Treasury Cracks Down on Tax Inversions

The video covers the President's upcoming address at the United Nations, focusing on climate change and counterterrorism. It also discusses the Obama administration's efforts to curb tax inversion deals, highlighting the role of Treasury Secretary Jack Lew. Finally, it provides an update on the financial market, specifically the Citizens Financial IPO, which is the largest banking IPO since Goldman Sachs in 1999.

What is the significance of the President's address to the United Nations mentioned in the text?

What actions is the Obama administration taking regarding tax inversion deals?

What are the implications of the Treasury Secretary's crackdown on U.S. companies moving their tax base?

How does the text describe the legal limitations faced by the Treasury in addressing tax inversions?

What is the context of the largest banking IPO mentioned in the text?