Global  

Treasury Secretary pulls plug on programs designed to help small businesses

Video Credit: KTNV Channel 13 Las Vegas - Duration: 00:36s - Published
Treasury Secretary pulls plug on programs designed to help small businesses

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 Federal Reserve to return unused money for programs that are set to expire at the end of the year, saying they've quote - 'clearly achieved their objective'.


You Might Like


Related videos from verified sources

McConnell Says Congress Should Redirect Unspent Stimulus Money [Video]

McConnell Says Congress Should Redirect Unspent Stimulus Money

McConnell backed Treasury's Mnuchin in his extraordinary clash with the Federal Reserve. Both want Congress to reallocate unspent stimulus funds to support small businesses. "American workers should..

Credit: Wochit     Duration: 00:45Published
Treasury pulls plug on some Fed lending programs [Video]

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..

Credit: Reuters Studio     Duration: 02:16Published