Treasury Secretary and Federal Reserve Chair Testimony on Coronavirus Pandemic and Economic Recovery
Treasury Secretary Steve Mnuchin and Federal Reserve Chair Jerome Powell testified before the House Financial Services Committee on their… read more
Treasury Secretary Steve Mnuchin and Federal Reserve Chair Jerome Powell testified before the House Financial Services Committee on their respective agencies' response to the coronavirus pandemic. Secretary Mnuchin and Chair Powell called on Congress to take additional action to pass coronavirus relief, which they said should provide additional Paycheck Protection Progam (PPP) funding and an extension for unemployment insurance. Secretary Mnuchin also said he had spoken to Treasury Secretary nominee Janet Yellen as part of the Trump administration’s transition efforts. close
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