from MacroScope:

Common cause for Washington and Tehran in Iraq?

By Mike Peacock
June 16, 2014

Iraq is going up in flames and there appears to be no question of the West putting boots back on the ground in contrast to 2003 when the United States and Britain invaded to topple Saddam Hussein and set in train a decade of chaos that has now exploded again.

from Bethany McLean:

How Ralph Nader learned to love Fannie and Freddie

By Bethany McLean
February 18, 2014

Corrects story issued February 18 in third-to-last paragraph regarding efforts to contact Ralph  Nader.

from MacroScope:

Davos Day Two — Rouhani, Lew and Lagarde

By Mike Peacock
January 23, 2014

Day one in Davos showed the masters of the universe fretting about Sino-Japanese military tensions, the treacherous investment territory in some emerging markets and the risk of a lurch to the right in Europe at May’s parliamentary elections which could make reform of the bloc even harder.

from MacroScope:

Lew’s comes to Europe airing concerns

By Mike Peacock
January 8, 2014

U.S. Treasury Secretary Jack Lew moves on to Berlin then Lisbon after spending yesterday in Paris. There, he urged Europe to do more to build up its bank backstops and capital, a fairly clear indication that Washington is underwhelmed by the German model of banking union which has prevailed.

from MacroScope:

That sinking feeling

By Mike Peacock
January 7, 2014

Euro zone inflation, or deflation, is the focus of the moment.

Germany’s HICP rate fell to 1.2 percent last month, Italy’s hit 0.6 percent and Spain’s just 0.3 in December (not to mention Greece’s -2.9 percent). Today we get the figure for the euro zone as a whole. Forecasts for it to hold at 0.9 percent may now look a little toppy.

from MacroScope:

Data to shape ECB week

By Mike Peacock
January 6, 2014

Euro zone service sector PMIs and German inflation (with the euro zone number to follow on Tuesday) will lay the ground for the European Central Bank’s first policy meeting of the year.

from MacroScope:

Letter of the Lew: Treasury comments on change of guard at troubled IRS

May 17, 2013

Here are comments from a U.S. Treasury official on Secretary Jack Lew’s meeting with incoming Acting IRS Commissioner Daniel Werfel this morning, following a scandal of political targeting that cost the previous acting commissioner his job. Treasury officials knew about the problem as early as last June, according to this report in the Wall Street Journal:

from Tales from the Trail:

Washington Extra – Line dance

February 3, 2011

Here's something that Republicans might want to hear: the White House is promising that its budget will include serious deficit control.

from Tales from the Trail:

Lew’s on deck to take over – but is it the OMB or the MLB?

July 13, 2010

After Spain's victory in the World Cup, LeBron James' move to the Miami Heat and his own golf outing on Sunday, U.S. President Barack Obama clearly has sports on the brain.

from Tales from the Trail:

U.S. officials seek to shelve Karzai tensions

April 16, 2010

Tensions, what tensions?

U.S. Deputy Secretary of State Jack Lew arrived back from Afghanistan and Pakistan on Friday, touting the performance of several ministers in Afghan President Hamid Karzai's government.