WATCH: Treasury Secretary Mnuchin urges swift aid bill in Congress hearing
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…
Mnuchin, Schumer rev up talks as small business aid runs dry
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.
Treasury: Major airlines to take $25 billion in aid to meet payroll
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.
WATCH: White House news briefing on U.S. coronavirus response
The White House says it is prepared to launch a $350 billion lending program on Friday that is intended to help struggling small businesses that have been affected by the coronavirus catastrophe.
President Donald Trump is asking Congress to unleash a torrent of emergency economic aid to help people through the financial storm of the coronavirus crisis. Sizable checks directly to Americans are part of the deal he wants.
The White House is proposing a roughly $850 billion economic rescue package Tuesday amid the coronavirus outbreak, a sweeping stimulus for businesses and taxpayers amid unseen since the Great Recession of 2008.
Steven Mnuchin had a day earlier dismissed Thunberg’s suggestion that governments and companies cut back dramatically on fossil fuels with a condescending barb.
Secretary Mnuchin met Monday in Jerusalem with Israeli Prime Minister Benjamin Netanyahu, who called on Washington to impose additional sanctions to halt what he called Iran's "plunge for everything" in the region.
Closer inspection suggests there isn't much substance, at least not yet, to the temporary truce President Donald Trump announced Friday at the White House after the U.S. and China wrapped up their 13th round of trade talks.
Additional Support Provided By:
