competitive markets in response to underlying economic fundamentals," Paulson said, according to a transcript. The dollar has weakened in...
  • Former U.S. Treasurer tapped by Schwarzenegger

    01/31/2006 5:03:48 PM PST · by NormsRevenge · 8 replies · 229+ views
    ap on Bakersfield Californian ^ | 1/31/06 | Don Thompson - ap
    SACRAMENTO (AP) - Former U.S. Treasurer Rosario Marin was appointed Tuesday by Gov. Arnold Schwarzenegger to head the State and Consumer Services Agency. Marin was appointed treasurer by President Bush in 2001 and served until May 2003, when she resigned to return to California. She lost a Republican primary race for the U.S. Senate in 2004. Since then, she has been a member and chair of the state's Integrated Waste Management Board. "Rosario's decades of experience serving and representing the people of California at the federal, state and local levels have given her a unique understanding of the important ways...
  • The Book(s) On Bush

    04/25/2004 8:11:07 AM PDT · by BerkeleyRight · 7 replies · 480+ views ^ | April 23, 2004 | David Paul Kuhn
    It is rare to have books exploring the legacy of a presidential administration still in its first term. It is rarer still to have the number of insider accounts that Americans have access to in 2004. “These books appear to be painting history before our eyes,” said Charlotte Abbott, news editor of Publishers Weekly. “No one in the industry of publishing can remember a time since Watergate when so many political books have come out and the public has been interested – and a lot of those Watergate titles came out after.” One of the reporters who first exposed Watergate,...
  • National Treasures(Lieberman courted/rising Greenspan stock/Missing Republican/Pelosi’s Jim Wright)

    12/19/2004 10:39:17 PM PST · by nickcarraway · 8 replies · 556+ views
    The American Prowler ^ | 12/20/2004 | The Prowler
    OLD JOESen. Joe Lieberman has already turned down two jobs offered by President Bush, so why not go for a trifecta? Lieberman again tops a list of folks being considered for head of the new national intelligence directorate, a job that Lieberman might actually have to seriously consider. He smartly turned down the Homeland Security chief job, and the U.N. ambassadorship just wasn't big enough for him, even if he would have been given an opportunity to work on the Middle East peace process a bit. But Lieberman did take on a large role in shaping the national intelligence legislation,...

    12/08/2004 5:01:21 PM PST · by GretchenM · 132 replies · 3,076+ views, ^ | Wednesday December 8, 2004 | GretchenM
    In Cabinet news, John Snow agreed to continue serving as Secretary of the Treasury. Veterans Affairs Secretary Anthony Principi submitted his resignation to President Bush, who said, "As a valuable member of my Cabinet, Tony Principi has served as a tireless advocate for 25 million veterans." It's a short trip to Sanity Island today / tonight, as there aren't many photos.
  • Bush to Replace Treasury's Snow -NY Times (Gerald Parsky on the short list to replace him!)

    12/05/2004 11:24:17 PM PST · by ambrose · 16 replies · 568+ views
    Reuters ^ | 12/6
    Bush to Replace Treasury's Snow -NY Times Mon Dec 6, 2004 01:29 AM ET NEW YORK (Reuters) - President Bush plans to replace John Snow as U.S. Treasury Secretary and possible successors include Andrew Card, currently the White House chief of staff, the New York Times reported Monday. A definite decision has been made to replace Snow as soon as a successor is named, an adviser to the White House told the newspaper, but it is unclear how close Bush is to a decision on a replacement or if he has already made one, the Times said. Aside from Card,...
  • Bush to Change Economic Team

    President Bush plans to overhaul his economic team for the second time in two years and wants to tap prominent figures outside the administration to help sell rewrites of Social Security and the tax laws to Congress and the country, White House aides and advisers said over the weekend. The aides said the replacement of four of the five top economic officials -- including the Treasury and Commerce secretaries, with only budget director Joshua B. Bolten likely to remain -- is part of Bush's preparation for sending Congress an ambitious second-term domestic agenda.
  • Treasury This Moment (Bush quietly engages in Snow removal. Possible Republican Senator in Nebraska)

    11/28/2004 10:55:40 PM PST · by nickcarraway · 21 replies · 1,692+ views
    The American Prowler ^ | 11/29/2004 | The Prowler
    SNOW REMOVALThe Bush Administration has never liked its Cabinet secretaries to be the flashy, spotlight-seeking type, Donald Rumsfeld and Colin Powell aside. Most agency leaders in the first term tended to disappear into the background, toe the Administration line, and keep the trains moving on time. Now most of the higher profile Cabinet folk are jumping ship (or are being pushed), and replacements are being brought on line. Again, the Administration isn't surprising anyone. Low profile types, who will do a serviceable job, and keep out of the Administration's way for the most part. But in the case of one...
  • Who are the G7 finance ministers? Market volatility used to facilitate global economy

    02/10/2004 2:13:48 AM PST · by JohnHuang2 · 6 replies · 484+ views ^ | Tuesday, February 10, 2004 | Joan Veon
    Who are the G7 finance ministers? Posted: February 10, 20041:00 a.m. Eastern By Joan Veon© 2004 BOCA RATON, Fla. – To most people the G7 finance ministers are just a bunch of guys who get together throughout the year and talk over the economy, but it is not just the U.S. economy – it is the global economy. In order to understand their position of power, we must go back to August 1971 when President Nixon took the dollar off the gold standard. The Group of Seven first met in 1973, two years after Nixon severed the last attachment the dollar...
  • Rage of a Relic: Paul O'Neill is angry that the world has passed him by.

    01/11/2004 9:58:27 PM PST · by quidnunc · 41 replies · 401+ views
    The Wall Street Journal Opinion Journal ^ | January 12, 2004 | John Fund
    I once had dinner with Paul O'Neill, the former Treasury secretary who is now making headlines with a scathing portrayal of his days in the Bush administration prior to his firing in December 2002. Bush critics will hail Mr. O'Neill as a truth-teller, White House aides are already calling him a back-stabber. In fact, Mr. O'Neill is a relic. The man I broke bread with was clearly a product of the Nixon and Ford administrations, in which he had served, and simply hadn't adapted to the post-Reagan Republican Party. Mr. O'Neill came into the Bush administration on the recommendation of...
  • Bush savaged by former Treasury chief

    01/09/2004 8:52:46 PM PST · by John Jorsett · 31 replies · 120+ views
    Financial Times ^ | Jan 9, 204 | Alan Beattie
    President George W. Bush's performance at cabinet meetings resembled that of "a blind man in a room full of deaf people", according to Paul O'Neill (pictured), who was fired as Treasury secretary in 2002. The remarkable personal attack is made by Mr O'Neill in a forthcoming book, according to excerpts from a television interview to be broadcast on Sunday. In the CBS Sixty Minutes interview Mr O'Neill, the former chief executive of the aluminium company Alcoa, says there was little constructive dialogue between officials and the president. Speaking about his first meeting with Mr Bush, which lasted about an hour,...
  • US dollar plunges, tips deflation fears Europe's way

    05/19/2003 1:00:04 PM PDT · by Hal1950 · 65 replies · 872+ views
    AFP ^ | 19 May 2003
    WASHINGTON (AFP) - Nerves gripped investors worldwide after US Treasury Secretary John Snow appeared tacitly to abandon an eight-year policy of supporting a strong dollar. The perceived shift raised fears that further dollar declines would erode the value of foreigners' US investments, economists said. And while soothing concerns of deflation in the United States, it also ramped up those same fears in Europe, and complicated the long deflation battle in Japan, they said. "What the United States has made clear is that they are not going to undertake any efforts to try to defend the currency," said Citigroup global currency...
  • Snow's savvy grasp (John Snow, Treasury Secretary Nominee)

    12/15/2002 8:52:19 PM PST · by FairOpinion · 4 replies · 231+ views
    The Washington Times ^ | Dec. 15, 2002 | Alan Reynolds
    <p>Initial reactions to the appointment of John Snow as Treasury secretary missed the point entirely. One fellow was quoted saying Mr. Snow is little more than a clone of Paul O'Neill, with a matching resume.</p> <p>Really? Mr. O'Neill has a bachelor's degree in economics and a master's in public administration (bureaucracy), while Mr. Snow has a Ph.D. in economics and a law degree. John Snow is well qualified to participate in the formulation of policy, not just to be a better salesman for policies that others design. He will prove a more effective communicator than his predecessor because he is more likely to know what he is talking about.</p>
  • Will Snow be an economic Rumsfeld?

    12/12/2002 6:57:53 AM PST · by new cruelty · 3 replies · 242+ views
    THE KOREA HERALD! | December 12, 2002 | Leon Hadar The Straits Times Asia News Network
    U.S. President George W. Bush is hoping that his newly appointed Treasury Secretary John Snow, the former chief executive officer of railway-holding company CSX Corporation, will provide his economic policy with the same kind of star quality and sense of drive that Defense Secretary Donald Rumsfeld has brought to national security. Similarly, President Bush is expecting that Stephen Friedman, a senior principal with the equity firm of Marsh & McLennan who is slated to head the National Economic Council (NEC), will supply economic policymaking with the same combination of intelligence, energy and media know-how that Condoleezza Rice demonstrates in her...
  • U.S. Praises Pakistan on Anti-Terror

    11/19/2002 2:29:48 PM PST · by knighthawk · 5 replies · 143+ views
    Pakistan Daily ^ | November 19 2002 | AP
    ISLAMABAD, Pakistan (AP) — The U.S. treasury secretary on Tuesday praised Pakistani's efforts to stop the flow of money to terrorists, pledged more U.S. aid and held talks on forgiving $1 billion in debt to the United States. ``There is a major effort under way and continuing in Pakistan to go after tainted money ... finding bad people and capturing their money,'' Paul O'Neill said after meeting with Finance Minister Shaukat Aziz and other economic officials in Islamabad. O'Neill said Pakistan's cooperation in the fight against terrorism was not tied to debt relief. ``I don't think these are connected subjects,''...