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Former Treasury Secretary Steven Mnuchin is planning an investment fund backed by Persian Gulf wealth funds, report says

The Washington Post reported Mnuchin is planning to launch an investment fund that will be backed b…

Emily Graffeo   


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Jared Kushner and Steve Mnuchin cashed in fast on their Trump-era work, raising $3.5 billion from Arab states for private funds, report says

Steve Mnuchin launched Liberty Capital, his own fund, while Jared Kushner launched Affinity Partner…

Bill Bostock   


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'We're prepared to put more money on the table': Mnuchin says Trump administration is open to resume talks on coronavirus stimulus

"There's a deal to do if the Democrats are reasonable and willing to compromise," Mnuchin said. "If…

Carmen Reinicke   


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7 mins read

Louise Linton says she's tired of the 'Trump effect' impacting her, so she's made a 'bat---- crazy' movie to mark her new start

The wife of former Treasury Secretary, Steven Mnuchin, has made a movie in which she plays a bisexu…

Jason Guerrasio   


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Fed's Powell says $600 billion Main Street Lending Program and remaining initiatives will begin by June

Speaking at the same Senate hearing, Treasury Secretary Steven Mnuchin said the department is prepa…

Ben Winck   


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Mnuchin touts a 'great investment opportunity' a day after worst Wall Street session since 1987

Mnuchin called the spread of the respiratory illness COVID-19 a short-term issue, predicting it was…

Gina Heeb   


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Treasury Secretary Mnuchin said a coronavirus relief deal is unlikely before the election

House Speaker Nancy Pelosi and Mnuchin appear to have made little headway in negotiations for a bro…

Joseph Zeballos-Roig   


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Nancy Pelosi blasts the White House's $1.8 trillion stimulus offer and lists 8 areas with 'deficiencies'

House Speaker Nancy Pelosi said in the letter that Trump "only wants his name on a check to go out …

Joseph Zeballos-Roig   


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Trump says coronavirus relief negotiations are back on and floats $1,200 stimulus checks just 2 days after pulling the plug on talks

Talks have been focused on a standalone bill to rescue the airline industry. Pelosi has already rej…

Joseph Zeballos-Roig   


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3 mins read

Nancy Pelosi blasts the White House's $1.6 trillion stimulus plan, saying it's not even 'half a loaf'

"What they're offering is the heel of the loaf," Pelosi said. She insisted Democrats wouldn't accep…

Joseph Zeballos-Roig   


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The White House signals it could get on board with a 2nd round of stimulus checks for Americans

Republicans in Congress and top economic officials in the White House are split on whether to back …

Joseph Zeballos-Roig   


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The Treasury Department sent dead people more than 1 million stimulus checks totaling $1.4 billion

The report comes as the Trump administration weighs whether to push for more direct payments to Ame…

Joseph Zeballos-Roig   


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Treasury Secretary Mnuchin defends the $500 billion federal lending program for large corporations, which came without many strings attached

The program doesn't impose significant restrictions on executive pay or worker layoffs, fueling con…

Joseph Zeballos-Roig   


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Treasury Secretary warns there will be 'severe consequences' for large companies that took bailout loans intended for small businesses

There's been a massive public backlash over chains like Ruth's Chris and Potbelly receiving governm…

Graham Rapier   


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3 mins read

US stocks slide after Mnuchin dents hopes for pre-election stimulus

Despite holding multiple calls with House Speaker Nancy Pelosi to reach a deal, Mnuchin said passin…

Ben Winck   


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Steven Mnuchin says he's 'concerned that consumers could get hurt' by bitcoin investing

Mnuchin said the Financial Stability Oversight Council, a group within the Treasury that assess ris…

Bob Bryan   


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2 mins read

Bitcoin has enabled criminal money laundering and needs to be regulated at a global level, ECB president Lagarde says

Lagarde sees rules on bitcoin potentially being initiated at the G7 level, then moved to the G20, a…

Matthew Fox   


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3 mins read

People are slamming Treasury Secretary Steven Mnuchin for appearing to suggest the $1,200 coronavirus stimulus payments could last people 10 weeks

Mnuchin, who has an estimated net worth of $400 million, is no stranger to accusations of being out…

Graham Rapier   


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A bitcoin ETF could finally become a reality in 2021 after an SEC filing from VanEck

But Wall Street has been attempting to launch a bitcoin ETF for years, and VanEck had its last prop…

Matthew Fox   


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US stocks end higher as $600 stimulus checks set to arrive this week

US stocks closed higher on Wednesday as millions of Americans awaited a $600 stimulus check to hit …

Matthew Fox