Latest Steven Mnuchin News

Senate leaders agree on measure to care for refugees

Jun. 18, 2019 7:17 PM EDT

WASHINGTON (AP) — The top Republican and Democrat on a key Senate panel have agreed on a $4.6 billion measure to house and care for immigrant refugees flocking across the U.S.-Mexico border — a long-delayed step toward averting a humanitarian tragedy at overcrowded and inadequate federal facilities...

Mnuchin says 2020 deadline for Tubman $20 bill not possible

Jun. 14, 2019 7:06 PM EDT

WASHINGTON (AP) — Treasury Secretary Steven Mnuchin on Friday called "completely erroneous" a published report that an initial 2020 deadline for completing the design of a $20 bill featuring Harriett Tubman could have been met. Mnuchin told a congressional committee last month that the redesign of the $20...

Justice backs Mnuchin's refusal to turn over Trump's taxes

Jun. 14, 2019 6:30 PM EDT

The Justice Department issued a legal opinion Friday finding that Treasury Secretary Steve Mnuchin was right to withhold President Donald Trump's tax returns from a House committee that subpoenaed them. The House Ways and Means Committee subpoenaed six years of Trump's tax returns in May, but the Treasury...

Pelosi: No debt increase until spending limits are raised

Jun. 13, 2019 8:28 PM EDT

WASHINGTON (AP) — Speaker Nancy Pelosi said Thursday that the Democratic-controlled House won't pass must-do legislation to increase the government's borrowing cap until the Trump administration agrees to boost spending limits on domestic programs. The California Democrat said she'll agree to increase the...

US imposes sanctions on Iraq-based affiliate of Iran's Guard

Jun. 12, 2019 11:22 AM EDT

WASHINGTON (AP) — The Trump administration on Wednesday imposed sanctions on an Iraq-based affiliate of Iran's Revolutionary Guard, one more in a series of steps intended to pressure Tehran following President Donald Trump's decision last year to withdraw from the landmark nuclear deal with the Islamic...

Maryland governor urges Mnuchin not to delay $20 Tubman bill

Jun. 11, 2019 10:55 AM EDT

ANNAPOLIS, Md. (AP) — Maryland Gov. Larry Hogan urged Treasury Secretary Steven Mnuchin on Tuesday to reconsider delaying the redesign of the $20 bill to feature abolitionist leader Harriet Tubman. In a letter to Mnuchin, the Republican governor wrote that he hopes the U.S. Treasury Department will...

China mum on Trump-Xi meeting as Huawei says sales slowing

Jun. 11, 2019 7:55 AM EDT

SHANGHAI (AP) — Attention is turning to a possible meeting of President Donald Trump with Chinese leader Xi Jinping at a summit in Japan later this month as the next step in the vexing trade standoff between the two biggest economies. The Chinese government would not confirm Tuesday that such a meeting...

World shares rise after US drops planned tariffs on Mexico

Jun. 10, 2019 6:26 AM EDT

SINGAPORE (AP) — Global stocks rose Monday after U.S. President Donald Trump suspended plans to impose tariffs on Mexico as the countries inked a deal on immigration. But broader concerns remain over global growth and a trade dispute between the United States and China that shows no sign of easing. After...

Asian stocks rise as Chinese trade data beats expectations

Jun. 9, 2019 11:48 PM EDT

SINGAPORE (AP) — Asian financial markets advanced Monday after China released better-than-expected trade data for May, though worries remain over trade negotiations between the Washington and Beijing. Reopening after a market holiday, Hong Kong's Hang Seng picked up 2.2% to 27,552.09 and the Shanghai...

The Latest: G-20 finance officials: Trade risks intensifying

Jun. 9, 2019 11:54 AM EDT

FUKUOKA, Japan (AP) — The Latest on a meeting of financial leaders of the Group of 20 major economies (all times local): 6 p.m. Finance ministers and central bank chiefs of the Group of 20 major economies have wrapped up a meeting in Japan with a pledge to use all the policies they can to protect global...