Tag: Mnuchin

Mnuchin: Trump ‘Absolutely Prepared’ to Back More Stimulus Money

President Donald Trump is “absolutely prepared” to back more stimulus money to restore the economy after it was crippled by the coronavirus pandemic, Treasury Secretary Steven Mnuchin said Monday.

“We have put $3 trillion out,” Mnuchin told Fox Business’ Maria Bartiromo. “If we need to put more money out to support American businesses, American workers, the president is absolutely prepared to do that.”

Conversations have started on a bipartisan basis on another phase of coronavirus stimulus financing, as everything that has been done so far has been accomplished with “overwhelming bipartisan support,” said Mnuchin.

To date, four packages have been approved by Congress, including the $2.2 trillion CARES Act that was signed at the end of March, including the $349 billion Paycheck Protection Program. 

“Working with Congress we were able to get $3 trillion that we are pumping into the economy,” said Mnuchin. “As it relates to states, part of

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Mnuchin Pulls It Off? ‘Economic Impact Payments’ (Free Govt Money) Hit Bank Accounts Today!

Some Americans will see fatter balances when they log-in to their bank accounts today. Here are the details…

(by Half Dollar) Stevie did say “you’ll get your money in two weeks”.

And he said that on April 2nd:

And it seems he’s following through with the Free Lunches!

From the IRS:

Of course, we don’t know if every single person who has a bank account on file will get their free government money by this Thursday, when Mnuchin’s 2-week timeline runs out, but hey, this is a start.

Earlier this morning, I speculated what might happen with the free money, so check out our outlook if you

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Great time for long-term investors to put money into U.S.: Mnuchin

WASHINGTON (Reuters) – U.S. Treasury Secretary Steven Mnuchin said on Monday that the U.S. economy would have a “rough quarter” due to the coronavirus, but the underlying fundamentals were sound and it was a great time for long-term investors to put money into the United States.

FILE PHOTO: U.S. Secretary of the Treasury Steven Mnuchin walks to a meeting during negotiations on a coronavirus disease (COVID-19) relief package on Capitol in Washington, U.S., March 24, 2020. REUTERS/Al Drago/File Photo

Mnuchin told Fox Business that small businesses would receive details on Monday on where and how to apply for some $350 billion in emergency virus-relief loans, and the Trump administration was ready to ask Congress for more funding if the current program did not suffice.

“I expect that with all of this liquidity we’re putting into the economy to get through the next couple of months, when we reopen, we’ll be

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