What Happened: Summers, a notable economist and former Treasury Secretary under 44th U.S. President Barack Obama, criticized Trumponomics in a post on X on Monday. According to Summers ...

If you know just one thing about President Obama's nominee for Treasury secretary, Jack Lew, there's a good chance it's this: He has a loopy signature. "The stylish scribble starts off with large ...

Larry Summers, who served as Treasury Secretary during the Clinton administration and Director of the National Economic Council during the Obama administration, responded to Bessent’s comments ...

(CNN)-- President-elect Barack Obama's potential Cabinet is beginning ... Timothy Geithner is "on track" to be offered the treasury secretary post, two sources close to the transition team said ...

In other news Wednesday, Jack Lew, nominee for Treasury Secretary, defended his time as CEO of Citigroup, during which he invested in a Citi fund registered in the Cayman Islands. Also, the Obama ...

Summers, who served as Treasury secretary under President Bill Clinton and director of the National Economic Council under President Barack Obama, took issue with Bessent, who has said prices will ...

SCOTT BESSENT, SECRETARY OF TREASURY: Look, Laura, it was a group decision that President Zelenskyy needed to be moved out of the oval. And I've got to tell you, we were in shock.

What Happened: Lawrence H. Summers, former U.S. Treasury Secretary, lambasted recent tariff policies, warning of potential recession risks and negative long-term consequences. In an interview with ...

Treasury Secretary Scott Bessent privately reassured Republican lawmakers Monday that Elon Musk and his team do not have control over a sensitive government system that manages the flow of ...