Miller Says IRS Learned Lesson After Scandal

May 17 (Bloomberg) -- Steven Miller, who is being forced out as acting commissioner of the Internal Revenue Service, said the agency has learned its lesson from the scandal involving selective scrutiny of tax-exempt groups. Miller, testifying before the House Ways and Means Committee in Washington, said "foolish mistakes were made by people trying to be more efficient." (This is an excerpt from the hearing. Source: Bloomberg)
ECB's Mario Draghi News Conference: QE, Euro-Area Economy
55:39 - European Central Bank President Mario Draghi speaks about monetary policy and the euro-area economy at the ECB's six-weekly news conference in Frankfurt. Draghi unveiled a revamp of quantitative easing to allow for more purchases of each euro member’s debt as the weaker global outlook prompted a wholesale reduction of officials’ economic forecasts through 2017. (This is the full news conference. Source: ECB)
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