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Keyword: jacklew

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  • A Trump presidency could mean we never get those epic $20 bills featuring Harriet Tubman

    12/11/2016 4:29:41 PM PST · by Trump20162020 · 98 replies
    Fusion ^ | 12/07/2016 | Charles Pulliam-Moore
    Harriet Tubman, the sword-wielding, gun-toting spy and freedom fighter who led dozens of slaves to freedom in the north after escaping from slavery herself is set to become the first black woman to be featured on American currency—specifically, the $20 bill. According to a new report from TIME, however, the impending inauguration of President-elect Donald Trump and the administrative changes that will come along with it have some within the Department of the Treasury concerned about the future of the new legal tender.
  • Email shows Secretary Clinton helped Joe Wilson get government contracts

    01/12/2016 9:36:52 AM PST · by SeekAndFind · 15 replies
    American Thinker ^ | 01/12/2016 | Rick Moran
    Getting lucrative government contracts is easy – if you know the right people.  And in the case of former ambassador Joe Wilson, husband of former CIA officer Valerie Plame, it was Hillary Clinton who greased the skids so that government contracts could go to business associates and friends. Is this really in the job description of the secretary of state? Daily Caller: Wilson’s requests for help — on behalf of an American engineering contractor he consulted for called Symbion Power — is a recurring theme in each monthly Clinton email dump. The latest two batches of records are no different....
  • Pensions may be cut to 'virtually nothing' for 407,000 people

    05/20/2016 5:05:57 PM PDT · by bkopto · 65 replies
    CNN Money ^ | 5/20/2016 | Katie Lobosco
    The Central States Pension Fund has no new plan to avoid insolvency, fund director Thomas Nyhan said this week. Without government funding, the fund will run out of money in 10 years, he said. At that time, pension benefits for about 407,000 people could be reduced to "virtually nothing," he told workers and retirees in a letter sent Friday. In a last-ditch effort, the Central States Pension Plan sought government approval to partially reduce the pensions of 115,000 retirees and the future benefits for 155,000 current workers. The proposed cuts were steep, as much as 60% for some, but it...
  • Treasury rejects plan to slash Teamsters pension benefits

    05/06/2016 7:34:51 PM PDT · by Olog-hai · 16 replies
    Associated Press ^ | May 6, 2016 6:01 PM EDT | Martin Crutsinger
    The Treasury Department on Friday rejected an effort by the Teamsters Central States Pension Plan to cut benefits for 270,000 retired workers starting in July. Treasury Secretary Jacob Lew said in a letter to members of Congress that while the decision blocks the pending pension cuts, it does not resolve the issue because the pension plan remains severely underfunded and is projected to become insolvent within the next 10 years. …
  • Obama administration proposes rules aimed at tax evasion

    05/06/2016 5:15:43 AM PDT · by Olog-hai · 27 replies
    Associated Press ^ | May 6, 2016 3:29 AM EDT
    The Obama administration has announced a set of financial regulations that would force companies to disclose more information about their owners, part of an effort billed as a crackdown on tax evaders and money launderers. Administration officials announced the new rules Thursday as Treasury Secretary Jacob Lew urged Congress to pass legislation that would further enhance transparency in the U.S. banking system and help law enforcement track down secret owners. […] A second proposed rule would close a loophole that allows a narrow class of foreign-owned companies to avoid reporting to the IRS. […] Treasury also sent new legislation to...
  • Van Susteren: Obama “needlessly dividing the country” by putting Tubman on the $20 bill

    04/21/2016 1:05:13 PM PDT · by Kaslin · 74 replies
    Hot Air.com ^ | April 21, 2016 | ED MORRISEY
    It’s not often that one can take issue with the argument that Barack Obama is needlessly dividing the country, but this might be the exception. The US Treasury has decided to honor Harriet Tubman, the woman who helped innumerable slaves escape to freedom, by putting her face on the $20 bill, replacing President Andrew Jackson. Right now, more people are concerned about finding their next $20 bill than are emotionally invested on whose face will be peering back at them when they get it. Greta van Susteren, however, argues that Obama and Treasury Secretary Jack Lew are dividing the country...
  • Harriet Tubman will replace Andrew Jackson on the $20 bill

    04/20/2016 9:22:20 AM PDT · by ChicagoConservative27 · 211 replies
    Harriet Tubman is going to replace former President Andrew Jackson on the $20 bill, according to a report. Treasury Secretary Jack Lew is expected to make the announcement on Wednesday, according to Politico. Sources told the site that he has also decided to keep Alexander Hamilton on the front of the $10 bill.
  • The New $20 Bill

    04/17/2016 6:40:03 PM PDT · by huckfillary · 45 replies
    Artful Dilettante ^ | April 17, 2016 | Artful Dilettante
    As it is now widely known, Treasury Secretary Jack Lew is set to retire Andrew Jackson as the face of the $20 bill, to be replaced by a woman. Lew, a charter member of America's morally challenged Ruling Class, added that the choice would likely be a woman prominent in the nation's struggle for racial equality. Treasury spokepersons, reflecting the glacial-like pace at which the wheels of bureaucracy turn, added that the change would likely not be implemented until circa 2030, and that changes would be coming to other denominations of America's near-worthless fiat currency that would capture a "set...
  • Jack Lew nears decision to keep Hamilton on front of $10 bill, put a woman on the $20

    04/16/2016 9:02:05 PM PDT · by PROCON · 106 replies
    CNN ^ | April 16, 2016 | Kevin Liptak and Antoine Sanfuentes
    Treasury Secretary Jack Lew is expected to announce this week that Alexander Hamilton's face will remain on the front of the $10 bill and a woman will replace Andrew Jackson on the face of the $20 bill, a senior government source told CNN on Saturday. Lew announced last summer that he was considering redesigning the $10 bill to include the portrait of a woman. The decision to make the historic change at the expense of Hamilton drew angry rebukes from fans of the former Treasury Secretary. The pro-Hamilton movement gained steam after the smash success of the hip-hop Broadway musical...
  • EXCLUSIVE: Secret Fed Docs Show Obama Misled Congress, Public During Debt Limit Crises

    01/31/2016 6:45:38 PM PST · by SoFloFreeper · 24 replies
    The Daily Caller ^ | 1/31/16 | Richard Pollock
    Federal Reserve Bank of New York officials secretly conducted real-time exercises during the 2011 and 2013 debt-limit crisis that demonstrated the federal government could function during a temporary shutdown by prioritizing spending, even as Treasury Secretary Jack Lew publicly claimed many times that such efforts were "unworkable," according to a new report by the House Financial Services Committee obtained by The Daily Caller News Foundation. The staff report, to be released Tuesday, charges that Lew and other Obama administration officials deliberately misled Congress and the public during the federal budget and debt limit showdowns in both years. The committee will...
  • EXCLUSIVE: Secret Fed Docs Show Obama Misled Congress, Public During Debt Limit Crises

    01/31/2016 10:11:50 PM PST · by Nachum · 22 replies
    Daily Caller ^ | 1/31/16 | Richard Pollack
    Federal Reserve Bank of New York officials secretly conducted real-time exercises during the 2011 and 2013 debt-limit crisis that demonstrated the federal government could function during a temporary shutdown by prioritizing spending, even as Treasury Secretary Jack Lew publicly claimed many times that such efforts were “unworkable,” according to a new report by the House Financial Services Committee obtained by The Daily Caller News Foundation. The staff report, to be released Tuesday, charges that Lew and other Obama administration officials deliberately misled Congress and the public during the federal budget and debt limit showdowns in both years. The committee will...
  • Democratic lawmaker announces opposition to Iran deal

    07/29/2015 4:28:04 PM PDT · by Impala64ssa · 2 replies
    Times of israel ^ | 7/29/15 | REBECCA SHIMONI STOIL
    NY’s Meng is among first members of her party to buck administration pressure, declare plans to vote against agreement. WASHINGTON — Hours after Treasury Secretary Jack Lew said that he believes he has enough Democratic votes to support a presidential veto should the Iran deal be voted down, a Democratic lawmaker announced Wednesday afternoon that she was opposed to the agreement signed earlier this month. Rep. Grace Meng, a member of the House Foreign Affairs Committee and its subcommittee on the Middle East, wrote in a statement, “I strongly believe the world could and should have a better deal than...
  • [SecTreas] Lew informs Congress he extending debt-limit measures

    07/29/2015 2:40:13 PM PDT · by Olog-hai · 24 replies
    Associated Press ^ | Jul 29, 2015 5:29 PM EDT | Martin Crutsinger
    Treasury Secretary Jacob Lew told Congress on Wednesday that he will extend for another three months the authority he is using to take emergency measures to keep from breaching the nation’s borrowing limit. In a letter to congressional leaders, Lew said he will extend the current debt-suspension period, which was set to expire Friday, through Oct. 30. He said he believes the emergency measures he is using may be sufficient to keep the government operating for a brief period after Oct. 30. Since March 16, Lew has been employing a variety of bookkeeping maneuvers such as removing investments from government...
  • Ten Fold: Loopy Lew dumps founder for feminism

    06/29/2015 7:03:12 PM PDT · by Daniel Clark · 5 replies
    The Shinbone: The Frontier of the Free Press ^ | June 29, 2015 | Daniel Clark
    Ten Fold: Loopy Lew dumps founder for feminism by Daniel Clark So this is what we get from a Treasury secretary who has to learn how to write his own name as part of his on-the-job training. When Jack Lew was appointed, his signature consisted of a lazily scribbled series of eight loops, which more closely resembled a tragic Slinky accident than any person’s name. The only way it came anywhere near spelling a word was if he happened to be quoting Arnold Horshack. (“Oooo! Oooo!”) President Obama joked that when he saw it, “I considered rescinding my offer to...
  • Alexander-the-Not-So-Great: Hamilton Out on $10 Bill

    06/22/2015 11:20:10 AM PDT · by Mozilla · 85 replies
    Breitbart ^ | June 18, 2015 | Jarrett Stepman
    The Treasury Department announced on June 17, that Hamilton would be replaced and diminished on the $10 bill in order to feature a woman to be announced at a later date. The goal is to have new bills out by 2020, the 100th anniversary of the 19th amendment that guaranteed women the right to vote. “Our democracy is a work in progress. We’ve always been committed to a more perfect union,” Treasury Secretary Jack Lew said according to CBS News. ”This decision to put a woman on the $10 reflects our aspirations for the future, as much as it is...
  • The ‘Court Jew’ Controversy Re-Erupts New reality for an old phenomenon: How Obama and Israel

    06/21/2015 10:08:02 AM PDT · by Nachum · 9 replies
    Tablet Mag ^ | 6/16/15 | Lee Smith
    Last week an issue that has simmered for some time in private conversations burst out into the open—in a very unpleasant way. At the Jerusalem Post conference in New York on June 7, Treasury Secretary Jacob Lew offered a stirring defense of the White House’s proposed nuclear deal with Iran—and was nearly booed off the stage mid-speech. It wasn’t civil or nice of the audience to do this, as many pundits have already noted. Then again, many would say it’s not very nice of the Obama Administration to keep trying to sell the currently configured Iran deal to the pro-Israel...
  • Self-Made Verses Entitlement

    12/11/2011 12:06:27 PM PST · by Kaslin · 23 replies
    Townhall.com ^ | December 11, 2011 | Salena Zito
    NEW YORK CITY – “The Grange” in Upper Manhattan is the only home that Alexander Hamilton ever owned. Standing in front of it, an impeccably dressed elderly man says it’s hard to pin down exactly who Hamilton was. “The one thing he wasn’t, was a politician,” said Steve Laise, an historian and park ranger who serves all of New York City’s national park sites. “But, oh, was he brilliant.” Hamilton’s home, newly relocated after being squished between an apartment building and a church a block away, once was a 90-minute carriage ride from lower Manhattan. Over at Federal Hall, where...
  • Kathleen Parker Falsely Claims Alexander Hamilton was an Illegal Immigrant

    11/19/2010 1:12:45 PM PST · by Pyro7480 · 173 replies · 3+ views
    NewsBusters.org ^ | 11/19/2010 | Matthew Balan
    On Thursday's Parker-Spitzer, CNN's Kathleen Parker bizarrely and inaccurately claimed that Alexander Hamilton came to the United States illegally and drafted the Constitution: "Let's remember...a lot of Americans did come through the back door such as Alexander Hamilton. He got off the boat from the West Indies, and all he did was write the Constitution and become the first Secretary of the Treasury." Parker raised this false history during a discussion of Pedro Ramirez, Fresno State University's student body president, who was outed as an illegal immigrant by a student newspaper. After playing clips from Ramirez and his opponent during...
  • America was founded as a protectionist nation

    09/13/2010 10:42:54 AM PDT · by rmlew · 72 replies · 2+ views
    The Daily Caller ^ | 9/13/2010 | Ian Fletcher
    Contemporary American politics is conducted in the shadow of historical myths that inform our present-day choices. Unfortunately, these myths sometimes lead us terribly astray. Case in point is the popular idea that America’s economic tradition has been economic liberty, laissez faire, and wide-open cowboy capitalism. This notion sounds obvious, and it fits the image of this country held by both the Right, which celebrates this tradition, and the Left, which bemoans it. And it seems to imply, among other things, that free trade is the American Way. Don’t Tread On Me or my right to import. It is, in fact,...
  • Theory of a founding father's (Alexander Hamilton)African ancestry

    07/23/2004 1:57:16 PM PDT · by Coleus · 97 replies · 10,413+ views
    The Record ^ | July 23, 2004 | LAWRENCE AARON
    Theory of a founding father's African ancestry Friday, July 23, 2004                                              By LAWRENCE AARONAS MUCH as I thought I knew about Alexander Hamilton, the first treasury secretary, nobody ever told me he was black. Yes. You heard it here first, folks.And you'll think about it from now on every time you take out a $10 bill.Hamilton biographer Ron Chernow is the latest one to explore the theory.I was totally blown away by that information when a friend casually mentioned Hamilton's link to two significant anniversaries - the 250th anniversary of Columbia University, originally Kings College where he was schooled, and...