US Treasury secretary headed to Europe for finance talks

AP News
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Posted: Jul 08, 2016 6:06 PM

WASHINGTON (AP) — The U.S. Treasury Department says Secretary Jacob Lew will meet with officials in London, Paris, Berlin and Brussels next week to discuss ways to promote "economic stability and shared economic growth" in the wake of the vote in Britain to leave the European Union.

Treasury said that Lew would meet with finance ministers as well as business leaders and financial market participants in each of the cities he visits starting on Monday.

President Barack Obama had urged British voters to reject a move to leave the EU but after the June 23 vote, administration officials have stressed that they will work with both the EU and Britain with a goal of keeping the exit move from derailing global economic growth.