Follow us on

Where Jacksonville Listens Live for Severe Weather and Breaking News

recent on-air advertisers

Now Playing

News/Talk Radio, WOKV
Where Jacksonville Listens ...

Jack Lew Stories

A list of the most recent stories about Jack Lew.

17 items
Former Secretary of State Hillary Rodham Clinton addresses the Clinton Global Initiative (CGI) Meeting in Chicago, Thursday, June 13, 2013. The former first lady offered her most extensive description of her post-Obama administration agenda since leaving her role as the nation's top diplomat. (AP Photo/Scott Eisen)

Hillary Clinton turning toward nonprofit world

As she considers another White House bid, Hillary Rodham Clinton intends to work in the nonprofit world on issues like improving early childhood education, promoting the rights of women and girls, and finding ways to improve the economy — a set of priorities that could inform a 2016 presidential campaign. ...

The casket of U.S. Sen. Frank Lautenberg is transferred to an Amtrak train en route to Washington D.C. during a Color Guard ceremony at the Frank R. Lautenberg Rail Station Wednesday, June 5, 2013, in Secaucus, N.J. Lautenberg, a Democrat from New Jersey, died Monday at age 89 of complications from viral pneumonia.  He was remembered at his funeral at a New York City synagogue Wednesday as a tenacious champion of several causes including the environment and mass transit. Congress voted in 2000 to rename the station the Frank R. Lautenberg Secaucus Junction Station. (AP Photo/Frank Franklin II)

Final Capitol tribute to late NJ Sen. Lautenberg

Frank Lautenberg on Thursday was remembered by Senate colleagues for his leadership and laughter during nearly three decades serving in the chamber. The liberal Democrat from New Jersey was the Senate's oldest member and the last World War II veteran to serve there. He died Monday at the age of ...

FILE - In this May 2, 2013 file photo, Michael Froman, President Barack Obama's choice to become US Trade Representative, listens as the president speaks in the Rose Garden of the White House in Washington. Forman appears headed for Senate confirmation despite Republican questions about nominee Michael Froman’s investments in a hedge fund in the Cayman Islands, a well-known tax haven. (AP Photo/Carolyn Kaster, File)

USTR nominee asked about offshore investments

Michael Froman, the administration's choice to become the next U.S. Trade Representative, appeared headed for Senate confirmation despite Republican questions Thursday about his investments in a hedge fund in the Cayman Islands, a well-known tax haven. Sen. Orrin Hatch of Utah said he planned to vote for Froman, who most ...

SEC considers tougher rules for money funds

Investors could lose principal from money market investment funds that perform poorly under regulations proposed Wednesday by the Securities and Exchange Commission. But the change would affect mainly institutional rather than individual investors. The SEC voted 5-0 to advance the plan, which would require shares of some money-market funds to ...

US considers tougher rules for money funds

Investors could lose principal from money market investment funds that perform poorly under regulations proposed Wednesday by the Securities and Exchange Commission. But the change would affect mainly institutional rather than individual investors. The SEC voted 5-0 to advance the plan, which would allow shares of some money-market funds to ...

SEC to consider tougher rules for money funds

The Securities and Exchange Commission is expected on Wednesday to propose stricter regulations for money-market mutual funds, hoping to shore up an industry that posed risks to investors at the height of the 2008 financial crisis. SEC officials have yet to make public any proposed changes to its oversight of ...

TRADE NOMINEE HAS $500,000 IN CAYMANS ACCOUNT

c.2013 New York Times News Service WASHINGTON — Michael Froman, a longtime White House economic aide nominated to be President Barack Obama’s trade representative, has nearly half a million dollars in a fund based in the Cayman Islands, according to financial documents provided to the Senate Finance Committee. Froman also ...

US proposes labeling some nonbanks threats

U.S. regulators have proposed that a group of firms that aren't banks be deemed potential threats to the financial system that need stricter government oversight. Big insurers American International Group Inc. and Prudential Financial Inc., and General Electric Co.'s finance arm GE Capital, said they are among the firms. The ...

MEDICARE OUTLOOK IMPROVES SLIGHTLY, REPORT SHOWS

c.2013 New York Times News Service WASHINGTON — The financial outlook for Medicare has improved because of a stronger economy and slower growth in health spending, and the financial condition of Social Security has not worsened but is still unsustainable, the Obama administration said Friday. “The projections in this year’s ...

OUTLOOK FOR MEDICARE HAS IMPROVED A BIT, U.S. ESTIMATES

c.2013 New York Times News Service WASHINGTON — The financial outlook for Medicare has improved because of a stronger economy and slower growth in health spending, and the financial condition of Social Security has not worsened, but is still unsustainable, the Obama administration said Friday. “The projections in this year’s ...

Treasury Secretary Jacob Lew, accompanied by Health and Human Services Secretary Kathleen Sebelius, speaks about Social Security and Medicare, Friday, May 31, 2013, at the Treasury Department in Washington. The government says Medicare's giant hospital trust will not be exhausted until 2026, while the date that Social Security will exhaust its trust fund is unchanged at 2033.  The date for Medicare is two years later than was projected last year.  (AP Photo/Charles Dharapak)

A respite for Medicare; Social Security no worse

Medicare's long-term health is starting to look a little better, the government said Friday, but both Social Security and Medicare are still wobbling toward insolvency within two decades if Congress and the president don't find a way to shore up the trust funds established to take care of older Americans. ...

FEDERAL PROGRAM FOR DISTRESSED HOMEOWNERS IS EXTENDED

c.2013 New York Times News Service WASHINGTON — Despite signs of revival in housing, the Obama administration announced on Thursday an extension of its principal program for helping distressed homeowners to get mortgage modifications and avoid foreclosure. Jacob J. Lew, the Treasury secretary, and Shaun Donovan, secretary of the Department ...

FILE - In this Aug. 2, 2012, file photo, then-Internal Revenue Service Commissioner Douglas Shulman testifies on Capitol Hill in Washington. Shulman heads to Capitol Hill on May 21, 2013, giving lawmakers their first opportunity to question the man who ran the agency when agents were improperly targeting tea party groups. Lawmakers want to know what Shulman knew and when he knew it. They also want to know why Shulman didn’t tell Congress that agents had been singling out conservative political groups for additional scrutiny when they applied for tax-exempt status _ even after he was briefed.  (AP Photo/J. Scott Applewhite, File)

IRS official to take the 5th at House hearing

Summoned by Congress, a key figure in the Internal Revenue Service's targeting of conservative groups plans to invoke her constitutional right against self-incrimination and decline to testify at a congressional hearing on Wednesday. Lois Lerner heads the IRS division that singled out conservative groups for additional scrutiny when they applied ...

Business Highlights

___ JPMorgan's Dimon survives shareholder referendum TAMPA, Fla. (AP) — Jamie Dimon, the CEO and chairman of JPMorgan Chase, easily survived a vote Tuesday that would have called on him to give up his role as chairman of the nation's largest bank. But shareholders sent a message that the bank ...

Former IRS chief: Can't say how targeting happened

The man who led the Internal Revenue Service when it was giving extra scrutiny to tea party and other conservative groups seeking tax-exempt status told Congress on Tuesday that he knew little about what was happening while he was still commissioner. Douglas Shulman, who vacated his position last November when ...

Treasury Secretary Jacob Lew testifies on Capitol Hill in Washington, Tuesday, May 21, 2013, before the Senate Banking Committee hearing. Lew said the Internal Revenue Service's (IRS) targeting of conservative political groups was "unacceptable and inexcusable" and he has directed the agency's acting director to hold people accountable.  (AP Photo/Evan Vucci)

Lew: IRS actions "unacceptable and inexcusable"

Treasury Secretary Jacob Lew says the Internal Revenue Service's targeting of conservative political groups was "unacceptable and inexcusable" and he has directed the agency's acting director to hold people accountable. Lew told the Senate Banking Committee that he has also asked acting director Daniel Werfel to fix any flaws in ...

Lew taps government retiree pension fund

Treasury Secretary Jacob Lew said late Monday he will begin tapping into two government employee retirement funds to buy more time before the U.S. Treasury is faced with the prospect of defaulting on the national debt. In a letter to congressional leaders, Lew said that he would tap the civil ...

17 items
 
 
 

© 2013 Cox Media Group. By using this website, you accept the terms of our Visitor Agreement and Privacy Policy, and understand your options regarding Ad ChoicesAdChoices.