

Economy Nov 20

Senate Majority Leader Mitch McConnell is proposing that Congress funnel $455 billion of unspent small business lending funds toward a new COVID-19 aid package.
By Associated Press
Economy Nov 19

The central bank said it "would prefer that the full suite of emergency facilities established during the coronavirus pandemic continue to serve their important role as a backstop for our still-strained and vulnerable economy.
By Martin Crutsinger, Christopher Rugaber, Associated Press
Economy Oct 08

The Trump administration has blacklisted virtually all of Iran’s financial sector, dealing another blow to an economy that is already reeling under U.S. sanctions. The move will deepen tensions with European nations over Iran.
By Matthew Lee, Associated Press
Nation Sep 24

In our news wrap Thursday, Democrats at a Senate hearing pressed the Trump administration to negotiate a new pandemic relief package. But Treasury Secretary Steven Mnuchin said the country is already “in the midst of the fastest economic recovery from…
Sep 22

By Martin Crutsinger, Associated Press
Both officials stressed that major sectors of the economy were still suffering.
Jul 17

By Martin Crutsinger, Marcy Gordon, Associated Press
Former Federal Reserve Chairs Ben Bernanke and Janet Yellen will testify, starting at 12:30 p.m. ET today. Watch their remarks here.
Jul 17

By Martin Crutsinger, Marcy Gordon, Associated Press
Treasury Secretary Steven Mnuchin urged Congress to quickly enact a new pandemic relief package targeting hardest-hit swaths of the economy, as lawmakers race to stand up federal aid in the face of the latest spike in coronavirus cases across much…
Apr 15

By Andrew Taylor, Associated Press
A key coronavirus rescue fund nearly exhausted, negotiations are accelerating in Washington over President Donald Trump’s $250 billion emergency request to help smaller employers across the country keep workers on their payroll.
Apr 14

By David Koenig, Associated Press
The deals aren't final, but the assistance is almost certain to be a mix of cash and loans, and the government could take a small ownership stake in the leading airlines.
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