Despite talks over a two-day period to reach a compromise on a new stimulus package, House Speaker Nancy Pelosi (D-California) and Treasury Secretary Steven Mnuchin failed to strike a deal, CNBC reported. Earlier on Wednesday (Sept. 30), Mnuchin expressed hope that an accord could be crafted that...
U.S. Treasury Secretary Steven Mnuchin said the administration is considering reimbursing businesses whose storefronts were damaged in the recent rioting over the death of George Floyd at the hands of Minneapolis police. “There is some discussion over whether we should allow the damage costs to...
In an interview, U.S. Treasury Secretary Steven Mnuchin predicted that the economy would be improving “as we go into the summer and we reopen the economy.” Speaking for the Trump administration, Mnuchin said that “we’re very sympathetic to all the workers who this is impacting,...
Treasury Secretary Steve Mnuchin says $1,200 stimulus checks from the government were sent in error, and relatives and family members should return the money. Mnuchin told The Wall Street Journal that the surviving relatives of the deceased people receiving the checks “aren’t supposed to keep”...
May 27, 2019
Trade wars leave casualties on the economic battlefield, wounding balance sheets and earnings as the costs to import (and sell) goods mounts. That’s especially true for retailers caught in the cross-hairs of the ongoing skirmish between China and the United States, where the latest (and forthcoming) round of tariffs is hitting some of the biggest U.S. players right in the margins.
September 30, 2020
Despite talks over a two-day period to reach a compromise on a new stimulus package, House Speaker Nancy Pelosi (D-California) and Treasury Secretary Steven Mnuchin failed to strike a deal, CNBC reported. Earlier on Wednesday (Sept. 30), Mnuchin expressed hope that an accord could be crafted that would satisfy Democrats and Republicans on Capitol Hill. He told […]
June 11, 2020
U.S. Treasury Secretary Steven Mnuchin said the administration is considering reimbursing businesses whose storefronts were damaged in the recent rioting over the death of George Floyd at the hands of...
May 11, 2020
In an interview, U.S. Treasury Secretary Steven Mnuchin predicted that the economy would be improving “as we go into the summer and we reopen the economy.” Speaking for the Trump...
April 29, 2020
Treasury Secretary Steve Mnuchin says $1,200 stimulus checks from the government were sent in error, and relatives and family members should return the money. Mnuchin told The Wall Street Journal...