Posted in coronavirus Donald Trump Economy Jobs Paycheck Protection Program Politics steven mnuchin

Carney: Media Outraged Because Coronavirus Loans Worked

The Trump administration’s signature relief program for small businesses came under relentless assault and media-manufactured outrage this week after the Treasury Department released the names…

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Posted in coronavirus Covid-19 Economy Federal Reserve health Jerome Powell Politics Senate Banking Committee steven mnuchin u.s. treasury department unemployment

Treasury, Fed Chair: ‘Permanent Damage’ If Lockdowns Persist, Worst Downturn Since WWII

The economic downturn from the novel coronavirus pandemic is “without modern precedent” and “significantly worse than any recession” the U.S. has experienced since World War…

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Posted in coronavirus Donald Trump Economy Politics steven mnuchin White House

Steven Mnuchin Unveils Trump Debit Card to Get Coronavirus Rescue Funds to Americans

“In an effort to expedite money to people even quicker in a very safe way, I’m pleased to show you what a debit card looks…

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Posted in Clips coronavirus Economy health steven mnuchin

Mnuchin: ‘Permanent Economic Damage’ if Country Doesn’t Reopen

Treasury Secretary Steven Mnuchin said on “Fox News Sunday,” America could suffer “permanent economic damage,” if we do not reopen the economy amid the coronavirus…

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Posted in Breitbart News Saturday coronavirus Donald Trump Economy Mike Pence Monica Crowley Paycheck Protection Program Politics PPP Radio Reopen America steven mnuchin stimulus checks Treasury Department White House

Exclusive — Treasury’s Monica Crowley on U.S. Reopening: ‘Rebound Will Be, Hopefully, as Quick as the Shutdown’

Treasury Department spokeswoman Monica Crowley told Breitbart News on Saturday that she believes President Donald Trump is perfectly positioned to oversee the reopening of the…

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Posted in Axios bailouts Billionaires Business PPP small business Steve Jobs steven mnuchin Treasury Department

Billionaire-Backed Axios Receives $5 Million ‘Small Business’ Bailout While Struggling Businesses Wait

The digital media outlet Axios recieved $5 million in loans from the Small Business Associaton’s Paycheck Protection Program. That’s more than $25,000 per employee.

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Posted in bailouts Business coronavirus Covid-19 Department of the Treasury Donald Trump Mitch McConnell Nancy Pelosi small business steven mnuchin stimulus Wuhan coronavirus Wuhan virus

The Senate’s Plan To Save Small Businesses Is Already Failing, And Mnuchin Just Made It Worse

The details are out of Treasury now, and it looks like it isn’t going to work for a large number of small business owners after…

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Posted in Chuck Schumer coronavirus Donald Trump Economy health Mitch McConnell Politics Senate steven mnuchin Wuhan virus

Senate Releases $2 Trillion Coronavirus Package

The Senate released the text for the $2 trillion coronavirus package Wednesday evening that would provide immediate economic relief to small businesses and Americans.

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Posted in China Chuck Schumer coronavirus Default Department of the Treasury Donald Trump Economics Economy FDIC Federal Deposit Insurance Company Federal Reserve Great Depression infrastructure Kevin McCarthy Marco Rubio Mitch McConnell Nancy Pelosi steven mnuchin Wuhan virus

The Economic Disaster Media And Washington Haven’t Begun To Notice

Just beyond — and in the midst of — the public health and financial liquidity crises is the expansive and potentially devastating solvency crisis.

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Posted in Department of Treasury Dow Jones Industrial Average Economy New York Stock Exchange Politics steven mnuchin Stock Market

Steven Mnuchin Hints at Shortening Trading Hours but Insists Stock Market Will Remain Open

“We absolutely believe in keeping the markets open,” he said. “Americans need to know that they have access to their money.”

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Posted in coronavirus Covid-19 Donald Trump Economy Politics steven mnuchin

‘Americans Need Cash Now’ — Donald Trump Wants to Send Checks to Households Immediately

President Donald Trump said at the White House Tuesday he wanted the federal government to send direct payments to Americans suffering economically from the coronavirus.

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Posted in coronavirus Economy Education Politics steven mnuchin Student Loan Debt student loans

Coronavirus: Mnuchin Floats Pause on Student Loan Payments

Appearing Friday on CNBC, Treasury Secretary Steven Mnuchin said the Trump administration could provide temporary student loan suspensions to help Americans amid the coronavirus outbreak.

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Posted in Boris Johnson Brexit Donald Trump Economy European Union London / Europe Politics Sajid Javid steven mnuchin UK-U.S. trade deal United Kingdom

Mnuchin: U.S. Will Focus Resources on Developing Important Relationship, Trade Deal, Post-Brexit

Treasury boss Steve Mnuchin has expressed the importance of signing a good trade deal after Brexit as he met his UK counterpart Saturday.

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