Global  

Treasury pulls plug on some Fed lending programs

Video Credit: Reuters Studio - Duration: 02:16s - Published
Treasury pulls plug on some Fed lending programs

Treasury pulls plug on some Fed lending programs

House speaker Nancy Pelosi went after Treasury Secretary Steven Mnuchin on Friday for his decision to end some Federal Reserve COVID-19 emergency lending programs, a move also criticized by many Fed officials.

Conway G.

Gittens reports.


You Might Like


💡 One News Page Knowledge: Other News Mentions

Steven Mnuchin Steven Mnuchin 77th and current United States Secretary of the Treasury

Trump Admin Cuts off Emergency Lending Programs, Overruling Fed Chair [Video]

Trump Admin Cuts off Emergency Lending Programs, Overruling Fed Chair

Treasury Secretary Steve Mnuchin has asked the Federal Reserve to return $455 billion in unused pandemic program funds.

Credit: Cover Video STUDIO    Duration: 00:57Published

Mnuchin move to end some Fed emergency loan programs

The decision to not extend several emergency loan programs beyond December 31 drew a terse rebuke from the Fed.
CBS News
Stimulus Package Is Unlikely Before the Election, Says Goldman Sachs [Video]

Stimulus Package Is Unlikely Before the Election, Says Goldman Sachs

As stimulus negotiations between Democratic House Speaker Nancy Pelosi and Steve Mnuchin continue.

Credit: Cover Video STUDIO    Duration: 01:00Published

Nancy Pelosi Nancy Pelosi 52nd Speaker of the United States House of Representatives

Meeting With Schumer and Pelosi, Biden Keeps Focus on Virus and Economy

On his 78th birthday, President-elect Joseph R. Biden Jr. ignored President Trump's continued efforts to subvert the election results.
NYTimes.com

Pandemic response, spending top agenda in Biden meeting with Nancy Pelosi and Chuck Schumer

President-elect Joe Biden met Friday with House Speaker Nancy Pelosi and Senate Democratic Leader Chuck Schumer, to discuss COVID-19, federal spending

USATODAY.com

Pelosi hopes McConnell's 'pause' on virus aid ends

As Americans prepare to celebrate Thanksgiving, Speaker of the House Nancy Pelosi said the holiday will also be marked "with great pain" over the lives lost to..
USATODAY.com
Pelosi is re-elected as House Speaker [Video]

Pelosi is re-elected as House Speaker

Democrats in the U.S. House of Representatives on Wednesday voted to keep House Speaker Nancy Pelosi in her job for another two years, despite the Nov. 3 elections in which the party lost seats to Republicans. Colette Luke has the latest.

Credit: Reuters Studio    Duration: 01:38Published

Federal Reserve Federal Reserve Central banking system of the United States

Yellen Would Assume Vast Policy Portfolio as Treasury Secretary

From trade and sanctions to tax policy and financial regulation, the former Fed chair will be at the center of the new administration’s agenda.
NYTimes.com
Why Elizabeth Warren Will Never Be Treasury Secretary [Video]

Why Elizabeth Warren Will Never Be Treasury Secretary

Massachusetts senator and failed Presidential candidate Elizabeth Warren lobbied Joe Biden to become his treasury secretary. In a humiliating snub heard around the political world Biden chose former FED chair Janet Yellen over Warren as his Treasury Secretary. Chris Cillizza of CNN said there are several reasons Warren will never be America's Treasury Secretary. Warren in the Cabinet would allow Mass. GOP Gov. Charlie Baker to appoint a temporary replacement for her in the Senate.

Credit: Wochit News    Duration: 00:39Published
Global Stocks Rise As Trump Authorizes Transition [Video]

Global Stocks Rise As Trump Authorizes Transition

On Tuesday, global stocks jumped after Donald Trump authorized President-elect Joe Biden's presidential transition process to begin. On Monday, Trump took a significant step toward acknowledging the election result. However, Business Insider reports, he is still convinced he and his allies can continue to contest the outcome. Another key factor driving the boost is Biden's planned nomination for former Federal Reserve chair Janet Yellen as Treasury Secretary.

Credit: Wochit News    Duration: 00:30Published
Stocks rally on vaccine news, Yellen speculation [Video]

Stocks rally on vaccine news, Yellen speculation

U.S. stocks started the week on an upswing after another drug company posted positive clinical trial results for a COVID-19 vaccine and reports surfaced that President-Elect Joe Biden plans to nominate former Federal Reserve Chairman Janet Yellen to be the next Treasury secretary. Conway G. Gittens reports.

Credit: Reuters Studio    Duration: 01:56Published
She's In The Money: Biden Picks Former Fed Chair Janet Yellen To Head Treasury [Video]

She's In The Money: Biden Picks Former Fed Chair Janet Yellen To Head Treasury

President-elect Joe Biden is planning to nominate Janet Yellen to head the Treasury Department. Business Insider reports if the US Senate confirms Yellen, she will be the first woman to hold the job. Yellen served as Fed Chair during President Barack Obama's second term, from 2014 to 2017. President Donald Trump replaced her with Jerome Powell as head of the Fed.

Credit: Wochit News    Duration: 00:34Published

United States Department of the Treasury United States Department of the Treasury United States federal executive department

Covid: Disabled people 'forced to choose life or livelihood’ during pandemic

One in five disabled employees had their request to work from home, be furloughed or redeployed during the pandemic rejected, research has shown. Scope found 22%..
WorldNews

Biden expected to announce Treasury secretary and other Cabinet picks

President-elect Joe Biden is expecting to name more members of his Cabinet this week, but President Trump is continuing to block the presidential transition...
CBS News

United States House of Representatives United States House of Representatives Lower house of the United States Congress

GSA will brief House and Senate committee leaders

GSA Administrator Emily Murphy refuses to officially recognize Joe Biden as president-elect.
CBS News

Trump tries to leverage power of office to subvert Biden win

President Donald Trump sought to leverage the power of the Oval Office on Friday in an extraordinary attempt to block President-elect Joe Biden’s victory, but..
WorldNews

House military committee looks at Afghan mission

Former U.S Ambassador Ryan Crocker told the U.S. House Armed Services Committee hearing Friday that the United States is "waving the white flag" in Afghanistan...
USATODAY.com

Related videos from verified sources

Treasury Secretary pulls plug on programs designed to help small businesses [Video]

Treasury Secretary pulls plug on programs designed to help small businesses

As the coronavirus continues to impact the US economy, Treasury Secretary Steven Mnuchin is pulling the plug on programs designed to help small businesses hurt by the pandemic. Mnuchin is asking the..

Credit: KTNV Channel 13 Las Vegas     Duration: 00:36Published