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Tag Archives: Treasury Secretary Steven Mnuchin

New pressure on lawmakers as virus aid for firms hits limit

With a key coronavirus rescue fund exhausted, lawmakers faced new pressure Thursday to break a stalemate over President Donald Trump’s $250 billion emergency request to replenish the program that helps small businesses keep workers on their payroll. Senate Minority Leader Chuck Schumer ...

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Facebook’s Libra gets stark warning from G-7 finance chiefs

Melinda Gates, right, and US Treasury Secretary Steve Mnuchin attend a meeting at the G-7 Finance in Chantilly, north of Paris. AP Photo by Michel Euler

Finance chiefs from the Group of Seven rich democracies issued a stark warning on Thursday that cryptocurrencies like Facebook’s Libra should not be allowed before “serious regulatory and systemic concerns” are put in check. France, which this year chairs the ...

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Facebook’s Libra gets stark warning from G-7 finance chiefs

Melinda Gates, right, and US Treasury Secretary Steve Mnuchin attend a meeting at the G-7 Finance in Chantilly, north of Paris. AP Photo by Michel Euler

Finance chiefs from the Group of Seven rich democracies issued a stark warning on Thursday that cryptocurrencies like Facebook’s Libra should not be allowed before “serious regulatory and systemic concerns” are put in check. France, which this year chairs the ...

Read More »