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Musk's DOGE Is Attack On Democracy: Yellen, Rubin, 3 More Ex-Treasury Chiefs
Tuesday, February 11, 2025 - 3:01pm | 1044Five former treasury secretaries are taking aim at the Department of Government Efficiency and Elon Musk for alleged overreach and abuse of powers by the new White House administration. What Happened: Musk has been put in charge of leading the Department of Government Efficiency by President Donald...
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Former Treasury Secretary Warns Against Excessive Trade Restrictions On China: 'Politicians Will Go Beyond Reasonable Boundaries'
Thursday, September 5, 2024 - 9:14am | 505The former U.S. Treasury Secretary, Robert Rubin, has warned U.S. lawmakers about the potential risks of imposing excessive trade restrictions and tariffs on China. What Happened: Speaking at the Bund Summit in Shanghai via video link, Rubin urged for a cautious approach to tariffs, warning against...
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Bill Clinton's Treasury Secretary Warns Of 'Enormous' Market Risks Without Higher Taxes
Thursday, January 25, 2024 - 2:19pm | 555Robert Rubin, Treasury Secretary under former President Bill Clinton, wants the U.S. government to raise taxes to address the country’s federal deficit. The suggestion was likely to be very unpopular with voters and politicians alike in a presidential election year. But Rubin warns of “...
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SALT 2016: What Does Our Next President Need To Do?
Wednesday, May 11, 2016 - 1:43pm | 496The first conversation at SALT 2016 was called "Tomorrowland – Looking Back to Move Forward: A Global Macoreconomic Forecast,” hosted by David Rubenstein. He began by asking what happens after this presidential election -- can we jumpstart the economy? Economist Larry...
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Time for New Ideas in Obama's Economic Team
Wednesday, September 22, 2010 - 1:30pm | 620When Obama chose his economic team upon winning the presidency, the most remarkable thing was how unremarkable his choices were. Most of the team were left over from the Clinton Administration. Bill Clinton and his administration failed to tackle most of the really hard problems facing our nation...
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No Sympathy For Former Citigroup (C) Executives
Thursday, April 8, 2010 - 3:17pm | 121Citigroup’s (NYSE: C) former CEO, Chuck Prince, and former Chairman, Robert Rubin, publicly apologized for the financial crisis. However, this antic cut no ice with the Financial Crisis Inquiry Commission. Chuck Prince said, “Let me start by saying I'm sorry. I'm sorry the financial crisis has had...
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Citigroup (C) To Face Tough Questions From Financial Crisis Panel
Wednesday, April 7, 2010 - 8:21am | 189Current and former executives of Citigroup, Inc. (NYSE: C) may face tougher questions than they expected when they appear before a panel charged with finding the causes of the financial crisis. The Financial Crisis Inquiry Commission plans to ask very pointed questions of eight current and former...