Lawmakers Wrapping Up Omnibus Deal, Plan to File Tuesday
Congress
Lawmakers Wrapping Up Omnibus Deal, Plan to File Tuesday

WASHINGTON — House and Senate lawmakers are close to agreement on a $1.4 trillion omnibus spending package for the fiscal year that began Oct. 1 and are planning to file the legislative text on Tuesday, according to sources familiar with... Read More

Congress Close to Breakthrough on Economic Stimulus Proposal
Congress
Congress Close to Breakthrough on Economic Stimulus Proposal
2020-12-05 00:30:20
by Tom Ramstack

WASHINGTON - House Speaker Nancy Pelosi moved a $1.4 trillion relief package closer to approval Friday by joining pandemic assistance and economic stimulus measures into a single bill headed toward a vote in Congress. Negotiations dragged on for months between... Read More

Mnuchin to Put $455 Billion in Funds Out of Yellen's Easy Reach
Economy
Mnuchin to Put $455 Billion in Funds Out of Yellen's Easy Reach

WASHINGTON — Treasury Secretary Steven Mnuchin will put $455 billion in unspent Cares Act funding into an account that his presumed successor, former Federal Reserve Chair Janet Yellen, will need authorization from Congress to use. Mnuchin plans to place the money into the agency's General Fund,... Read More

McConnell Warns White House Against COVID Relief Deal
Congress
McConnell Warns White House Against COVID Relief Deal

WASHINGTON (AP) — Senate Majority Leader Mitch McConnell on Tuesday told fellow Republicans that he has warned the White House not to divide Republicans by sealing a lopsided pre-election COVID-19 relief deal with House Speaker Nancy Pelosi — even as... Read More

Trump Wants Bigger Coronavirus Relief Package; GOP Support Tepid
Economy
Trump Wants Bigger Coronavirus Relief Package; GOP Support Tepid

WASHINGTON -- President Donald Trump continues to move away from his own political party on COVID-19 aid, saying Thursday that he's authorized his top negotiator to offer Democrats more than $1.8 trillion. "Absolutely I would. I would pay more," Trump said in an interview with Fox... Read More

No Airline Aid Bill Without Broader Coronavirus Relief Package, Pelosi Says
Congress
No Airline Aid Bill Without Broader Coronavirus Relief Package, Pelosi Says

WASHINGTON — Speaker Nancy Pelosi quashed talk of a separate bill to mitigate airline industry layoffs without also aiding other industries and households and funding for schools, nationwide COVID-19 testing and more. “There is no stand-alone bill without a bigger... Read More

Mnuchin Says Trump is Pleased with How Recovery is Progressing
Economy
Mnuchin Says Trump is Pleased with How Recovery is Progressing

WASHINGTON — President Donald Trump “couldn’t be more pleased” with how the recovery is progressing but wants more stimulus to move ahead, said U.S. Treasury Secretary Steven Mnuchin, who called on Congress to pass a “targeted” bill. Third-quarter growth will... Read More

Pelosi, Mnuchin Agree to Avoid Government Shutdown in October
Congress
Pelosi, Mnuchin Agree to Avoid Government Shutdown in October

WASHINGTON — House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin have agreed to work to avoid a government shutdown right before the election, and not let the stalemate over virus-relief legislation hold up a vital stopgap spending bill. Their... Read More

Trump, Mnuchin Push Short-Term Aid Package
Economy
Trump, Mnuchin Push Short-Term Aid Package

WASHINGTON — With prospects dim for a broader $1 trillion-plus COVID-19 relief package by the end of the week, President Donald Trump and his top negotiators are talking about a narrow package focused on continuing expanded unemployment benefits and preventing... Read More

Rodney Davis, Fighting a Pandemic at Home and in DC
Spotlight
Rodney Davis, Fighting a Pandemic at Home and in DC
2020-05-08 14:12:00
by Dan McCue

It was cold and rainy in Taylorville, Illinois as Rep. Rodney Davis answered his phone to discuss the new normal that comes with living through a pandemic. As Davis spoke, his wife Shannon was working as a practicing nurse at... Read More

Democrats Urge Mnuchin to Avoid ‘Unreasonable’ Terms on Airlines
Economy
Democrats Urge Mnuchin to Avoid ‘Unreasonable’ Terms on Airlines

WASHINGTON — House Speaker Nancy Pelosi and Senate Democratic leader Chuck Schumer urged the Treasury Department to move more quickly to help airlines to save industry jobs and refrain from imposing “unreasonable conditions” that might spur some carriers to decline... Read More

White House, Congress Agree on $2 Trillion Virus Rescue Bill
Political News
White House, Congress Agree on $2 Trillion Virus Rescue Bill

WASHINGTON (AP) — The White House and Senate leaders of both major political parties announced agreement early Wednesday on unprecedented emergency legislation to rush sweeping aid to businesses, workers and a health care system slammed by the coronavirus pandemic. The urgently... Read More

Mnuchin Warns Turkey 'Powerful Sanctions' Are In Offing for Military Incursion
Foreign Affairs
Mnuchin Warns Turkey 'Powerful Sanctions' Are In Offing for Military Incursion
2019-10-11 21:53:58
by Dan McCue

WASHINGTON - Treasury Secretary Steven Mnuchin told reporters on Friday that President Trump has authorized his department to impose "very significant new sanctions" against Turkey for its military incursion into northern Syria. "I want to emphasize, at this point, we... Read More

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