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Lawrence H. Summers

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  • Financial Services Bill Signing
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    Financial Services Bill Signing

    President Clinton and others talked about the Financial Services Bill that would provide greater freedom, competition and consumer protection in the financial services industry. Following…

    580 views
  • Russian Corruption and Money Laundering Panel 1
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    Russian Corruption and Money Laundering, Panel 1

    Secretary Summers testified about recent allegations that Russian officials had laundered money through U.S. banks. While defending Clinton administration policies of promoting democracy in…

    166 views
  • Secretary of Treasury Confirmation Hearing
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    Secretary of Treasury Confirmation Hearing

    Undersecretary Summers testified about his nomination to replace Secretary Rubin as Secretary of the Treasury. During the hearings he focused on his career and his service at the Department…

    61 views
  • Social Security Symposium
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    Social Security Symposium

    In the first panel, Mr. Apfel talked about the necessity of Social Security for the support of the elderly, disabled and others, but he explained that Social Security alone is not enough for…

    60 views
  • The Asian Economic Crisis
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    The Asian Economic Crisis

    Witnesses testified regarding lessons learned from the Asian economic crisis and the actions of the International Monetary Fund in resolving the crisis. They focused on the need for…

    56 views
  • Treasury Secretary Resignation
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    Treasury Secretary Resignation

    Secretary Rubin announced his resignation, saying that he was privileged to serve during a period of remarkable economic growth. President Clinton praised him for his achievements and…

    54 views
  • Terrorism Threat
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    Terrorism Threat

    Treasury Department officials talked with reporters about U.S. border security and terrorism. They also presented awards to three customs inspectors responsible for the arrest of Ahmed…

    47 views
  • Outlook for the World Economy
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    Outlook for the World Economy

    Panelists discussed the Asian economic crisis and how it affected the global economy. They said that a new international financial architecture should be created to regulate the markets to…

    45 views
  • Unveiling of Redesigned Paper Currency
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    Unveiling of Redesigned Paper Currency

    Secretary Summers unveiled new designs for $5 and $10 bills. The new design was created to foil counterfeiters who use more sophisticated technology to reproduce the older bills.

    39 views
  • Social Security Legislation
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    Social Security Legislation

    Witnesses testified about President Clinton’s Social security plan. Among the issues they discussed were using budget surpluses to strengthen the system, Medicare reform, and ensuring the…

    39 views
  • Trade and Economic Agenda
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    Trade and Economic Agenda

    Secretary Rubin testified that open trade and open markets at home and abroad are beneficial to the economy of the United States. Secretary Daley testified to the importance of the present plan…

    38 views
  • Developing Nations Debt Relief
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    Developing Nations Debt Relief

    President Clinton spoke about the need to help developing countries get out of debt and improve their economies. He stressed that these nations can not address reform in education or…

    36 views
  • Social Security Reform
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    Social Security Reform

    Witnesses testified about plans to use budget surpluses to save Social Security and Medicare as the baby boom generation approaches retirement age. Mr. Summers presented the president’s…

    31 views
  • Global Economics
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    Global Economics

    Secretary Summers talked about how the U.S. engages with the rest of the world in a global economy. He talked about the important role of the U.S. in global integration. He also focused on…

    25 views
  • Bureau Director SwearingIn
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    Bureau Director Swearing-In

    Treasury Department officials honored Mr. Magaw’s service and accomplishments during his tenure as director of the Bureau of Alcohol, Tobacco, and Firearms. Mr. Magaw reflected on his…

    24 views
  • Budget Issues
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    Budget Issues

    Members of the President’s economic team briefed reporters on the federal budget and tax policy, including Medicare and Social Security initiatives. Mr. Lockhart took reporter questions.

    22 views
  • Financial Services Legislation
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    Financial Services Legislation

    Secretary Summers and Senator Sarbanes talked to reporters about the signing of the Financial Services legislation into law. They focused on how the bill promote competition and removes…

    15 views
  • Treasury and Economic Issues
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    Treasury and Economic Issues

    Mr. Summers discussed news stories and global economic issues. He talked about the state of the Treasury Department and its budget. He responded to audience telephone calls, faxes, and…

    13 views
  • Budget Issues
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    Budget Issues

    Mr. Summers spoke about the federal debt reduction and its relationship with reducing poverty.

    11 views
  • Tax Cut Legislation
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    Tax Cut Legislation

    Democratic leaders talked to reporters about a Republican proposal for a tax cut. They contrasted that plan to their own saying that the Democratic plan did include a reasonable tax cut and…

    11 views
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