Steve Mnuchin
The latest news and updates on Steve Mnuchin, the current secretary of the treasury in the administration of President Donald Trump. Before joining the administration, Mnuchin was an investment banker and movie producer. Born December 21, 1962 in New York, New York, Mnuchin is married to actress Louise Linton.
Steve Mnuchin Defends Record U.S. Deficit, Spending: COVID-19 'Like a War'
The treasury secretary said the national debt won't be dealt with until after the COVID-19 pandemic.
Mnuchin Blames Unemployment on Democratic States Not Reopening
The Treasury secretary said he believes "there is no question" ongoing COVID-19 restrictions are "the reason we have unemployment" during a Tuesday congressional hearing.
Pelosi and Mnuchin Push for Stimulus Deal, As Meadows Is Blamed for Delay
Talks for a bipartisan agreement on what stimulus measures to take continue to stall, with both sides calling for compromise.
Congressional Democrats Lead Republicans by 9 Percent in Favorability
More voters said they trust Democrats when it comes to handling jobs, health care and education.
Will Congress Provide Second Stimulus Checks Left Out of Trump's Orders?
"If we can get a fair deal, we're willing to do it this week," Treasury Secretary Steve Mnuchin said.
Trump's Orders Offer No Lifeline for Businesses, Schools and States
"These policy announcements provide little real help to families," Democratic leaders said.
Mnuchin Sees Payback for Payroll Tax Deferrals if Trump Loses Election
After signing his recent executive orders, the president said, "I plan to forgive these taxes and make permanent cuts to the payroll tax."
Where GOP, Democrats Agree, Disagree on Brink of Deal's Collapse
"There's a handful of very big issues that we are still very far apart," Treasury Secretary Steve Mnuchin told reporters.
Without Unemployment Boost, Jobless Households Face August Bills Crisis
5.4 million unemployed Americans could run out of money to pay for things like rent, auto payments, credit cards, health insurance, food, and clothing by the end of this month.
Democrats Warn Stimulus Negotiations Could Drag Into Mid-August
"The speaker of the House and the Democratic Leader are continuing to say 'our way or the highway,'" Senate Majority Leader McConnell said Monday.
Mnuchin Cautions Against Piling on 'Enormous' Debt in Stimulus Deal
Treasury Secretary Steven Mnuchin and House Speaker Nancy Pelosi on Sunday offered widely differing views on what to do about the country's more than 30 million unemployed workers.
Will Unemployment Benefits Be Cut to $200? Democrats Dismiss GOP Package
"If you've lost your job through no fault of your own, Republicans want you to take a 30% pay cut. Can you believe that?" Senate Minority Leader Chuck Schumer tweeted.
New Stimulus Legislation Could Ensure a $450 Per Week Raise—Here's Why
"The check is there, the re-employment bonus is there," White House economic adviser Larry Kudlow said.
Second Stimulus Check Coming in August, But Many Haven't Received First
Treasury Secretary Steven Mnuchin said the next coronavirus relief package is set to be rolled out on Monday.
Trump Will 'Work Very Hard' for Stimulus to Boost Economy, Wilbur Ross Says
The president is "going to work very hard to achieve more stimulus to get the economy back to where it was," the secretary of commerce said.
Maybe It's Time for Mark Zuckerberg to Find a New Day Job
Who got the money in the SBA's Paycheck Protection Program?; Facebook troubles; another way to look at the U.S. COVID stats; and the showdown over unemployment benefits.
Americans May Get Stimulus Checks 'Very Quickly' if Deal Reached: Mnuchin
Treasury Secretary Steve Mnuchin wouldn't give details on what the next round of payments could look like but said the White House does support them.
White House Wants to Address School Reopenings in Next Stimulus Proposal
With parents facing a choice of returning to work or staying home with kids, the White House is hoping to address school reopenings in the next wave of stimulus funding.
Treasury Secretary Mnuchin Says Trump May Consider 'Decoupling' With China
Decoupling, the process of separating two countries' economies and supply chains, would represent a major change in U.S.-China relations.
OK Wall Street: Why Millennials May Be Driving the Market Surge
The truth behind the stock market surge (we think); Jerome Powell testifies; and why Steven Mnuchin doesn't want you to know who got small biz loans.
N.Y. Congressman Asks IRS to Extend Tax Filing Deadline to October 15
Congressman Max Rose urged the IRS and Treasury Department to push back the tax filing and payment date by an additional three months in a letter issued Friday.
Treasury Secretary Mnuchin Says U.S. Can't Shut Down Economy Again
"I think we have learned that if you shut down the economy you're going to create more damage, and not just economic damage," Mnuchin said during an inteview on CNBC.
Millions More Workers Could Lose Jobs Without Aid to Local Governments
More than $1 trillion in additional funding from the federal government will be necessary, the Economic Policy Institute suggested.
Federal Reserve Board Expands Main Street Lending Program
"The expansions announced yesterday to the Main Street Lending Program are the result of an extensive comment period, and are designed to better meet the needs of small and medium-sized businesses," said U.S. Department of Treasury Secretary Steven Mnuchin in a statement.
Mnuchin Says 'Strong Likelihood' of Second Stimulus Bill
Mnuchin said he hoped the next stimulus bill has the "overwhelming bipartisan support" that the CARES Act had.
U.S. Records Largest Budget Deficit in History in April
The Treasury Department reported that the national deficit jumped by $738 billion last month.
Treasury Secretary to California: Do Whatever Tesla Needs to Reopen
Steven Mnuchin called on California to make it possible for Tesla to reopen "quickly and safely" after CEO Elon Musk threatened to move its headquarters out of state.
Fox Anchor Questions Mnuchin Whether Economic Projections Are Realistic
"My numbers aren't rosy," the treasury secretary responded.
Mnuchin Calls For Private Schools With Large Endowments to Return PPP Loans
"It has come to our attention that some private schools with significant endowments have taken #PPP loans," Mnuchin wrote on Twitter, "They should return them."
Bank of America CEO: Economy Won't Fully Rebound Until 'Late Next Year'
Treasury Secretary Steve Mnuchin offered a more optimistic assessment, saying that the economy would "really bounce back in July and August."
