Treasury Secretary Steven Mnuchin said that individuals who reject an offer from their company to return to their jobs after they are laid off due to the pandemic are no longer considered eligible to receive unemployment benefits from the federal government. “If you offer a person a job … and that person does not take […]
The New York Fed Is Exercising Powers Never Bestowed on It by Any Law…
Earlier this month President Trump advanced the view that during a national emergency the President has “total power.” The real power, however, is being exercised by the Federal Reserve Bank of New York (New York Fed) with not so much as one vote by any elected representatives of the citizens of the U.S. The speed […]
Treasury Secretary Steven Mnuchin – Warns Big Business Not to Try and Take Funds from Small Business Relief…
Treasury Secretary Steven Mnuchin calls in to Stuart Varney to provide updates on congressional funding for the Paycheck Protection Program (PPP) and the Small Business Administration relief package. Sec. Mnuchin covers a range of topics from Harvard to oil. After discovering that several large companies have applied to the PPP program, Mnuchin warns them about […]
Treasury Secretary Mnuchin Discusses Timing for Coronavirus Support Funds for Workers and Business…
China Says It’s Reached a Consensus in Principle with the U.S. During This Week’s Trade Talks…
China said Friday that it has reached a consensus with the U.S. in principle after a phone call among high-level trade negotiators this week. The Chinese Ministry of Commerce said Vice Premier Liu He had a phone call with U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin on Friday. It said the two […]
U.S.-China Trade Talks Will Resume in Two Weeks…
U.S. Treasury Secretary Steven Mnuchin said on Monday that he and U.S. Trade Representative Robert Lighthizer would meet with Chinese Vice Premier Liu He for trade talks in two weeks. “It’s actually, I think, it’s not next week, but the following week we’ll be having those talks,” Mnuchin said in an interview with Fox Business […]
Trump and Congressional Leaders Reach Sweeping Budget Agreement…
White House and congressional leaders on Monday clinched a sweeping fiscal deal to lift the nation’s debt limit and dramatically raise federal spending levels. The agreement, negotiated by Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin, is expected to clear both chambers before the August recess — alleviating pressure ahead of a slew of high-stakes […]
Treasury Secretary Mnuchin Outlines New Iranian Sanctions…
Here’s How Hard the Escalating Tariff Fight Will Hit the Economy…
Democrat Richard Neal Issues Subpoenas for Trump Tax Returns…
House Ways and Means Committee Chairman Richard Neal, D-Mass., has subpoenaed the Treasury Department and the IRS to follow up on his request for President Trump’s tax returns. “While I do not take this step lightly, I believe this action gives us the best opportunity to succeed and obtain the requested material,” Neal said in […]
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