Latest Steven Mnuchin News

Correction: Mideast-US Peace Plan story

Jun. 25, 2019 1:58 AM EDT

JERUSALEM (AP) — In a story June 23 about the new U.S. peace plan for the Middle East, The Associated Press incorrectly quoted Mideast expert Aaron David Miller as saying on Twitter that "The Palestinians' economic problem isn't a lack of money; it's a lack of liberty." Miller was quoting an article...

Treasury's watchdog to look into Tubman bill delay

Jun. 24, 2019 6:12 PM EDT

The U.S. Treasury's watchdog says it will look into why the redesign of the $20 bill featuring abolitionist Harriet Tubman was delayed. The Office of the Inspector General said in a letter on Friday to Sen. Chuck Schumer, D-N.Y., that it will consider the matter as part of an audit that is about to begin. The...

Trump signs order imposing sanctions on Iran supreme leader

Jun. 24, 2019 5:45 PM EDT

WASHINGTON (AP) — President Donald Trump signed an executive order on Monday targeting Iran's supreme leader and his associates with financial sanctions, the latest action the U.S. has taken to discourage Tehran from developing nuclear weapons and supporting militant groups. The sanctions follow Iran's...

US pushes Palestinian economic plan amid doubts, hostility

Jun. 24, 2019 2:17 PM EDT

MANAMA, Bahrain (AP) — Despite withering criticism, charges of hypocrisy and outright rejection from the intended beneficiaries, the Trump administration is plowing ahead with a $50 billion economic proposal to aid the Palestinians and hopes it will drive a much-anticipated but unseen Mideast peace plan....

Amid tough talk, Trump says he could be Iran's 'best friend'

Jun. 23, 2019 12:23 AM EDT

WASHINGTON (AP) — President Donald Trump said Saturday that military action against Iran was still an option for its downing of an unmanned U.S. military aircraft, but amid heightened tensions he dangled the prospect of eventually becoming an unlikely "best friend" of America's longtime Middle Eastern...

The Latest: Trump says he's in 'no hurry' to strike Iran

Jun. 22, 2019 2:25 AM EDT

WASHINGTON (AP) — The latest on The United States and Iran's tensions over the shoot-down of a massive U.S. drone (all times local): 8:10 p.m. President Donald Trump says he abruptly called off the military strikes on Iran Thursday because the likely deaths of 150 Iranians would have been out of proportion...

White House offers budget freeze if Dems don't agree to deal

Jun. 19, 2019 8:38 PM EDT

WASHINGTON (AP) — Trump administration bargainers offered a one-year budget freeze and said Democratic spending demands remained too high as talks with congressional leaders aimed at averting deep cuts in defense and domestic programs seemed no closer to resolution Wednesday. After White House Chief of...

Top US trade official plans to meet Chinese counterpart

Jun. 19, 2019 6:23 PM EDT

WASHINGTON (AP) — The top U.S. trade negotiator said he will meet with his Chinese counterpart to discuss a trade dispute between the world's two biggest economies before a summit next week in Japan between Presidents Donald Trump and Xi Jinping of China. Appearing before the House Ways and Means Committee...

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...