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November 25, 2020

U.S. Department of the Treasury

Markets cheer Yellen pick for Treasury, seeing her focus on fixing the economy and not politics

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CNBC – For more and to sign up click here Former Federal Reserve Board Chairwoman Janet Yellen Joshua Roberts | Reuters President-elect Joe Biden’s choice of Janet Yellen as Treasury Secretary was seen as a win for markets, since the former Federal Reserve chair should focus on fixing the economy......

Biden chooses former Fed Chair Janet Yellen to be Treasury secretary

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CNBC – For more and to sign up click here Janet Yellen Scott Mlyn | CNBC President-elect Joe Biden has chosen former Federal Reserve Chair Janet Yellen as Treasury secretary, a historic decision that could result in the nation’s first woman to lead the department, according to people familiar with......

Mnuchin says he and GOP leaders will discuss plan to pass targeted stimulus with Democrats’ help

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CNBC – For more and to sign up click here Treasury Secretary Steven Mnuchin said Friday that he and senior GOP lawmakers will attempt to draft a targeted stimulus package with Democrats in the coming weeks. Mnuchin explained that he and White House chief of staff Mark Meadows will later......

Mnuchin’s Fed move is like stripping Titanic of its lifeboats, economist says

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CNBC – For more and to sign up click here US Treasury Secretary Steve Mnuchin walks out of Senate Majority Leader Mitch McConnell’s office at the US Capitol in Washington, DC, on September 30, 2020. Nicholas Kamm | AFP | Getty Images U.S. Treasury Secretary Steven Mnuchin’s decision to allow......

Joe Biden made his pick for Treasury secretary, says he will announce choice soon

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CNBC – For more and to sign up click here WASHINGTON – President-elect Joe Biden said Thursday that he has decided whom he will nominate for Treasury secretary, and that he will make the announcement in the coming weeks. “You’ll soon hear my choice for Treasury, either just before or......

As stimulus talks drag on in Washington, millions of small businesses await guidance on PPP loan forgiveness

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CNBC – For more and to sign up click here As stimulus talks drag on, uncertainty over PPP loan forgiveness grows Search quotes, news & videos Source – Click here for more To Return to the Main Aggregate News Page – click here...

Lobbyists begin to prepare for a potential Biden presidency

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CNBC – For more and to sign up click here Democratic presidential nominee Joe Biden speaks during a drive-in campaign rally at Riverside High School on October 18, 2020 in Durham, North Carolina. Drew Angerer | Getty Images Lobbyists are preparing for a potential Joe Biden presidency as he leads......

Treasury encouraged banks to prioritize PPP loans for existing clients, hurting minority and women-owned small businesses, House report says

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CNBC – For more and to sign up click here The Treasury Department privately encouraged banks to prioritize existing clients when implementing the federal government’s Paycheck Protection Program that provided coronavirus relief to small businesses, according to a report Friday from a House oversight panel. The Trump administration’s directive to......

Lawmakers have been discussing second $1,200 stimulus checks for 5 months. Why those payments are still uncertain

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Trump wants Congress to approve more $1,200 stimulus checks. That may not be easy

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Watch live — Powell and Mnuchin testify before the Senate on the economic recovery

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CNBC – For more and to sign up click here [The stream is slated to start at 10:00 ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chairman Jerome Powell and Treasury Secretary Steven Mnuchin are testifying Thursday before the Senate Banking Committee. The hearing......

House Democrats push to renew efforts for second round of $1,200 stimulus checks

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