WATCH: Trump’s chief virus aid negotiator sees ‘a lot of progress’
Treasury Secretary Steve Mnuchin is testifying before the Congressional Oversight Commission Dec. 10 about funds authorized by the CARES Act to provide loans for businesses deemed critical to national security during the coronavirus pandemic.
WATCH: Mnuchin defends shut down of Fed emergency loan programs
Treasury Secretary Steven Mnuchin is defending his decision to close down a number of emergency Federal Reserve loan programs at a time when coronavirus cases are surging.
As virus resurges, so does fear of more economic pain
With confirmed COVID cases surging across the country, there is the risk that the economy could weaken again as more people choose to hunker down at home — and that even more stimulus might be needed next year than negotiators…
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Dayton was still recovering from the 2008 recession. Then COVID-19 hit
When COVID-19 hit Dayton, in Southwest Ohio, the city slashed its budget by millions of dollars, furloughed workers, and is still facing a budget gap despite millions in aid from the federal CARES Act. In the first of a series…
Since the pandemic began, Congress has set aside trillions of dollars to ease the crisis. A joint Kaiser Health News and Associated Press investigation finds that many communities with big outbreaks have spent little of that federal money on local…
Negotiations over the next COVID-19 rescue bill are in flux.
Republicans say the numbers vindicate their decision to take a pause and assess the almost $3 trillion in assistance they already have approved. The White House was already showing little urgency about pursing another trillion-dollar response bill, much less the…
Who will care for the children of working parents when they return to their jobs, if schools and many child care providers remain closed? The CARES Act allocated $3.5 billion to support child care programs, but a national organization says…
Top U.S. economic officials are being pressed for answers about government relief efforts amid COVID-19. Pennsylvania Republican Sen. Pat Toomey sits on the Committee on Banking, Housing, and Urban Affairs, as well as the Congressional Oversight Commission that monitors spending…
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