A bipartisan group of lawmakers is urging the U.S. government to block the planned sale of an American company that produces technology for military applications to a venture capital firm with ties to the Chinese government.
Federal officials in February disclosed a document detailing ways in which the Treasury Department might cooperate with billionaire Democratic donor Tom Steyer.
(Reuters) – White House officials and Treasury Secretary Jack Lew will meet with billionaire environmental activist Tom Steyer on Wednesday to discuss climate change, a White House official said.
Rep. Doug Lamborn (R., Colo.) petitioned the Treasury Department on Thursday to sever all government contracts with any company that attempts to conduct business with Iran, according to a letter the lawmaker sent to Treasury Secretary Jack Lew and obtained by the Washington Free Beacon.
President Barack Obama has surrounded himself with a team of loyalists who are more committed to supporting him than running the federal bureaucracy. Meanwhile, long-time Washington officials who have shown shreds of competence in the past are being swept aside.
Appearing on four Sunday news shows, Treasury Secretary Jack Lew addressed questions on the overall state of the economy, the impending debt ceiling debate, and the president’s comments on Washington’s attention to “phony scandals.”
