Breaking News Headlines: Treasury's Lew Says Committed to Ending Too Big to Fail

Now watching

Next video starts in : 7 Play

Breaking News Headlines: Treasury's Lew Says Committed to Ending Too Big to Fail

Breaking News Headlines: Treasury's Lew Says Committed to Ending Too Big to Fail
Replay video
Up next

Private sector adds jobs; Wal-mart seeks settlement in Morgan case; Ebola spread boosts biotechs

Private sector adds jobs; Wal-mart seeks settlement in Morgan case; Ebola spread boosts biotechs Up next

Private sector adds jobs; Wal-mart seeks settlement in Morgan case; Ebola spread boosts biotechs

Unlock your personal NFL Now stream by signing in to NFL.com

Breaking News Headlines: Treasury's Lew Says Committed to Ending Too Big to Fail

Wochit 0:59 mins

U.S. Treasury Secretary Jack Lew said that the United States is committed to ending a policy of "too big to fail" where large institutions receive considerable government assistance if they get into trouble. Chinese state-run oil companies are investing $5 billion to develop seven new gas fields in the East China Sea, possibly siphoning gas from the seabed beneath waters claimed by Japan, a move that could further inflame tensions between the two countries. Russian President Vladmir V. Putin said that bilateral relations were more important than the controversy surrounding Edward J. Snowden, the former intelligence contractor. Mr. Putin effectively accused Washington of hypocrisy by providing robust support for human rights advocates in other circumstances but not in a case like Mr. Snowden?s.

View Comments (2)