The US Senate Finance Committee said it will vote Tuesday on the appointment of Jack Lew -- who played an active role in talks that led to massive looming spending cuts -- as Treasury secretary.
Texas governor and Republican presidential candidate Rick Perry will unveil a national flat tax as part of his economic plan, according to the Washington Post.
WASHINGTON — U.S. Treasury Secretary Timothy Geithner warned Republicans that they risk helping to tip the country into recession by failing to back President Barack Obama's jobs bill late Tuesday.
MOUNTAIN VIEW, California — US President Barack Obama on Monday complained that Europe's financial crisis was scaring the world and was rooted in the eurozone's failure to fix its banks.
The eurozone crisis is dragging down growth in the second half of the year but not to the point of recession, the EU said on Thursday as finance ministers headed to key talks on solutions.
