Steven Mnuchin
Update: Second PPP Now Accepting Applications
The second $284 billion Paycheck Protection Program, which will offer more forgivable loans designed to soften job losses from the pandemic, began accepting applications from businesses today. read more >
Report: March Turbulence Shows Need for Financial Reforms
A top government financial oversight panel says that the turbulence in financial markets last spring has exposed problems in the operation of money market funds that will need to be corrected before the next crisis hits. read more >
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SBA Releases Simpler Application for Smaller PPP Loans
The U.S. Small Business Administration, in consultation with the Treasury Department, recently released a simpler loan forgiveness application for Paycheck Protection Program loans of $50,000 or less. read more >
Update: Treasury Proposal Would Deliver $500B to Americans Starting in April
The Treasury Department wants to dedicate $500 billion to start issuing direct payments to Americans by early next month as the centerpiece of a $1 trillion plan to stabilize the economy amid the coronavirus epidemic. read more >
by Associated Press -
Mnuchin: Trump Wants Checks Sent to Public in Virus Response
President Donald Trump wants the government to send checks to Americans in the next two weeks in an effort to curb the economic cost of the coronavirus outbreak, Treasury Secretary Steven Mnuchin said Tuesday. read more >
by Associated Press -
Trump’s Tariff War with China Hits Arkansas Farmers Hard
President Trump's trade war with China is creating casualties in Arkansas. Soybean farmers have seen their exports to China plummet as prices have dropped 15%. read more >
by Jan Cottingham -
Stocks Repeatedly Sink and Recover as Wild Ride Continues
After big swings higher and lower, U.S. stocks are up slightly in afternoon trading Tuesday as investors look for calm after a global sell-off. The swings came one day after the steepest drop in 6 ½ years. read more >
by Associated Press -
French Hill Outlines Tax Reform Priorities
U.S. Rep. French Hill expects Congress to reconvene in September with a "unified approach" to tax reform crafted by the Trump administration and congressional tax leaders. read more >
by Lance Turner -
Business Leaders to Congress: Ignore Chaos, Focus on Taxes
Business leaders began an aggressive lobbying effort Thursday to ensure that their vision for overhauling the U.S. tax system isn't lost in the chaos consuming President Donald Trump's administration. read more >
by Associated Press -