Miller, George Testify on IRS Oversight (Part 1)
May 17 (Bloomberg) -- Steven Miller, who is being forced out as acting commissioner of the Internal Revenue Service, and and J. Russell George, inspector general for tax administration at the Treasury Department, testify before the House Ways and Means Committee in Washington about the IRS's selective scrutiny of small-government groups that sought tax-exempt status. (This is the first part of the hearing. Source: Bloomberg)
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How Big of a Problem Are China's Non-Performing Loans?
08:49 - Jonathan Cornish, head of north Asia bank ratings at Fitch Ratings, discusses China's latest debt for equity swap, China's non-performing loans and the outlook for the credit market. He speaks to Bloomberg's Haidi Lun on "Bloomberg Markets." (Source: Bloomberg)