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Steven Mnuchin

77th and current United States Secretary of the Treasury

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Steven Mnuchin: 77th and current United States Secretary of the Treasury
Steven Terner Mnuchin is an American investment banker, movie producer, and public official who is serving as the 77th United States Secretary of the Treasury as part of the Cabinet of Donald Trump. Previously, Mnuchin had been a hedge fund manager and investor.

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Mnuchin gives Trump his own (blank) stimulus debit card [Video]

Mnuchin gives Trump his own (blank) stimulus debit card

U.S. Treasury Secretary Steven Mnuchin on Tuesday said going forward Americans may receive debit cards that will act as a "safe and secure way of delivering refunds."

Credit: Reuters Studio     Duration: 01:04Published
Treasury, Fed heads grilled for coronavirus response [Video]

Treasury, Fed heads grilled for coronavirus response

Treasury Secretary Steve Mnuchin and Federal Reserve Chairman Jerome Powell were in the hot seat Tuesday as they faced senators for the first time in a required update on the financial response to the..

Credit: Reuters - Politics     Duration: 02:47Published
Trump Said He Doesn't Want To Talk To Xi Chinese President [Video]

Trump Said He Doesn't Want To Talk To Xi Chinese President

President Donald Trump said he’s not interested in speaking to Chinese President Xi Jinping. Trump said he might even cut ties with the world’s second largest economy. The president said he was..

Credit: Wochit News     Duration: 00:32Published
White House Mulls More Aid To Americans Struggling With Hunger, Joblessness [Video]

White House Mulls More Aid To Americans Struggling With Hunger, Joblessness

The Trump administration is talking with Republicans and Democrats in Congress about what to include in another round of coronavirus relief legislation. According to Reuters, further US jobs losses are..

Credit: Wochit News     Duration: 00:34Published
Mnuchin Says Audit Will Be Done On Paycheck Protection Program [Video]

Mnuchin Says Audit Will Be Done On Paycheck Protection Program

Treasury Secretary Steven Mnuchin said the U.S. Treasury Department will audit coronavirus loans. He said every loan for more than $2 million given under the Paycheck Protection Program will be looked..

Credit: Wochit News     Duration: 00:32Published
Treasury Secretary Said The Los Angeles Lakers Taking $4.6 Million Loan Was 'Outrageous' [Video]

Treasury Secretary Said The Los Angeles Lakers Taking $4.6 Million Loan Was 'Outrageous'

The Los Angeles Lakers participated in the government relief program meant for small businesses. Treasury Secretary Steven Mnuchin said: "I'm a big fan of the team, but I'm not a fan of the fact that..

Credit: Wochit News     Duration: 00:32Published
White House sees jobless rate hitting 16% or higher in April [Video]

White House sees jobless rate hitting 16% or higher in April

White House advisers hope to come up with several options to present to President Donald Trump for "big thoughtful policies" to help rebuild confidence in an economy battered by the coronavirus..

Credit: Reuters - Politics     Duration: 01:28Published
CEOs Don't Agree With Returning Back To Work By The End Of The Summer [Video]

CEOs Don't Agree With Returning Back To Work By The End Of The Summer

Treasury Chief Steven Mnuchin said he expects the U.S. economy to reopen by the end of the summer. According to Business Insider, several CEOs don’t think that’s actually going to happen. CEOs..

Credit: Wochit News     Duration: 00:32Published
U.S. Senate passes $500 bln coronavirus aid package [Video]

U.S. Senate passes $500 bln coronavirus aid package

The U.S. Senate on Tuesday unanimously approved $484 billion in fresh relief for the U.S. economy and hospitals hammered by the coronavirus pandemic, sending the measure to the House of Representatives..

Credit: Reuters Studio     Duration: 02:27Published
Mnuchin Gives Opinion When Economy Can Reopen [Video]

Mnuchin Gives Opinion When Economy Can Reopen

On Thursday, Treasury Secretary Steven Mnuchin talked about when he feels the economy will be ready to open. In a chat with CNBC's Jim Kramer Mnuchin said the US economy could reopen in May. That is,..

Credit: Wochit News     Duration: 00:37Published
Stocks erase stellar gain to close lower [Video]

Stocks erase stellar gain to close lower

The Dow gave up a more than 900-point rally to close the day lower in volatile trade. Conway G. Gittens has the numbers.

Credit: Reuters Studio     Duration: 02:01Published
You Now Have Until July 15 To File Your Taxes [Video]

You Now Have Until July 15 To File Your Taxes

The Internal Revenue Service is giving Americans until July 15 to file and pay federal taxes. According to Business Insider, the decision to extend the tax deadline is in response to the COVID-19..

Credit: Wochit News     Duration: 00:32Published
U.S. launching $350 bln small business loan program [Video]

U.S. launching $350 bln small business loan program

U.S. Treasury Secretary Steven Mnuchin announced on Thursday (April 2) that they would be pressing ahead with launching a nearly $350 billion loan program for small businesses on Friday (April 3)...

Credit: Reuters - Politics     Duration: 01:32Published
Warren Says She Will Watch Over Corporations Loans 'Carefully' [Video]

Warren Says She Will Watch Over Corporations Loans 'Carefully'

Sen. Elizabeth Warren wants corporations getting money from the stimulus package to use it responsibly. She wrote a letter to Treasury Secretary Steven Mnuchin and Federal Reserve Chair Jerome Powell...

Credit: Wochit News     Duration: 00:32Published

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Mnuchin sees U.S. economic bottom in second quarter, 'gigantic increase' fourth quarter

U.S. Treasury Secretary Steven Mnuchin said on Thursday he believes the U.S. economy will "bottom out" in the second quarter and start to improve with the third quarter, with a "gigantic increase" in..
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Mnuchin defends U.S. fiscal response to pandemic, seeks payroll loan extension

U.S. Treasury Secretary Steven Mnuchin on Tuesday defended the Trump administration's fiscal response to the coronavirus pandemic and told senators he was willing to consider extending and modifying a..
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Fed, Treasury chiefs face heat over uneven U.S. coronavirus response

Federal Reserve Chair Jerome Powell and Treasury Secretary Steven Mnuchin found themselves in the hot seat on Tuesday as U.S. lawmakers grilled them about the uneven nature of the fiscal response to..
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Powell, Mnuchin face Senate grilling on U.S. coronavirus response

The U.S. government's handling of its massive economic response to the coronavirus pandemic will come under scrutiny on Tuesday as Treasury Secretary Steven Mnuchin and Federal Reserve Chair Jerome..
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Mnuchin says seeing large second quarter unemployment, negative economic data

U.S. Treasury Secretary Steven Mnuchin said on Tuesday that he is continuing to see large unemployment numbers and other negative economic indicators during the second quarter, but the situation is..
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U.S. has no need to buy back debt, will take advantage of low interest rates: Mnuchin

U.S. Treasury Secretary Steven Mnuchin said on Monday he sees no need for the country to buy back debt and that he plans to borrow money long-term to lock in low interest rates, as the coronavirus..
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U.S. unemployment rate will get worse, Treasury's Mnuchin says

The staggering U.S. unemployment rate reported by the government on Friday amid coronavirus lockdowns may get even worse, Treasury Secretary Steven Mnuchin said on Sunday.
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Axl Rose and Steven Mnuchin in coronavirus Twitter spat

Guns n' Roses singer Axl Rose insulted Mnuchin over the government's handling of the pandemic.
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U.S. Treasury's Mnuchin says Trump eyeing restaurant tax changes, travel boost

Treasury Secretary Steven Mnuchin on Monday said bipartisan discussions are underway over whether more U.S. government relief funding is needed amid the nation's novel coronavirus outbreak, but that..
Reuters - Published

U.S. Treasury's Mnuchin cautious on need for more federal coronavirus relief aid

U.S. Treasury Secretary Steven Mnuchin on Monday said bipartisan discussions have begun on whether more federal government relief funding is needed amid the nation's coronavirus outbreak, but that..
Reuters - Published

Private schools with significant endowments should return PPP loans: Mnuchin

U.S. Treasury Secretary Steven Mnuchin said on Friday private schools with significant endowments and have taken loans from the coronavirus stimulus law should return them.
Reuters - Published

Mnuchin warns some U.S. firms could face criminal liability over coronavirus loans

The U.S. Treasury Department will audit every loan for more than $2 million given under the Paycheck Protection Program for businesses hurt by the coronavirus fallout, Treasury Secretary Steven Mnuchin..
Reuters - Published

Mnuchin says Congress close to deal on coronavirus bill

U.S. Treasury Secretary Steven Mnuchin said on Sunday that senior Republicans and Democrats in Congress are close to reaching agreement on a new coronavirus response bill.
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Exclusive: Treasury wants warrants, repayment from major U.S. airlines on 30% of grant money - sources

U.S. Treasury Secretary Steven Mnuchin told major airlines on Friday he wants them to repay some of the $25 billion in cash grants the U.S. Congress approved last month to cover payroll costs as..
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Trump administration seeks $250 billion more in aid for small U.S. businesses: Mnuchin

The Trump administration on Tuesday asked Congress for an additional $250 billion in emergency economic aid for small U.S. businesses reeling from the coronavirus pandemic, as Senate Majority Leader..
Reuters - Published

U.S. Senate leader hopes to OK more money for small businesses on Thursday

U.S. Senate Republican leader Mitch McConnell said on Tuesday he would work with the chamber's top Democrat Chuck Schumer and Treasury Secretary Steven Mnuchin to get more funds approved this week for..
Reuters - Published

Great time for long-term investors to put money into U.S.: Mnuchin

U.S. Treasury Secretary Steven Mnuchin said on Monday that the U.S. economy would have a "rough quarter" due to the coronavirus, but the underlying fundamentals were sound and it was a great time for..
Reuters - Published

Coronavirus task force advised Trump on NY, NJ, CT warning: Mnuchin

Members of the White House coronavirus task force recommended a travel advisory for the hard-hit New York area to limit the spread of the coronavirus when they met with President Donald Trump on..
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Treasury: U.S. will be 'compensated' for assistance to airlines

U.S. Treasury Secretary Steve Mnuchin said on Friday that taxpayers will "compensated" for providing up to $25 billion in direct grants to the airline industry.
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U.S. not bailing out airlines, Boeing not using federal money: Treasury Secretary

U.S. Treasury Secretary Steve Mnuchin said on Friday that the coronavirus economic stimulus bill before Congress is not an airline bailout and that taxpayers will be compensated for relief given to..
Reuters - Published

Mnuchin says Americans to get coronavirus aid within three weeks

Americans should receive cash payments within three weeks to help offset the financial hardships of the coronavirus crisis, Treasury Secretary Steve Mnuchin said, adding that the record jobless claims..
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McConnell, Pelosi, Mnuchin see deal soon on $2 trillion U.S. coronavirus aid

Senior Democrats and Republicans said on Tuesday they were close to reaching a deal on a $2 trillion coronavirus economic stimulus package, raising hopes that the U.S. Congress could soon act to try to..
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Mnuchin hopes deal is 'very close' on $2-trillion coronavirus aid package in U.S. Senate

The U.S. Treasury secretary and the Senate Democratic leader voiced confidence late on Monday for a deal to be reached soon on a far-reaching coronavirus economic stimulus package that had been stalled..
Reuters - Published

U.S. negotiators say have not reached coronavirus stimulus deal, but close to it

U.S. Treasury Secretary Steven Mnuchin and Senate Democratic Leader Chuck Schumer said they had not reached an agreement on Monday on a sweeping coronavirus stimulus deal, but had made progress.
Reuters - Published

Coronavirus aid bill includes $3,000 for families, $4 trillion liquidity for Fed: Mnuchin

The coronavirus economic relief bill being finalized in Congress will include a one-time $3,000 payment for families and allow the Federal Reserve to leverage up to $4 trillion of liquidity to support..
Reuters - Published

U.S. coronavirus lockdown to last 10-12 weeks, top Trump official says

The lockdown affecting large segments of the American public to try to curb the spread of the coronavirus is likely to last 10 to 12 weeks, or until early June, U.S. Treasury Secretary Steven Mnuchin..
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This is no 2008: Mnuchin borrows from Paulson's economic crisis playbook

U.S. Treasury Secretary Steven Mnuchin has stepped into the breach as the Trump administration's point man to rescue the economy from coronavirus devastation, taking on the role his former Goldman..
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Mnuchin warns senators of 20% U.S. unemployment without coronavirus rescue -source

U.S. Treasury Secretary Steven Mnuchin warned Republican senators on Tuesday that the country's unemployment rate could hit 20% if they failed to act on a proposed coronavirus rescue package and there..
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Mnuchin: Proposed economic relief could put $1 trillion into U.S. economy

Treasury Secretary Steven Mnuchin estimated that the economic measures President Donald Trump's administration has proposed to deal with the effects of the coronavirus crisis would pump $1 trillion..
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Trump administration aims to ensure markets stay open, Mnuchin says

U.S. Treasury Secretary Steven Mnuchin said on Tuesday the Trump administration intends to keep markets open through the coronavirus crisis, although shorter trading hours may be needed at some point.
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U.S. eyes aid for airlines; sees no domestic travel curbs for now

U.S. Treasury Secretary Steven Mnuchin on Sunday said he was in close touch with Congress about helping U.S. airlines weather a massive downturn in business due to sweeping travel restrictions aimed at..
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Mnuchin says U.S. coronavirus aid bill cost should be significant, not huge

U.S. Treasury Secretary Steven Mnuchin said on Sunday the cost of a coronavirus aid package will likely be "significant but not huge."
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U.S. Treasury Secretary Mnuchin says there is an agreement on coronavirus bill

U.S. Treasury Secretary Steven Mnuchin said on Friday there was an agreement on coronavirus response legislation, after lawmakers raised doubts about whether an accord on the aid package had been..
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U.S. Treasury chief dashes hopes for broad tariff cut to fight coronavirus

The Trump administration is not considering broad relief from import tariffs on Chinese goods to ease economic pain from the coronavirus, U.S. Treasury Secretary Steven Mnuchin said on Friday, dashing..
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Keep flying domestically, Mnuchin tells Americans, vowing airline support

U.S. Treasury Secretary Steven Mnuchin on Friday urged Americans to shake off worries about the fast-spreading coronavirus and continue to fly on domestic airline routes, adding he would fly home to..
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U.S. House, White House near agreement on virus economic aid bill, vote likely

The U.S. House of Representatives teed up a vote on Friday on a package to limit the economic fallout from the coronavirus, as Democrats who control the chamber sought common ground with U.S. Treasury..
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