WASHINGTON (AP) — U.S. Treasury Secretary Jacob Lew says that the decision of British voters to leave the European Union is "an additional headwind" for the U.S. and global economies but "there is no sense of a financial crisis developing." 
 
 In a CNBC interview Monday, Lew said, "I am not saying there will not be an impact on markets but it has been an orderly impact so far." 
 
 Lew said it would be important for economic policymakers to signal that they are prepared to use the tools they have to promote economic growth and "not overreact to a volatile day here and there." 
 
 Signaling concerns that countries might try to intervene in currency markets for trade advantages, Lew said, "We have made it clear that unilateral actions to intervene would be destabilizing." 
 
 In a later appearance in Washington, Lew said that the Obama administration would work closely with officials in London and Brussels, the headquarters of the European Union, as well as with other major international partners to "ensure continued economic stability, security and prosperity in Europe and globally." 
 
 Lew said he has been in regular contact with finance ministers from other countries as well as financial market participants around the world and "we will continue to consult closely in the days, weeks and months ahead." 
 
 In his interview, Lew said the United States would not offer a suggestion on the timing for Britain's exit from the EU, saying that should be left up to Britain and the EU. He said what would be critical during the transition was maintaining confidence in financial markets. 
 
 Lew signaled that the Obama administration planned to keep pushing for a vote in Congress this year on the Trans Pacific Partnership trade agreement with countries in Asia. Critics have attacked the proposal as a trade deal that will lead to further loss of American jobs and both Hillary Clinton and Donald Trump have come out against the agreement. 
 
 Lew said TPP is "profoundly in the interest of American workers and the American economy" and said it would be a big mistake for America to "step away from the world." ||||| Wall Street isn’t banking on another huge gain in hiring in January that matches the flush of 312,000 new jobs last month. But it’s not because of ...
– It's Day 2 of the new Brexit reality, at least as far as the markets are concerned, and the Dow started the day down roughly 1%, with the drop hovering around 205 points as of this writing at 17,195. The S&P 500 and Nasdaq were down roughly the same percentage. That's thus far more modest than what we saw Friday. The British pound, which last week plunged to its lowest level since 1985, dropped another 2.4% to $1.3352, despite the British Treasury's reassurances that the economy was strong enough to withstand the uncertainty. European stock markets added to their painful losses from Friday, when concern over the vote outcome wiped out $2.1 trillion of stock value from Hong Kong to London to New York, reports the AP. Britain's FTSE 100 was down 1.3% at 6,056 while Germany's DAX shed 1.3% to 9,434 and France's CAC 40 dropped 1.3% as well to 4,053. Meanwhile, in a Monday CNBC interview Treasury Secretary Jacob Lew said that the decision of British voters to leave the European Union is "an additional headwind" for the US and global economies but "there is no sense of a financial crisis developing." He continued, per the AP, "I am not saying there will not be an impact on markets but it has been an orderly impact so far."