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How Fed money machine will turn $454 billion into $4 trillion

Treasury Secretary Steven Mnuchin has a favorite talking point: With the Federal Reserve’s help, the government will turn a $500 billion spending package working its way through Congress into a $4 trillion booster shot for the United States economy......»»

Category: topSource: moneycentralMar 26th, 2020

How Fed money machine will turn $454 billion into $4 trillion

Treasury Secretary Steven Mnuchin has a favorite talking point: With the Federal Reserve’s help, the government will turn a $500 billion spending package working its way through Congress into a $4 trillion booster shot for the United States economy......»»

Category: topSource: moneycentralMar 26th, 2020

US Treasuries top 1% after Georgia Senate race ends in "Blue Wave" win for incoming Biden administration

Investors expect a Democrat-controlled Congress to pass more coronavirus relief for the economy so the Federal Reserve is less likely to add stimulus. U.S. Federal Reserve in Washington, D.C., the United States. Xinhua/Getty Imag.....»»

Category: topSource: businessinsiderJan 6th, 2021

US Treasuries top 1% after Georgia Senate race ends in "Blue Wave" win for incoming Biden administration

Investors expect a Democrat-controlled Congress to pass more coronavirus relief for the economy so the Federal Reserve is less likely to add stimulus. U.S. Federal Reserve in Washington, D.C., the United States. Xinhua/Getty Imag.....»»

Category: topSource: businessinsiderJan 6th, 2021

More than 40 public companies giving back PPP coronavirus relief loans as feds threaten penalties

More than 40 public companies are pledging to return money to the government’s small-business coronavirus fund now that Treasury Secretary Steven Mnuchin is threatening criminal prosecutions for violating t.....»»

Category: topSource: chicagotribuneMay 6th, 2020

Trump administration and Democrats near deal for more coronavirus aid to small businesses

Treasury Secretary Steven Mnuchin and Democratic leaders said Sunday they were "very close" to a coronavirus relief deal with about $400 billion more.....»»

Category: topSource: latimesApr 19th, 2020

Small businesses struggle for loans even as $100B is approved

The Trump administration has approved roughly $100 billion of the $350 billion allocated for emergency loans to small businesses devastated by the coronavirus outbreak, Treasury Secretary Steven Mnuchin told lawmakers on Wednesday......»»

Category: topSource: moneycentralApr 8th, 2020

Mnuchin seeks additional $250 billion in small business relief from Congress by Friday

Treasury Secretary Steven Mnuchin said on Tuesday he wants Congress to approve an additional $250 billion for a small business relief program by Friday......»»

Category: topSource: reutersApr 7th, 2020

"I will be watching carefully": Elizabeth Warren just put the Treasury Department and Federal Reserve on notice about the $500 billion corporate bailout fund

Associated Press/Jeff Chiu Warren sent a letter to Treasury Secretary Steven Mnuchin and Federal Reserve Chair Jerome Powell on Tuesday, pressing them to ensur.....»»

Category: topSource: businessinsiderMar 31st, 2020

Mnuchin: Negotiators "very close" to deal on coronavirus stimulus

U.S. Treasury Secretary Steven Mnuchin said on Monday that Republican and Democratic senators and Trump administration negotiators were nearing a deal on a coronavirus stimulus bill......»»

Category: topSource: reutersMar 23rd, 2020

White House outlines tax, stimulus plans to head off coronavirus effects on businesses, "American workers"

The White House today outlined plans to delay tax-filing deadlines and urge Congress to adopt stimulus plans aimed at offsetting the ongoing coronavirus fallout on businesses and "the American worker." U.S. Treasury Secretary Steve Mnuchin said du.....»»

Category: topSource: bizjournalsMar 17th, 2020

Mnuchin backs proposal to double IMF"s crisis fund

U.S. Treasury Secretary Steven Mnuchin on Friday said he welcomes a proposal to double the size of the International Monetary Fund's $250 billion crisis lending fund as part of a deal to maintain overall IMF resources......»»

Category: topSource: reutersOct 18th, 2019

Mnuchin refuses to release Trump"s tax returns to Congress

U.S. Treasury Secretary Steven Mnuchin on Monday denied a leading House Democrat's request for President Donald Trump's tax returns, setting the stage for a lengthy court battle between lawmakers and the Trump administration. Nathan Frandino reports......»»

Category: videoSource: reutersMay 7th, 2019

Treasury Secretary Steven Mnuchin says trade war is 'on hold' after progress in U.S.-China talks

The Trump administration had threatened to impose up to $150 billion in tariffs on Chinese products. China responded by targeting $50 billion in U.S. products.....»»

Category: topSource: usatodayMay 20th, 2018

Steven Mnuchin: We’re Not In A Trade War With China, It’s A Trade Dispute

Treasury Secretary Steven Mnuchin on the Trump administration’s trade negotiations with China. Q1 hedge fund letters, conference,.....»»

Category: blogSource: valuewalkJun 29th, 2018

Bond Report: U.S. 10-year Treasury yield extends climb above 1% as markets eye fiscal stimulus prospects

U.S. Treasury yields rose Thursday as investors monitored the prospects of additional fiscal easing under the upcoming administration of President-elect Joe Biden......»»

Category: topSource: marketwatchJan 7th, 2021

Bond Report: U.S. 10-year Treasury yield jumps above 1% for first time since March with Democrats set to secure Senate

U.S. Treasury yields soar on Wednesday after early voting indicated Democrats were on track to win both Senate seats in Georgia and thus control of Congress, an outcome that would give the Biden administration more room to enact his policy agenda......»»

Category: topSource: marketwatchJan 6th, 2021

Dow, S&P 500 hit records as oil pops and stimulus checks go out

Stocks march higher after Treasury Secretary Steven Mnuchin said direct stimulus payments to Americans would begin immediately......»»

Category: topSource: foxnewsDec 30th, 2020

Stocks near records as coronavirus stimulus checks roll out

Stocks march higher after Treasury Secretary Steven Mnuchin said direct stimulus payments to Americans would begin immediately......»»

Category: topSource: foxnewsDec 30th, 2020

: $600 stimulus payments will start going out tonight, Mnuchin says

The $600 payments will arrive via direct deposit in some people's accounts as soon as tonight, Treasury Secretary Steve Mnuchin said in a tweet, and will continue into next week......»»

Category: topSource: marketwatchDec 30th, 2020