President Donald Trump extended Secret Service protection to his four adult children, The Washington Post reported. Mark Meadows, Steve Mnuchin, and Robert O’Brien will also receive the expensive, full-time security detail for six months. The extended security detail could cost taxpayers millions of dollars, especially given how much the Trump […]

Congress has still not reached a new stimulus deal to aid the millions of Americans financially struggling due to the coronavirus pandemic. A bipartisan group of senators unveiled a $US908 billion proposal on Tuesday, though it leaves out $US1,200 direct payments. Time is running out on Capitol Hill to pass […]

In what appeared to be bungled remarks, Treasury Secretary Steven Mnuchin said on Friday that the White House is working to spread the coronavirus. “We’re working on a mass distribution of the virus,” Mnuchin said on CNBC’s “Squawk on the Street.” Presumably, Mnuchin meant to say the White House is […]

At a press conference on Thursday, Rudy Giuliani’s hair dye dripped down his face while he spit conspiracy theories at a crowd of reporters who seemed (at best) embarrassed for him. This is what it looks like when things fall apart. Trump and his people have nothing but lame-duck power […]

Some “encouraging news on testing” came out of the latest discussion between House Speaker Nancy Pelosi and Treasury Secretary Steve Mnuchin on the coronavirus stimulus package. The second stimulus package remains stalled in Congress as Republicans and Democrats deadlock on the size of the plan. Pelosi and Mnuchin spoke Saturday […]

Walmart CEO Doug McMillon on Thursday called on both Democrats and Republicans in Congress to collaborate on a second stimulus package. McMillon’s comment comes as Congress has been slow to negotiate a new stimulus package since implementing the $US2.2 trillion CARES Act in March. Walmart has been one of the […]

House Speaker Nancy Pelosi on Sunday sent a letter to her Democratic colleagues calling the Trump administration’s latest stimulus offer “wholly insufficient.” Over the weekend, the White House proposed a $US1.8 trillion measure, a figure that’s too high for many Senate Republicans and too low for House Democrats. On Sunday, […]

The Treasury has upped its offer on federal coronavirus spending by some $US100 billion as it continues negotiations with Democrats, Roll Call reported. The politics news site reported that Treasury Secretary Steven Mnuchin offered a $US1.62 trillion package when talking to House Speaker Nancy Pelosi on Wednesday. They didn’t reach […]

House Speaker Nancy Pelosi told House Democrats on Monday that Congress would likely not come to a middle ground on another coronavirus stimulus bill until mid-August, Politico reported. “It is my hope we could do it this week … but probably not until next week,” she said, according to Politico. […]

Treasury Secretary Steven Mnuchin on Snday shut down the possibility of extending the $US600 per week unemployment payments for Americans. “Unemployment is supposed to be wage replacement, so it should be tied to some percentage of wage,” Mnuchin said during an appearance on ABC’s “This Week.” According to Trump’s treasury […]

President Donald Trump has repeatedly taken a stand against removing symbols or monuments to the Confederacy. Treasury Secretary Steven Mnuchin on Thursday defended the president in this regard. “We need to have a balanced view of history,” Mnuchin said. As coronavirus continues to devastate communities across the US, and amid […]

Democratic Sen. Sherrod Brown of Ohio grilled Treasury Secretary Steven Mnuchin and Federal Reserve Chairman Jerome Powell on Tuesday over the administration’s coronavirus economic relief efforts. “How many workers should give their lives to increase our GDP by half a per cent?” Brown, the top Democrat on the committee, asked […]

Axl Rose of the legendary rock group Guns N’ Roses on Wednesday described Treasury Secretary Steven Mnuchin as an “a–hole” and escalated his feud with members of the Trump administration. Rose’s terse remark comes one day after President Donald Trump toured a Honeywell mask-making plant in Arizona – where a […]

The Treasury Department plans to borrow $US2.99 trillion in the April-June quarter to pay for the government’s economic-aid measures. Congress has so far allocated nearly $US3 trillion to fiscal relief, and borrowing will likely increase if additional aid is passed. The department also expects to borrow an additional $US677 billion […]

Treasury Secretary Steve Mnuchin said on Sunday that paper stimulus checks had not been issued yet. Concerns emerged last week when senior administration officials told The Washington Post that President Donald Trump asked that his signature appear on the checks, something that could delay the checks. Mnuchin said it was […]

Treasury Secretary Steven Mnuchin on Sunday said the US economy could recover from the novel coronavirus pandemic within “months.” The coronavirus has sent shock waves through businesses and economies across the world in what Mnuchin acknowledged as an “unprecedented time.” Mnuchin also said he was “hopeful” to strike a deal […]

President Trump announced on Friday the formation of a new body he called the “opening our country council,” to include top minds from, medicine, business and economics. Adding a new centre of power could further confuse an already muddled federal response to the crisis. There are already two White House […]