Tag: Steven Mnuchin
Too risky? Fed pressed to expand business aid
WASHINGTON – With the economy still in the pandemic’s grip, the Federal Reserve is facing a decision on whether to stretch an emergency lending...
White House drops payroll tax cut after GOP allies object
WASHINGTON (AP) – The White House reluctantly dropped its bid to cut Social Security payroll taxes Thursday as Republicans prepared to unveil a $1...
Fed’s Powell says new lending programs to launch by June 1
WASHINGTON (AP) – Federal Reserve Chair Jerome Powell said Tuesday that the Fed's lending programs for medium-sized businesses and state and local governments would...
Mnuchin: Additional $250B sought for small businesses
WASHINGTON (AP) – The Trump administration will seek an additional $250 billion to support a program designed to help small businesses keep workers employed...
Income tax filing deadline moved to July 15 from April 15
WASHINGTON (AP) – The income tax filing date has been pushed back from April 15, to July 15, Treasury Secretary Steven Mnuchin said.
Mnuchin announced...
Administration announces 90-day delay for many tax payments
WASHINGTON (AP) – The Trump administration says individuals and businesses will be allowed to delay paying their 2019 tax bills for 90 days past...
Opportunity Zones can’t be just another loophole
Treasury Secretary Steven Mnuchin has said he expects investments in “Opportunity Zones” to top $100 billion eventually. He’s referring to an initiative – part...
Wall Street watchdog blames ‘algo trading’ for stock market volatility
PROVIDENCE – A Wall Street watchdog group wants to put a stop to so-called “algo trading” that it says is playing havoc with the...
Mnuchin says China agrees to lower auto tariffs; Beijing silent
NEW YORK - U.S. Treasury Secretary Steven Mnuchin said China has agreed to remove tariffs on imported automobiles but declined to detail the specifics of...
IRS unveils proposed rules for tax law’s big capital gains break:...
NEW YORK - The Internal Revenue Service unveiled proposed regulations Friday for what Treasury Secretary Steven Mnuchin says could be a $100 billion investment opportunity...
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