Latest Steven Mnuchin News

Yellen says regulatory panel to look at 2020 market turmoil

Mar. 31, 2021 18:33 PM EDT

WASHINGTON (AP) — Last year’s coronavirus-triggered market turmoil exposed vulnerable areas in the U.S. economy that need to be addressed by the nation's top-level financial supervisory group, Treasury Secretary Janet Yellen said Wednesday. Yellen told members of the...

Powell says economy recovering but Fed support still needed

Mar. 22, 2021 20:14 PM EDT

WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell says the economic recovery from the coronavirus pandemic has progressed more quickly than expected, but the central bank does not intend to let up in its support efforts. In congressional testimony released...

Germany defends Russia pipeline, mum on reported offer to US

Feb. 10, 2021 12:38 PM EST

BERLIN (AP) — Germany's foreign minister on Wednesday defended proceeding with a new undersea gas pipeline from Russia that faces strong opposition from the U.S. and eastern Europe, arguing that scrapping it could have adverse geopolitical consequences. Foreign Minister...

Sitting on billions, Catholic dioceses amassed taxpayer aid

Feb. 04, 2021 16:46 PM EST

When the coronavirus forced churches to close their doors and give up Sunday collections, the Roman Catholic Diocese of Charlotte turned to the federal government’s signature small business relief program for more than $8 million. The diocese’s headquarters, churches...

Editorial Roundup: Pennsylvania

Feb. 03, 2021 09:06 AM EST

Philadelphia Inquirer. Feb. 1, 2021. Editorial: After barely surviving 2020, Pa.’s democracy might not survive the Republican effort to gerrymander the court The effort of Republicans to usurp the will of the people in the presidential election by...

Iran imposes symbolic sanctions on President Trump

Jan. 19, 2021 12:08 PM EST

TEHRAN, Iran (AP) — Iran on Tuesday imposed sanctions on President Donald Trump and a number of members of his administration over their alleged role in support of “terrorism," according to its foreign ministry website. Ministry spokesman Saeed Khatibzadeh said that...

US imposes sanctions on Cuba citing human rights violations

Jan. 15, 2021 17:28 PM EST

HAVANA (AP) — The U.S. Department of the Treasury on Friday imposed sanctions on Cuba's Interior Ministry and its leader, accusing them of serious human rights violations. The measures against the ministry and Brigadier Gen. Lázaro Alberto Álvarez Casas include...