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Michele Davis is a Capitol Hill veteran and Treasury policy director.
(Balls was Gordon Brown's most senior adviser at the time, and played a hugely influential role in determining Treasury policy at the time).
Mr. Gensler, however, said yesterday that it was Treasury policy "to give the market ample notice should we decide to eliminate or curtail a particular issue".
By then Walters had become far better known and was identified as a critic of many aspects of Treasury policy, particularly in relation to exchange rate policy.
Treasury policy has shifted markedly since the period before the referendum, when then chancellor George Osborne warned that leaving the EU would lead to a recession that would force him to impose savings of £30bn in an emergency budget.
It was simple fact: the value of the dollar is determined in the long run not by some Treasury policy but by America's growth rate relative to that of other nations.
Similar(49)
What's the official State Department policy?
The INS policy was "irrational", he said.
Yankees policy is clear.
It contravened BBC policy.
"This is the NUS policy".
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