The Republican coronavirus relief plan will extend the improved unemployment insurance “based on a wage replacement of about 70%,” Treasury Secretary Steven Mnuchin said Thursday. He spoke to CNBC about the status of the negotiations hours after Republicans in the Senate and the Trump administration said they reached a tentative …
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Republicans are considering extending the enhanced unemployment insurance benefit to a reduced level of $ 400 per month for the rest of the year, sources told CNBC. Congress approved a $ 600 a week, or $ 2,400 a month, increase in unemployment benefits in March to deal with a wave …
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Chinese and American national flags wave at the entrance to a company office building in Beijing. Wang Zhao | AFP | fake pictures The U.S. State Department confirmed Wednesday that it had ordered China to close its consulate in Houston, Texas, prompting Beijing to insist on firm countermeasures unless Washington …
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The Senate banking committee on Tuesday approved controversial Federal Reserve nominee Judy Shelton and Christopher Waller for two vacancies on the central bank’s board of governors. Their nominations are now directed to the full Senate for confirmation. President Donald Trump had announced his intention to nominate the couple in July …
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United States President Donald Trump wears a mask when he visits the Walter Reed National Military Medical Center in Bethesda, Maryland on July 11, 2020. Alex Edelman | fake pictures President Donald Trump has offered his best support yet for wearing face masks in public, tweeting Monday that it is …
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