• US made great progress in G20 on currencies
  • China made real progress on currencies
  • Treasury committed to enforcing Iran sanctions

While Jack Lew is still testifying another treasury official is out saying that the US is very actively dissuading oil companies and others from “testing the waters” with Iran.

At the end of November when a deal was struck over all things radioactive the Iranian oil minister was first out the door pimping for businesses interested in getting back into Iranian oil. He hasn’t slept since

;-)