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Saturday, May 18, 2013 | 10:01 p.m.

Jack Lew Stories

A list of the most recent stories about Jack Lew.

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President Barack Obama walks in to speak on the Internal Revenue Service's targeting of conservative groups for extra tax scrutiny in the East Room of the White House in Washington, Wednesday May 15, 2013. Obama announced the resignation of Acting IRS Commissioner Steven Miller, the top official at the IRS.  (AP Photo/Susan Walsh)

Obama picks budget official to run troubled IRS

President Barack Obama picked a senior White House budget official to become the acting head of the Internal Revenue Service on Thursday, the same day another top official announced plans to leave the agency amid the controversy over agents targeting tea party groups. Obama named longtime civil servant Daniel Werfel ...

AP source: Obama to tap Werfel as acting IRS head

President Barack Obama will appoint senior White House budget officer Daniel Werfel to be acting commissioner of the Internal Revenue Service, a White House official says. Werfel will replace Steven Miller, ousted Wednesday amid revelations that the IRS improperly singled out conservative groups for special scrutiny. The 42-year-old Werfel is ...

IRS official backs out of Mass. law graduation

A high-ranking Internal Revenue Service official at the center of a scandal into revelations that the agency improperly scrutinized conservative groups has bowed out of her commitment to deliver the keynote address at a Massachusetts law school's commencement. Western New England University School of Law officials said Thursday that Lois ...

Ouster of IRS official isn't ending investigations

Don't look for the outcry over the Internal Revenue Service's improper targeting of tea party groups to subside with the ouster of the agency's acting commissioner. Three congressional committees are investigating and the FBI is looking into potential civil rights violations at the IRS, Attorney General Eric Holder said. Other ...

Attorney General Eric Holder pauses during a news conference at the Justice Department in Washington, Tuesday, May 14, 2013. Holder said he's ordered a Justice Department investigation into the Internal Revenue Service's targeting of conservative groups for extra tax scrutiny.   (AP Photo/J. Scott Applewhite)

IRS commissioner ousted over tea party targeting

Hurrying to check a growing controversy, President Barack Obama ousted the acting commissioner of the Internal Revenue Service late Wednesday amid an outcry over revelations that the agency had improperly targeted tea party groups for scrutiny when they filed for tax-exempt status. Obama said Treasury Secretary Jacob Lew had asked ...

The John Weld Peck Federal Building, shown Tuesday, May 14, 2013, in Cincinnati, houses the main offices for the Internal Revenue Service in the city. The IRS apologized Friday for what it acknowledged was "inappropriate" targeting of conservative political groups during the 2012 election to see whether they were violating their tax-exempt status. In some cases, the IRS acknowledged, agents inappropriately asked for lists of donors. The agency blamed low-level employees in a Cincinnati office, saying no high-level officials were aware.(AP Photo/Al Behrman)

Obama: IRS acting commissioner being ousted

President Barack Obama on Wednesday announced the ouster of the top official at the Internal Revenue Service following disclosures that the agency targeted conservative political groups. Obama, who has been criticized for appearing passive in his response to the matter, declared, "I am angry about it" and said the American ...

Attorney General Eric Holder pauses during a news conference at the Justice Department in Washington, Tuesday, May 14, 2013. Holder said he's ordered a Justice Department investigation into the Internal Revenue Service's targeting of conservative groups for extra tax scrutiny.   (AP Photo/J. Scott Applewhite)

Justice investigating IRS targeting of tea party

The Justice Department is investigating the Internal Revenue Service for targeting tea party groups for extra scrutiny when they applied for tax exempt status, Attorney General Eric Holder said Tuesday, widening a probe that includes investigations by three committees in Congress. Ineffective management at the IRS allowed agents to improperly ...

Asia stocks rise on US retail sales gain

Asian stock markets rose Tuesday after data showed U.S. consumers revved up their retail spending last month. The Commerce Department in Washington said retail sales increased 0.1 percent in April from March, an improvement from March's 0.5 percent decline. Economists had forecast that sales declined by 0.3 percent in April. ...

From left, Mervyn King, Governor of the Bank of England, Jim Flaherty, Finance Minister of Canada, Wolfgang Schauble Federal Minister of Finance of Germany and Taro Aso, Finance Minister of Japan, pose for the family group photo at the G7 finance ministers and central bank governors meeting in Aylesbury, England, Friday, May 10, 2013. The role of central banks in shoring up the global economic recovery is set to be a key point of discussion among top financial officials from the world's seven leading economies when they gather in the UK this weekend. In a statement Friday ahead of the Group of Seven's two-day meeting at a country house around 50 miles (80 kilometers) northwest of London, British finance minister George Osborne said the main task officials face over the coming two days is looking at how to "nurture" the recovery. (AP Photo/Alastair Grant, Pool)

G7 says Japan playing by currency rules

Finance leaders from the Group of Seven leading industrial economies say Japan's stimulus policies are directed at boosting its economy out of a two-decade period of stagnation, not an attempt to drive down its currency to make Japan's exports more competitive. At the conclusion of a two-day meeting of leading ...

Desde la izquierda, el ministro de Finanzas de Alemania Dr Wolfgang Schauble, el de Gran Bretaña George Osborne, y la directora gerente del Fondo Monetario Internacional Christine Lagarde, oradores invitados durante una sesión de preguntas y respuestas en la Conferencia de Inversión Global, el jueves 9 de mayo de 2013, en Londres. (Foto AP/Stefan Rousseau) .

Yen in focus as G-7 discusses nurturing recovery

Financial leaders from the world's top seven developed economies are gathering in the U.K. to discuss how to shore up the global recovery just as the stimulus measures of one its members, Japan, has caused its currency to take a dramatic slide. Supporting the global economy and the role of ...

April surplus of $113B lowers US budget deficit

The U.S. government reported a rare surplus of $113 billion for April — the largest in five years and a sign of the nation's improving finances. Steady economic growth and higher tax rates have boosted the tax revenue in recent months, keeping this year's annual budget deficit on pace to ...

Treasury Secretary Jacob Lew's signature is shown on the annual report for the Financial Stability Oversight Council in Washington, on Tuesday, May 7, 2013. Lew may not have succeeded yet in getting a grand budget bargain with Congress, but at least his handwriting is improving. And it is expected to be even better when the time comes for him to affix his "Jacob Lew" to the nation's currency. President Barack Obama joked in January when he nominated Lew for the Treasury post that he had never noticed before how illegible Lew's signature was. Lew's scrawl as OMB director consisted of a series of loops that bore no resemblance to his name. (AP Photo/Jon Elswick)

Treasury Secretary's loopy signature improving

Treasury Secretary Jacob Lew may not have succeeded yet in getting a grand budget bargain with Congress, but at least his handwriting is improving. And it is expected to be even better when the time comes for him to affix his "Jacob Lew" to the nation's currency. Lew's handwriting was ...

Recent editorials published in Nebraska newspapers

The Grand Island Independent. May 5, 2013. Grand Island again vies for Veterans Home Some three years before the Nebraska Legislature gave authorization for construction of the Nebraska Sailors and Soldiers Home in Grand Island, a committee of local citizens was formed to secure land for a state institution that ...

FILE - In this Sept. 2012 file photo, Rep. Melvin Watt of North Carolina addresses the Democratic National Convention in Charlotte, N.C., on Thursday, Sept. 6, 2012.   President Obama intends to nominate Rep. Watt to head the Federal Housing Finance Agency, the government regulator that oversees lending giants Fannie Mae and Freddie Mac, a White House official said Tuesday.  (AP Photo/J. Scott Applewhite)

Congressman, former lobbyist get housing, FCC nods

President Barack Obama acted Wednesday to fill two top regulatory posts, tapping a veteran Democratic congressman to lead the Federal Housing Finance Agency at a pivotal time for the housing market and naming a top campaign fundraiser and former lobbyist to head the Federal Communications Commission. Rep. Melvin Watt, D-N.C., ...

Mexico Central Bank Gov. Agustin Carsten, left talks to International Monetary Fund (IMF) Managing Director Christine Lagarde before a group photo of the G20 finance ministers and central bank governors on the sidelines of their meeting at World Bank Group International Monetary Fund Spring Meetings in Washington, Friday, April 19, 2013. (AP Photo/Charles Dharapak)

World finance leaders issue sober assessment

World finance leaders issued a somber assessment on Saturday of the global economy, saying the recovery remains uneven with growth and jobs in short supply. The steering committee for the 188-nation International Monetary Fund issued a final communique that called for decisive action to bolster growth. However, the major economies ...

World Bank President Jim Yong Kim speaks at a news conference during the Spring Meetings of the World Bank Group and the International Monetary Fund in Washington, Thursday, April 18, 2013. (AP Photo/Charles Dharapak)

G-20 countries pledge stronger efforts

World finance leaders are pledging to pursue further actions to bolster a disappointingly weak global recovery. They also reaffirmed their commitment to avoid using their currencies as an economic weapon to gain unfair advantage in foreign trade. Finance ministers and central bank presidents from the leading rich and developing nations, ...

Japanese Prime Minister Shinzo Abe speaks during a press conference in Tokyo, Friday, April 19, 2013. Abe said reviving Japan's growth will depend on further opening the economy and tapping the underutilized potential of its women and advanced technology. Abe outlined the next steps of his grand plan for restoring Japan's economic power Friday, describing a slew of initiatives he said would help awaken Japan's "sleeping dynamism." (AP Photo/Shizuo Kambayashi)

Japan PM lays out next steps in growth revival

Prime Minister Shinzo Abe outlined the next steps of his grand plan for restoring Japan's economic power in a news conference Friday, naming a slew of initiatives he said would help awaken the country's "sleeping opportunities." Japan's future growth will depend on further opening the economy and tapping the underutilized ...

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