Latest Steven Mnuchin News

House Speaker Nancy Pelosi of Calif., speaks during a news conference on Capitol Hill in Washington, Thursday, Aug. 13, 2020. (AP Photo/Patrick Semansky)

Both sides play the blame game as virus relief talks stall

Aug. 13, 2020 7:26 PM EDT

WASHINGTON (AP) — With talks on emergency coronavirus aid having stalled out, both sides played the blame game Thursday rather than make any serious moves to try to break their stalemate. Official Washington is emptying, national politics is consuming the airwaves and the chasm between the warring sides...

White House Chief of Staff Mark Meadows, right, accompanied by Treasury Secretary Steven Mnuchin, left, speaks to reporters following a meeting with House Speaker Nancy Pelosi of Calif. and Senate Minority Leader Sen. Chuck Schumer of N.Y. as they continue to negotiate a coronavirus relief package on Capitol Hill in Washington, Friday, Aug. 7, 2020. (AP Photo/Andrew Harnik)

Can Trump aide Meadows move from deal breaker to deal-maker?

Aug. 12, 2020 7:07 PM EDT

WASHINGTON (AP) — Mark Meadows dropped to a knee in then-Speaker John Boehner's office, the still-new congressman apologizing for joining those trying to oust the Republican leader. Two years later, Meadows did it anyway, leading the House Freedom Caucus' push for Boehner's departure in 2015. Now, as...

President Donald Trump listens during an event called

For Americans waiting on virus aid, no new relief in sight

Aug. 12, 2020 6:56 PM EDT

WASHINGTON (AP) — Americans counting on emergency coronavirus aid from Washington may have to wait until fall. Negotiations over a new virus relief package have all but ended, with the White House and congressional leaders far apart on the size, scope and approach for shoring up households, re-opening...

President Donald Trump signs an executive order during a news conference at the Trump National Golf Club in Bedminster, N.J., Saturday, Aug. 8, 2020. (AP Photo/Susan Walsh)

Business lobby raises concerns over Trump payroll tax break

Aug. 12, 2020 6:02 PM EDT

WASHINGTON (AP) — The nation's leading business group on Wednesday raised serious concerns about President Donald Trump's move to defer Social Security payroll taxes for American workers, warning that the plan for a shot of economic relief during the coronavirus pandemic could prove unworkable. The U.S....

Editorial Roundup: US

Aug. 12, 2020 3:29 PM EDT

Excerpts from recent editorials in the United States and abroad: ___ Aug. 11 The Los Angles Times on TikTok and WeChat: Even before President Trump signed an executive order that could soon smother social network TikTok, Microsoft emerged as a potential savior for the U.S.-based but Chinese-owned video snacking...

President Donald Trump talks with reporters before departing from Morristown Municipal Airport in Morristown, N.J., Sunday, Aug. 9, 2020. Trump was returning to Washington after spending the weekend at Trump National Golf Club. (AP Photo/Susan Walsh)

Dems say Trump's payroll tax break weakens Social Security

Aug. 11, 2020 5:36 AM EDT

WASHINGTON (AP) — President Donald Trump’s move to defer Social Security payroll taxes could be taking him into treacherous political territory. His directive — aimed at boosting an economy shaken by the coronavirus pandemic — doesn’t affect retirement benefits but impacts how...

House Speaker Nancy Pelosi of Calif., center, accompanied by Senate Minority Leader Sen. Chuck Schumer of N.Y., left, speak to reporters following a meeting with Treasury Secretary Steven Mnuchin and White House Chief of Staff Mark Meadows as they continue to negotiate a coronavirus relief package on Capitol Hill in Washington, Friday, Aug. 7, 2020. (AP Photo/Andrew Harnik)

In virus talks, Pelosi holds firm while Mnuchin wants a deal

Aug. 11, 2020 12:51 AM EDT

WASHINGTON (AP) — Speaker Nancy Pelosi is not about to blink. The Democratic leader has been here before, negotiating a deal with the White House to save the U.S. economy, and lessons from the Great Recession are now punctuating the coronavirus talks. With Republicans again balking at big government...

President Donald Trump prepares to sign four executive orders during a news conference at the Trump National Golf Club in Bedminster, N.J., Saturday, Aug. 8, 2020. Seizing the power of his podium and his pen, Trump on Saturday moved to bypass the nation's elected lawmakers as he claimed the authority to defer payroll taxes and extend an expired unemployment benefit after negotiations with Congress on a new coronavirus rescue package collapsed.(AP Photo/Susan Walsh)

States strain to carry out Trump order on unemployment aid

Aug. 10, 2020 10:50 PM EDT

RICHMOND, Virginia (AP) — Governors and state labor department officials were scrambling Monday to determine whether they could implement President Donald Trump’s executive order to partially extend unemployment assistance payments to millions of Americans struggling to find work in the...

House Speaker Nancy Pelosi of Calif., center, accompanied by Senate Minority Leader Sen. Chuck Schumer of N.Y., left, speak to reporters following a meeting with Treasury Secretary Steven Mnuchin and White House Chief of Staff Mark Meadows as they continue to negotiate a coronavirus relief package on Capitol Hill in Washington, Friday, Aug. 7, 2020. (AP Photo/Andrew Harnik)

In virus talks, Pelosi holds firm; Mnuchin wants a deal

Aug. 10, 2020 10:47 PM EDT

WASHINGTON (AP) — Speaker Nancy Pelosi is not about to blink. The Democratic leader has been here before, negotiating a deal with the White House to save the U.S. economy, and lessons from the Great Recession are now punctuating the coronavirus talks. With Republicans again balking at big government...

President Donald Trump talks with reporters before departing from Morristown Municipal Airport in Morristown, N.J., Sunday, Aug. 9, 2020. Trump was returning to Washington after spending the weekend at Trump National Golf Club. (AP Photo/Susan Walsh)

Dems say Trump's payroll tax break weakens Social Security

Aug. 10, 2020 7:32 PM EDT

WASHINGTON (AP) — President Donald Trump’s move to defer Social Security payroll taxes could be taking him into treacherous political territory. His directive — aimed at boosting an economy shaken by the coronavirus pandemic — doesn’t affect retirement benefits but impacts how...