Tag Archive for Treasury Secretary

Obama hopes dim with results of economic missteps – MarketWatch

…[Obama’s] failure to hold financial kingpins accountable for the crisis that spawned the Great Recession was inexcusable. And this failure was compounded by not mounting any significant financial reform but instead passing a Frankenstein bill that — besides not addressing many of the real problems — was unwieldy, unnecessarily complex, and unworkable. It was perhaps…

In Talks, U.S. Highlights Economic Concessions By Chinese – NYTimes.com

By ANNIE LOWREY WASHINGTON — American officials said early Friday that their annual summit meeting on strategic and economic issues with China had resulted in tangible economic concessions, despite the unprecedented diplomatic furor over a Chinese human-rights advocate seeking aid from American officials. The case of the Chinese dissident, Chen Guangcheng, has overshadowed the annual…

Employment Data Saga Continued: Krasting Says Larry Summers Misstates; Stockman Says It Goes Deeper

The Labor Force Participation Rate (LFPR) is a key economic statistic today. Changes in the LFPR are shaping the direction of the capital markets, federal economic policy, monetary policy and, most importantly, politics.

The LFPR hit a new record low …