Lew: `I Lost Money' on Cayman Fund, Paid Taxes Owed

Feb. 13 (Bloomberg) -- Jack Lew, President Barack Obama's nominee for U.S. Treasury secretary, said he lost money on an investment in the Cayman Islands and paid taxes owed. Lew, testifying before the Senate Finance Committee, said he wasn't aware of the fund's location when he invested. (This is an excerpt. Source: Bloomberg)

Wall Street Frets Over Health Vote's Impact
30:13 - The S&P 500 Index sought to rebound from its worst selloff of the Trump era, while demand for traditional safe havens like Treasuries and the yen remained robust as Congress scrambled to win support for a Republican health-care bill. Bloomberg's Dani Burger has more on "Bloomberg Markets." (Source: Bloomberg)
  • Bloomberg Markets Trump: First 100 Days 3/23
  • The Wall Street Informant Who Double-Crossed the FBI
  • London Is 'Safest Global City in the World,' Mayor Says