Tag Archives: Treasury Secretary Steven Mnuchin

Mnuchin is likely trying to stop President elect Biden’s next Treasury secretary extending relief to state and local governments.

The Federal Reserve – in what AutoInformed says is the latest example of the ugly, vindictive politics of the defeat at the ballot box of the impeached and lame-duck Trump – responded with a statement claiming it “would prefer that the full suite of emergency facilities established during the corona-virus pandemic continue to serve their important role as a backstop for our still-strained and vulnerable economy.” Fed Chair Jerome Powell earlier in the week said there was a need for the programs to continue.  Continue reading →