Senator Chuck Grassley has written a series of letters to Attorney General Loretta Lynch, Secretary of State John Kerry, and Treasury Secretary Jack Lew demanding answers about a shady uranium deal with a company tied to the Clintons.
Treasury Secretary Jack Lew, a former State Department official, sidestepped questions about Hillary Clinton's exclusive use of a private email address in testimony today on Capitol Hill:
Lew does admit, however, that he emailed with Mrs. Clinton when she was secretary of state. But he refuses to answer more detailed questions.Read more
Treasury Secretary Jack Lew refused to say on national TV this morning whether the politically appointed counsel of the IRS, William Wilkins, has been asked about his participation in the federal agency's scandal:
"Chris, I am leaving the investigation to the proper people who do investigations," said Lew. "I don't think it's appropriate for me to do the investigation."Read more
President Barack Obama's former chief of staff, Jack Lew, the current treasury secretary, said today at a Capitol Hill hearing that he was aware "questions had been raised" about the IRS when he was at the White House:
"I was not aware of this audit until I met with the inspector general on March 15, 2013," Lew says.
A senator follows-up, "Had you heard of anything at the White House regarding -- "Read more
President Obama says he discussed the IRS scandal with Treasury secretary Jack Lew. The thing is, it's a Jewish holiday, Shavout, and Lew is an observant Jew.
As Obama said this evening in his statement about the IRS scandal:Read more
Treasury secretary Jack Lew asked Steven Miller, the acting commissioner of the Internal Revenue Service, to resign his post in response to the reports that the IRS had unfairly singled out conservative non-profit groups for close scrutiny. Miller has resigned, President Barack Obama said in a speech Wednesday night. The New York Times has more:Read more
NBC's David Gregory suggested that the White House is blaming the growing IRS scandal on the Treasury Department for not "deal[ing] with this more quickly":
"David, it's a lot, especially when you begin with Benghazi, move on into the IRS, and now AP/FBI," said anchor Brian Williams. "I looked up in the cable coverage this afternoon, [it] was asking, is this the curse of a second term?"Read more
Jack Lew, who has been nominated as the next treasury secretary, oversaw up as many as a hundred Cayman Island investments when he worked at Citi Bank as chief operating officer of the alternative investment services unit, SEC disclosures reveal. It has previously been reported that Lew himself had been invested in a fund that was based in the Cayman Islands.Read more
In a premature celebration of Chuck Hagel's nomination being voted out of committee, North Korea tested a nuclear weapon last night. At 1:48 a.m., the White House put out a "Statement by the President" denouncing the test. One understands such statements are staff-written. But presumably President Obama stayed up late or was awakened to review personally a statement put out in his name on a serious foreign policy matter.Read more
In the 2008 presidential campaign, Barack Obama called Cayman Island investments "the biggest tax scam on record." Now, in 2013, President Obama has nominated Jack Lew, who had $56,000 in Cayman Island investments, to be the next secretary of Treasury.
Here's Obama making the claim in 2008:Read more
It’s an old basketball adage that teams that apply a full-court press don’t like to be pressed themselves. They like to force the action, not have it forced on them. In a similar vein, those who seek to centralized power by spearheading the passage of new federal laws generally don’t like to obey those laws themselves. Laws are something for other people to dutifully obey — less important people.Read more
Jeff Sessions, the ranking Republican on the Senate Budget Committee, says he will oppose Barack Obama's nomination of Jacob Lew for Treasury secretary. " Sessions released a statement Thursday afternoon criticizing Lew's nomination. Here's an excerpt:
Jack Lew must never be Secretary of the Treasury. His testimony before the Senate Budget Committee less than two years ago was so outrageous and false that it alone disqualifies.Read more
By choosing White House chief of staff Jacob Lew as his new treasury secretary, President Obama is bracing himself to battle congressional Republicans in 2013, not seeking bipartisan compromises with them. If confirmed, Lew would succeed Tim Geithner in the treasury job.Read more
Yesterday on CNN, White House chief of staff Jack Lew defended the Obama administration's involvement in the Fast and Furious scandal by saying that "this administration has been the most transparent ever."Read more
President Obama's first chief of staff Rahm Emanuel once sat on the board of troubled federal mortgage giant Freddie Mac. Bill Daley, the president's chief of staff whose departure was announced today, was previously a top executive at financial firm J.P. Morgan Chase & Co. So of course there should be little surprise that Obama's latest chief of staff, announced today by the president himself, also has deep ties to the financial industry himself.Read more
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