Dow Jones Industrial Average futures traded slightly lower on Sunday night as a growing number of Covid-19 cases continued to rise in the markets. Dow futures contracts fell 66 points, or 0.2%. The move suggests an initial reduction of about 50 points. S&P 500 futures fell 0.1%, while Nasdaq 100 …
Read More »Manuchehr’s decision reduces Fed lending power, but sources say crisis programs could be revived
U.S. Treasury Secretary Steven Munuchin and Federal Reserve Chair Jerome Powell testified before the hearing on the oversight of the House Financial Services Committee (Supreme-19) overseeing the Treasury Department and the Federal Reserve’s Coronavirus Disease (COVID-19). September 22, 2020. Joshua Roberts | Pool | Reuters Trade Secretary Steve Munuchin’s decision …
Read More »Manucci has refused to extend some Fed emergency financing programs
Treasury Secretary Steven Munuchi refused to extend some of the emergency loan programs jointly established with the Federal Reserve, which is due to expire on December 31. The Fed’s corporate credit, municipal financing and main street financing programs will not be renewed, Mr. Muchin said Thursday. The central bank expressed …
Read More »Bipartisan senators call on Trump to allow Russia to naval poison
A bipartisan group of senators on Thursday called on the Trump administration to impose new sanctions on Russia over the poisoning of Alexei Navalny, a leading opposition figure and a leading critic of the Russian president. Vladimir PutinVladimir Vladimirovich Putin China The foreign policy valley between the Americans over Russia, …
Read More »Pelosi sets a 48-hour deadline for the White House on stimulus negotiations
House Speaker Nancy Pelosi (D-California) has given the White House a 48-hour deadline to resolve differences in stimulus talks “to show that the administration is serious about reaching a bilateral agreement,” a top Pelosi aide said. Tweeted Sunday night. Game mode: Pelosi and Treasury Secretary Steven Manucci spoke for an …
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