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)
China Unveils More Steps to Stop Stock Rout
44:46 - China is unleashing more measures to halt the steepest plunge in stocks in more than two decades. Bloomberg’s Stephen Engle reports on “First Up.” (Source: Bloomberg)
  • E.U. Leaders to Meet to Discuss Next Steps With Greece
  • Greece Won the Battle, But May Lose War: Moshirian
  • The First Move Has to Come From Athens: Piccoli