Steven Mnuchin
WASHINGTON (AP) — Bearing down on a midnight shutdown deadline, top negotiators on a must-pass, almost $1 trillion COVID-19 economic relief package are committed to sealing an agreement Friday as they resolve remaining differences in hopes of passing the legislation... Read More
WASHINGTON (AP) — Congressional negotiators are closing in on a $900 billion COVID-19 economic relief package that would deliver additional help to businesses, $300-per-week jobless checks and $600 stimulus payments to most Americans. But there was no deal quite yet.... Read More
WASHINGTON - A bipartisan group of lawmakers from both the House and Senate circulated details of the $908 billion coronavirus relief proposal, though significant hurdles to its passage remain. Among them is the fate of proposed aid to state and... Read More
WASHINGTON — Democrats and Republicans split on Treasury Secretary Steven Mnuchin's decision to end most of the emergency lending facilities established at the onset of the coronavirus pandemic at a Senate hearing Tuesday. "Even the Chamber of Commerce said that shutting down the emergency lending programs 'closes the door on important... Read More
WASHINGTON - Republican and Democratic senators were joined by members of the House Problem Solvers conference Tuesday to endorse a $908 billion COVID economic relief bill they say should carry the nation into the early spring. The proposal, described by... Read More
WASHINGTON — The Trump administration is stepping back from negotiations on a new stimulus package and leaving it up to Senate Majority Leader Mitch McConnell to revive long-stalled talks with House Speaker Nancy Pelosi, according to people familiar with the situation. While the White House probably... Read More
House Speaker Nancy Pelosi said the chamber could pass a pandemic relief plan this week, though a deal with the White House remains elusive and the Republican-led Senate might not act before the Nov. 3 U.S. election. Pelosi and White House Chief of Staff Mark Meadows accused each other of "moving the... Read More
WASHINGTON — Treasury Secretary Steven Mnuchin offered a $1.62 trillion COVID-19 relief proposal in talks with Speaker Nancy Pelosi on Wednesday, offering more state and local assistance than GOP negotiators have to-date in a sign of potential progress toward a... Read More
WASHINGTON - The Senate voted to advance a stopgap spending bill Tuesday night, the penultimate step to avoiding a government shutdown at midnight Wednesday. The vote to limit debate on the measure paves the way for a final vote in... Read More
Senate Republicans hope to vote next week on a so-called “skinny” coronavirus stimulus package even as the gap between the White House and Democrats remains as wide as ever. Sen. John Barrasso, R-Wyo., a close ally of Majority Leader Mitch... Read More
WASHINGTON -- Members of Congress directed tough questions at the U.S. Treasury secretary Tuesday about fraud and abuse in the Trump administration’s coronavirus relief program. They said billions of dollars intended to protect jobs and family homes were being diverted... Read More
WASHINGTON — The Trump administration agreed on Friday to pursue bipartisan talks with members of the House and Senate on an interim bill to boost funding to the federal government's $350 million "Paycheck Protection" program. Senate Minority Leader Chuck Schumer... Read More
WASHINGTON - Treasury Secretary Steven Mnuchin said Thursday he believes the U.S. could reopen for business in May, following a near halt caused by the coronavirus outbreak. During an extended interview on CNBC's "Squawk on the Street" program, Mnuchin said... Read More
WASHINGTON - The Trump administration announced Tuesday that individuals and businesses will be allowed to delay paying their 2019 tax bills for 90 days past the usual April 15 deadline to July 15. The extension is an effort to inject... Read More
WASHINGTON - The federal deficit for fiscal year 2019 was $984 billion, $205 billion more than in the prior fiscal year, Treasury Secretary Steven Mnuchin announced Friday afternoon. The final accounting from the Treasury Department of the Office of Management... Read More
WASHINGTON — Donald Trump has for weeks been privately testing the idea of replacing his chief of staff, Mick Mulvaney, who’s swiftly fallen out of favor with some of the president’s allies after high-profile stumbles handling the House impeachment inquiry.... Read More
WASHINGTON - The House on Thursday approved a deal to lift the nation's debt ceiling and raise caps set on federal spending for the next two years. But even as the votes were being cast on the measure, members of... Read More
WASHINGTON - House Majority Leader Steny Hoyer said Tuesday a bipartisan agreement on budget caps and the federal debt limits hashed out Monday night is an example of what can happen when elected officials "work together in good faith" for... Read More
Representative Richard Neal, D-Mass., chairman of the House Ways and Means Committee Friday issued subpoenas for six years of President Donald Trump's tax returns. The subpoenas give Treasury Secretary Steven Mnuchin and IRS Commissioner Charles Rettig until 5 p.m. next... Read More
High stakes trade talks between the United States and China ended Friday with no agreement in sight and mixed signals from the White House in regard to where things stand. In a pair of tweets sent shortly before the markets... Read More
