Treasury Exploring Limits on Inversions Without Congress

A worker observes pig heart membrane, or pericardium, that will be used in the production of human heart valve replacements at the Medtronic Inc. assembly plant in Tijuana, Mexico, on Oct. 27, 2014.

Photographer: David Maung/Bloomberg

The U.S. Treasury Department is examining whether it has the authority to bypass Congress and curb corporate inversions, reversing the administration’s prior insistence that it lacked power to act.

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