Topic: Steven Mnuchin

House Speaker Nancy Pelosi said Democrats remain at odds with Republicans and the White House as they continue to fight for an extension of $600 weekly unemployment for Americans in the latest COVID-19 stimulus bill.

Congress adjourned for the weekend Friday without coming to an agreement on a new coronavirus relief bill as key stimulus benefits expired.

President Donald Trump said Wednesday he's interested in a short-term stopgap measure if Democrats and Republicans in Congress can't agree on a larger stimulus bill by the end of the week.

Treasury Secretary Steven Mnuchin said Tuesday the Federal Reserve approved a three-month extension of emergency lending under the Federal Reserve Act, allowing it to run until the end of this year.

Senate Republican Leader Mitch McConnell on Monday unveiled a $1 trillion coronavirus relief bill that includes another stimulus payment for Americans, a cut to unemployment benefits and funding for schools.

White House officials said that the proposed Republican coronavirus stimulus package would include another round of direct $1,200 payments to Americans and an extension of the federal eviction moratorium.

A pair of federal measures that were enacted in the spring to help Americans with financial hardships brought on by the COVID-19 pandemic are set to expire on Friday.

The Dow Jones Industrial Average, S&P 500 and Nasdaq Composite all fell on Thursday as tech stocks dropped and the Labor Department reported rising unemployment claims.

Democrats on Thursday said the coronavirus relief bill that Senate Republicans and the White House have hashed out falls "very short" of their expectations and said it likely won't pass through Congress.

Treasury Secretary Steven Mnuchin and Small Business Administrator Jovita Carranza found themselves on the defensive at times over the implementation of the Payroll Protection Program during a hearing Friday.

The Trump administration on Wednesday imposed fresh sanctions targeting Russian businessman Yevgeniy Prigozhin who is close to Russian President Vladimir Putin.

Delta, United, JetBlue, Southwest and Alaska airlines signed letters of intent to receive federal loans to help the industry weather the COVID-19 pandemic, the Treasury Department announced Tuesday.

The Treasury Department on Monday released data about the Paycheck Protection Program, including identifying businesses that received more than $150,000 in loans.

American Airlines and four other carriers signed an agreement with the Treasury Department for portions of $25 billion in federal loans to help the industry survive the coronavirus pandemic.

Congress sent a measure to extend the Paycheck Protection Program through Aug. 8 to President Donald Trump after the House voted unanimously in favor of the extension.