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U.S.'s Lew talks up policies to spur demand in Europe

By Anna Yukhananov BERLIN/PARIS (Reuters) - U.S. Treasury Secretary Jack Lew on Tuesday urged countries with a trade surplus to boost domestic consumption, underlining a divergence of views between Washington and Europe's economic powerhouse Germany on austerity policies. On his first official visit to Europe, Lew stressed the need to strike the right balance between efforts to support growth while improving strained public finances - a stance that found support in particular from France.

U.S.'s Lew talks up policies to spur demand in Europe

By Anna Yukhananov BERLIN (Reuters) - U.S. Treasury Secretary Jack Lew on Tuesday urged countries with a trade surplus to introduce policies to help domestic consumption, in what appeared to be a prod at Germany. Lew was in Berlin for talks with his German counterpart. Germany has the euro zone's biggest trade surplus and has in the past rebuffed pressure to shift policy to bring about a rebalancing of commercial flows in Europe.

In Berlin, U.S.'s Lew talks up policies to spur demand

By Anna Yukhananov BERLIN (Reuters) - U.S. Treasury Secretary Jack Lew on Tuesday urged countries with a trade surplus to introduce policies to help domestic consumption, in what appeared to be a prod at Germany. Lew was in Berlin for talks with his German counterpart. Germany has the euro zone's biggest trade surplus and has in the past rebuffed pressure to shift policy to bring about a rebalancing of commercial flows in Europe.

In Berlin, U.S.'s Lew talks up policies to spur demand

By Anna Yukhananov BERLIN (Reuters) - U.S. Treasury Secretary Jack Lew on Tuesday urged countries with a budget surplus to introduce policies to help domestic consumption, in what appeared to be a prod at Germany. Lew was in Berlin for talks with his German counterpart. Germany has the euro zone's biggest trade surplus and has in the past rebuffed pressure to shift policy to bring about a rebalancing of commercial flows in Europe.

U.S.'s Lew China visit ends with focus on currency, cyber security

By Anna Yukhananov BEIJING (Reuters) - U.S. Treasury Secretary Jack Lew wrapped up a two-day visit to China on Wednesday having reopened dialogue on pressing issues of economic reform but saying more action is needed on China's exchange rate. Lew, in his first international trip since taking office last month, also raised concerns about security issues involving cyber threats and North Korea.

Trade, economy top agenda as China's Xi meets U.S.'s Lew

By Anna Yukhananov and Aileen Wang BEIJING (Reuters) - China and the United States put trade and economic issues at the top of their diplomatic agenda as President Xi Jinping met U.S. Treasury Secretary Jack Lew on Tuesday and called for the two sides to focus on shared interests rather than differences. The two men stuck resolutely to diplomatic niceties in front of the watching media ahead of what was, for both, their first major international meeting since taking their respective offices.

Senate confirms Jack Lew as new treasury secretary

Washington, Feb 27 (EFE).- The full U.S. Senate on Wednesday confirmed Jack Lew as the country's new treasury secretary by a vote of 71-26. Lew, 57, who was nominated for the post by President Barack Obama in January, had served as White House chief of staff since early 2012. He will replace Timothy Geithner, who had resigned on Jan. 20 after four years at the helm of the department.

Obama double win as Lew confirmed for Treasury post

President Barack Obama's former chief of staff Jack Lew was confirmed Wednesday as the next US Treasury secretary, taking over a key portfolio at a time of deadlock over the budget and debt. The US Senate voted 71-26 -- with support from 20 Republicans -- to confirm Lew, a former White House budget director and Wall Street executive, providing Obama with a second new cabinet appointment approval in as many days. A day earlier, the chamber voted to confirm Chuck Hagel to head the Pentagon, after a contentious, seven-week process.

Jack Lew confirmed as new US Treasury secretary

President Barack Obama's former chief of staff Jack Lew was confirmed Wednesday as the next US Treasury secretary, taking over a key portfolio at a time of deadlock over the US budget and debt. The US Senate voted 71-26 -- with support from 20 Republicans -- to confirm Lew, a former White House budget director and Wall Street executive, providing Obama with a second new cabinet appointment approval in as many days. The Senate voted Tuesday to confirm Chuck Hagel to head the Pentagon, after a contentious, seven-week process.

URGENT ¥¥¥ Jack Lew confirmed as new US Treasury secretary

President Barack Obama's former chief of staff Jack Lew was confirmed Wednesday as the next US Treasury secretary, as he readied for a potentially key role in crucial budget negotiations. A comfortable majority in the US Senate voted to confirm Lew, a former White House budget director and Wall Street executive, providing Obama with a second new cabinet appointment approval in as many days. mlm/adm
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