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Showing posts with the label Steve Mnuchin

Stocks Fall as Stimulus Plan Stalls & More Stimulus Updates...

 We are on the stimulus 'see-saw' again.  Yesterday, Mnuchin said that it was a 'very good' chance that a stimulus plan would be passed before the election. Now he is saying a new stimulus plan most likely won't happen before November. Mnuchin: Deal on Coronavirus Stimulus Will Be ‘Difficult’ to Reach Before Election https://www.usnews.com/news/national-news/articles/2020-10-14/mnuchin-deal-on-coronavirus-stimulus-will-be-difficult-to-reach-before-election SOURCE:  Claire Hansen, US News World & Report Stocks Fall as Stimulus Hopes Fade, Banks Slump: Markets Wrap https://www.msn.com/en-us/money/markets/stocks-drop-on-mnuchin-s-remarks-as-banks-tumble-markets-wrap/ar-BB19ZBuo?ocid=uxbndlbing SOURCE:  Rita Nazarath and Vildana Hajric, Bloomberg (via MSN Money) The stock market's near-term fate could be decided by the tight Senate race as stimulus remains in limbo, Morgan Stanley says https://markets.businessinsider.com/news/stocks/stock-market-outlook-senate-e...

Stimulus Talks Are Still Alive & Trump Getting Back on the Campaign Trail

 Updates where the stimulus bill stands and how Trump plans to get back on the campaign trail... White House pushes for limited stimulus bill https://www.reuters.com/article/us-health-coronavirus-congress-relief/white-house-seeks-limited-coronavirus-relief-bill-promises-further-talks-on-broader-stimulus-idUSKBN26W0QO SOURCE:  Valerie Volcovici, Reuters  Trump says he is recovered from COVID-19, prepares for return to campaign trail https://www.reuters.com/article/us-usa-election/trump-says-he-is-recovered-from-covid-19-prepares-for-return-to-campaign-trail-idUSKBN26W09G SOURCE:  John Whitesides, Reuters

Latest Updates on Democrats New 'Trimmed Down' Stimulus Proposal...

Here's the latest updates on stimulus talks...let's keep our fingers crossed that a bill gets passed before the election... Mnuchin, Pelosi speak on coronavirus relief, plan further talks: Pelosi spokesman https://www.reuters.com/article/us-health-coronavirus-usa-congress-idINKBN26K2L8 SOURCE:  Reuters Staff Second stimulus check updates: House Democrats unveil scaled-back $2.2 trillion COVID-19 relief proposal in attempt to boost long-stalled talks https://www.chicagotribune.com/coronavirus/ct-nw-second-stimulus-check-updates-20200929-oyz7w45nyfc7phw5az3qiapd3i-story.html SOURCE:  Chicago Tribune/Andrew Taylor/Associated Press Democrats' new $2.2 trillion bill includes a second round of $1,200 stimulus checks https://www.msn.com/en-us/news/politics/democrats-new-22-trillion-bill-includes-a-second-round-of-1200-stimulus-checks/ar-BB19xcZT?ocid=uxbndlbing SOURCE:  Lorie Konish, CNBC (via MSN News) Stimulus check, $600-per-week jobless benefit included in new virus aid prop...