Steven Mnuchin

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Mnuchin Says He's Working on TikTok Deal
Mnuchin Says He
Wants to Buy TikTok

Mnuchin Says He Wants to Buy TikTok

Former Treasury secretary says he's putting a group together to buy Chinese-owned app

(Newser) - A bill to force ByteDance to sell TikTok's US operations passed the House on Wednesday and if it becomes law, Steven Mnuchin plans to make an offer to the Chinese company. "It's a great business and I'm going to put together a group to buy TikTok,...

2 Trump Team Alums Score Hefty Saudi Deals

NYT: Jared Kushner gets $2B and Steven Mnuchin $1B for respective investment funds

(Newser) - Two big names from the Trump administration have struck lucrative deals with Saudi Arabia for their investment funds. The New York Times reports that Jared Kushner received $2 billion from the nation's Public Investment Fund for his firm Affinity Equity and that former Treasury chief Steven Mnuchin got $1...

Justice Decides Against Trump on Tax Returns

Barring another twist, House panel will receive copies of the documents

(Newser) - The Justice Department, in a reversal, says the Treasury Department must provide the House Ways and Means Committee with former President Trump's tax returns, apparently ending a long legal showdown over the records. In a memo dated Friday, the Office of Legal Counsel said the committee chairman "has...

Mnuchin's Wife Releases Quite a Movie Trailer
Mnuchin's Wife Releases
Quite a Movie Trailer
in case you missed it

Mnuchin's Wife Releases Quite a Movie Trailer

Louise Linton stars in 'Me You Madness,' described as 'camp-tastic' and 'insane'

(Newser) - Louise Linton gained fame , and some infamy , as the wife of Treasury Secretary Steven Mnuchin. Now that her husband's DC tenure is over, the 40-year-old is getting back to her day job: acting. A new trailer for Me You Madness is out, featuring Linton in the starring role, reports...

Mnuchin: Stimulus Payments Are on the Way

He says first payments will arrive Tuesday night

(Newser) - Stimulus payments are on the way, Steven Mnuchin says. The Treasury Secretary announced Tuesday that the first stimulus payments of up to $600 per person would be arriving in bank accounts within hours, the Hill reports. "These payments may begin to arrive in some accounts by direct deposit as...

You Might Get Your COVID Relief Check Next Week

Treasury's Mnuchin says they'll be delivered quickly

(Newser) - The next round of COVID relief checks promised to Americans won't arrive in time for Christmas, but they won't be too far behind, either. Treasury chief Stephen Mnuchin told CNBC Monday that he expects a quick turnaround. "The good news is this is a very, very fast...

Munchin's Move Doesn't Sit Well With the Fed

Treasury, central bank differ on pandemic relief

(Newser) - The Treasury Department and the Federal Reserve are suddenly at odds over pandemic relief. On Thursday, Treasury Secretary Steven Mnuchin said he will not extend emergency loan programs set up with the Fed, an action that could hamper the ability of the incoming Biden administration to gain important economic support...

Pelosi Sets Stimulus Deadline, While McConnell Plans Vote

Dueling plans are more than $1T apart in cost

(Newser) - House Speaker Nancy Pelosi said there has to be meaningful progess in negotiations on a pandemic stimulus bill by Monday if anything is going to pass before the election. The framework for unsettled parts of the package, at least, need to be settled, she said. "Are we going with...

Pelosi Responds to the Latest White House Offer

The House Speaker dismisses the latest coronavirus relief package

(Newser) - Nancy Pelosi on Saturday dismissed the latest White House offer in COVID-19 aid talks as "one step forward, two steps back," but said she is still hopeful that progress can be made toward a deal, the AP reports. The White House had boosted its offer before Treasury Secretary...

Stimulus Deal Advances, but a Big Skeptic Remains

Senate majority leader McConnell thinks it's unlikely to happen before the election

(Newser) - With President Trump's on-and-off support now back on, the White House sent a bigger stimulus package proposal to House Speaker Nancy Pelosi on Friday. Treasury Secretary Steve Mnuchin and Pelosi spent a half-hour discussing the $1.8 trillion plan on the phone Friday afternoon, Politico reports. The two sides...

Pelosi and Mnuchin: Turning the Tide?

Mnuchin says 'we made a lot of progress'

(Newser) - Nancy Pelosi and Treasury Secretary Steven Mnuchin held an "extensive conversation" Wednesday on a huge COVID-19 rescue package, meeting face to face for the first time in more than a month in a last-ditch effort to seal a tentative accord on an additional round of coronavirus relief, the AP...

'Knock-Down' Fight Erupts in Oval Office

Two key presidential advisors argue in the White House

(Newser) - A "knock-down, dragout" argument broke out in the Oval Office last week when two key presidential advisors fought in front of their boss, an insider tells the Washington Post . Trade adviser Peter Navarro and Treasury Secretary Steven Mnuchin reportedly locked horns over the fate of TikTok, the Chinese-owned video...

Lawmakers Are Locked in COVID-19 Aid Talks

'It was more productive than the other meetings': Sen. Chuck Schumer

(Newser) - Lawmakers participating in rare weekend talks on a huge coronavirus relief measure reported progress on Saturday, as political pressure mounts to restore a newly expired $600-per-week supplemental unemployment benefit and send funding to help schools reopen, the AP reports. "This was the longest meeting we had and it was...

Kudlow on Next Stimulus Bill: 'There's a $1.2K Check Coming'

Senate GOPers set to reveal $1T coronavirus relief package on Monday

(Newser) - Senate Republicans are set to release a $1 trillion coronavirus relief package on Monday, and with that deal, Americans can expect checks similar to the ones sent out in the last round. "There's a $1,200 check coming," White House chief economic adviser Larry Kudlow said in...

Pelosi Slams GOP Over New Virus Relief Plan

The House Speaker criticizes White House 'dissaray'

(Newser) - House Speaker Nancy Pelosi on Sunday assailed Republican "disarray" over a new pandemic relief package as the White House suggested a narrower effort might be necessary, at least for now, the AP reports. The California Democrat panned the Trump administration's desire to trim an expiring temporary federal unemployment...

Republicans Ditch Key Trump Demand in New Aid Package

Payroll tax cut won't be in 'base bill'

(Newser) - Republicans have jettisoned one of President Trump's key demands even before the start of negotiations with Democrats over the next coronavirus stimulus package. Senate Republicans, who are planning to unveil the package Thursday, decided not to include the payroll tax cut the president has been calling for, the Washington ...

Mnuchin: Let's Forgive Those Small-Business Loans

The treasury secretary echoes a proposal made by banks and trade associations

(Newser) - Good news for small-business owners: You might not have to pay back that federal loan. Treasury Secretary Steven Mnuchin said as much Friday in a House committee meeting where he pushed for another round of Paycheck Protection Program loans to struggling businesses, the Wall Street Journal reports. "One of...

Administration Widens Loan Disclosure, but Watchdogs Want More

Government was under pressure to provide information about who received the money

(Newser) - The Trump administration has relented to public pressure and pledged to provide more details about which small businesses received loans from a $600 billion-plus coronavirus aid program. But government watchdogs say even more transparency is needed to get an accurate picture of who was helped and who was left out,...

Mnuchin Gives His Take on Closing the Economy Again

The treasury secretary gave his take as Wall Street shuddered over the coronavirus

(Newser) - Treasury Secretary Steven Mnuchin says re-closing the US economy is not an option. "We can't shut down the economy again. I think we've learned that if you shut down the economy, you're going to create more damage," he told CNBC 's Jim Cramer on...

Mnuchin Mixes Up Flags in Twitter Clash With Axl Rose

Rock singer is not a fan of the Treasury secretary

(Newser) - Guns N' Roses frontman Axl Rose tangled with Treasury Department frontman Steven Mnuchin in a Twitter spat Wednesday night. "It’s official! Whatever anyone may have previously thought of Steve Mnuchin he’s officially an a--hole," Rose tweeted . Mnuchin soon responded, tweeting : "What have you done for...

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