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Mnuchin: continuing to work with the Congress towards a phase 4 relief package
US TREASURY SEC. MNUCHIN: I AM CONTINUING TO WORK WITH THE CONGRESS TOWARDS A PHASE 4 RELIEF PACKAGE, I BELIEVE A TARGETED PACKAGE IS STILL NEEDED.
— Breaking Market News (@financialjuice) September 22, 2020
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Statement of Secretary Steven T. Mnuchin Department of the Treasury Before the Financial Services Committee
Chairwoman Waters, Ranking Member McHenry, and members of the Committee, I am pleased to join you today to update you on how the Department of the Treasury and the Federal Reserve have been partnering over the last six months to provide relief for American workers and liquidity to credit markets, businesses, non-profit organizations, state and local governments, and households. We are fully committed to getting every American back to work as quickly as possible. America is in the midst of the fastest economic recovery from any crisis in U.S. history. The August jobs report showed that the economy has gained back 10.6 ... (full story)
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US Tsy Sec. Mnuchin: Tsy Cannot Provide New Aid Without New Funds
— LiveSquawk (@LiveSquawk) September 22, 2020
- Expects Losses On Main Street And Working With Fed To Improve Program
- Open To Lowering Limit On Main Street Facility