Minneapolis Federal Reserve President Neil Kashkari became the latest central banker to warn against further stimulus in the US economy, saying the cost behind doing anything could not be huge. As tensions escalate in Washington, Kashkari told CNBC that workers, businesses and governments need more cash from Congress. “There are …
Read More »
President Donald Trump during a news conference at the White House in Washington DC on September 27, 2020. Joshua Roberts | Getty Images News | Getty Images President Donald Trump said Tuesday he has told his administration’s negotiators to end coronavirus stimulus talks with Democrats by the Nov. 3 election. …
Read More »
House Speaker Nancy Pelosi and Treasury Secretary Steven Manuchin failed to strike at the coronavirus stimulus deal during a more than 90-minute meeting on Wednesday. The California Democrats said in a statement that the pair would continue discussions as they try to create an elusive fifth relief package that could …
Read More »
Treasury Secretary Steven Munuchin said he would talk to House Speaker Nancy Pelosi about coronavirus stimulation again on Wednesday and was “optimistic” about the prospects for a deal. “I say we will make a more serious effort to get it done and I think we hope we can do something,” …
Read More »
Treasury Secretary Steven Munuchi on Monday told CNBC. Lawmakers should not let the fear of a nation’s loss or the size of the Federal Reserve’s balance sheet delay additional Covid-19 relief, he said. Munuchin, who has led the administration’s Covid-19 relief talks with White House Chief of Staff Mark Meadows, …
Read More »