Post Tagged with: "mnuchin"

Source: Fox Business

Stocks fall as Mnuchin talks stimulus latest

Fox Business

Stocks fell on Wednesday as investors took in another batch of bank earnings and Treasury Secretary Steve Mnuchin cast doubt that additional fiscal stimulus would happen before the election.

The Dow Jones fell 137 points or 0.5%, while …

October 14, 2020 - 2:00 pm Closing Bell Story‎, Economy, Finance
Source: CNBC

‘Now is not the time to worry’ about the fiscal deficit or the Fed’s balance sheet, Mnuchin says


Treasury Secretary Steven Mnuchin told CNBC on Monday that lawmakers should not allow fears over the size of the nation’s deficit or the Federal Reserve’s balance sheet to delay additional Covid-19 relief.

Mnuchin, who with White House chief of …

September 14, 2020 - 2:30 pm Closing Bell Story‎, Economy, Finance
Source: CNBC

Small business loans above $2 million will get full audit to make sure they’re valid, Mnuchin says


Treasury Secretary Steven Mnuchin told CNBC on Tuesday the government will audit any company taking out more than $2 million from the small business loan program.

The government program allows companies to have their loans forgiven, provided they spend …

April 28, 2020 - 2:00 pm Closing Bell Story‎, Finance, Politics & Opinions
Source: Barron's

The Price of Oil Jumped Because the U.S. Might Buy Huge Amounts of It


Oil prices rose Tuesday morning following comments by Treasury Secretary Steven Mnuchin that the U.S. needs to buy even more oil at today’s low prices. Government purchases of huge amounts of oil would essentially equate to a bailout of …