IRS Official Lois Lerner Refuses to Testify

May 22 (Bloomberg) -- Lois Lerner, the mid-level Internal Revenue Service official at the center of a controversy over treatment of small government groups, invoked her right not to testify after reading a statement denying that she had committed any crimes. Lois, the director of exempt organizations at the IRS, read her statement before the House Oversight and Government Reform Committee today in Washington. (This is an excerpt from the hearing. Source: Bloomberg)

Did Kuroda's Radical Policy Knowingly Disappoint?
36:27 - The Bank of Japan’s most anticipated policy announcement in years left investors underwhelmed, sparking a surge in the yen and sending government bonds and emerging-market stocks lower. Japan’s currency rallied against all of its 31 major peers after the BOJ kept its government-bond buying target and policy interest rate unchanged, opting instead to increase exchange-traded fund purchases. Mitsubishi UFJ Chief Economist Brendan Brown discusses with Bloomberg's Francine Lacqua on "The Pulse."
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