Topic: Jack Lew

U.S. Treasury Secretary Jack Lew expressed outrage over the European Commission's ruling against Apple, arguing the move infringes on American tax jurisdiction. Critics point to Lew's history as a former Citigroup executive during the 2008 financial crisis as context for his protective stance toward multinational corporations. The U.S. government fears the EU ruling will allow companies to offset European payments against American tax liabilities, reducing domestic revenue.

The U.S. Treasury announces that Harriet Tubman will replace Andrew Jackson on the $20 bill. Treasury Secretary Jack Lew reportedly decided to keep Alexander Hamilton on the $10 bill due to the immense popularity of the Broadway musical "Hamilton," while other bills will be updated to feature suffragettes.

Treasury Secretary Jack Lew discussed plans to feature a woman on US currency, specifically targeting the $10 bill for redesign. While some advocates want a woman on the front of the bill, Lew suggested that women might instead be featured prominently on the back of several different denominations.

The Finnish punk band Pertti Kurikan Nimipäivät (PKN), whose members have Down syndrome, won their national contest to represent Finland in the Eurovision Song Contest. The discussion notes the lack of a formal U.S. presidential proclamation for World Down Syndrome Day on March 21. The band's success is highlighted as a significant cultural event in Europe.

Adam Curry reports on an upcoming joint "war room" simulation between U.S. and UK financial regulators, including Janet Yellen and Jack Lew, to test the response to a large bank failure. The hosts express concern that such drills often precede real-world crises or "cyber attacks." The episode concludes with a final sign-off and a reminder of the show's "Powered by Science" slogan.

The discussion shifts to how a new global currency system might be implemented through climate change policy and carbon pricing denominated in SDRs. Treasury Secretary Jack Lew is reportedly pleading with Congress to pass IMF reforms ahead of a G20 meeting. One host argues this is an elite scam to manage sovereign debt, while the other remains skeptical of its feasibility.

Treasury Secretary Jack Lew's urgent pleas for IMF reform are characterized as a sign of desperation among the global elite. The hosts compare the expertise of government officials to that of physicist Michio Kaku speaking on climate change, suggesting they are "douchebags" operating outside their fields. They conclude that the Federal Reserve and private banks are likely hedging their bets on a new international financial architecture.

Treasury Secretary Jack Lew defends the healthcare.gov rollout, claiming millions of people "rushed" to the site as a positive sign of interest. The hosts perform a mathematical analysis of the administration's claim that the site was designed for 50,000 users per day, concluding that such a capacity would be insufficient to enroll the estimated 34 million uninsured Americans by the March 30th deadline.

The hosts walk through an online survey from the California Republican Party aimed at rebuilding the organization. The discussion shifts to the nomination of Jack Lew as Treasury Secretary, focusing on his unusual "loopy" signature and how it will appear on U.S. currency.

The White House promotional series "West Wing Week" featured President Obama discussing the national budget and education strategy at Parkville Middle School in Maryland. During the presentation, Obama emphasized the need for the United States to "out-hustle" the rest of the world to secure future industries. The rhetoric is mocked for its choice of terminology, suggesting a focus on "scamming" rather than traditional economic competition.