President-elect Joe Biden has chosen former Federal Reserve Chairman Janet Yellen as Treasury Secretary, a historic decision that could make her the first woman to lead the department, say people familiar with the matter. Yellen, 74, is seen as a politically “safe” choice for the role, which is likely to …
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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, …
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Treasury Secretary Steven Mnuchin on Tuesday criticized the top Democrats for what he categorized as idiosyncratic tactics and refusal to discuss any “reasonable deal” to provide relief to U.S. consumers and businesses affected by the Covid-19 pandemic. Wall Street had hoped that Mnuchin would support reports published on Monday night …
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