Steve Mnuchin

Just Two States Have Begun Paying Out Boosted Unemployment Aid 15 Days After Mnuchin Promised Benefits in a ‘Week or Two’

Treasury Secretary Steve Mnuchin vowed on August 10 that “within the next week or two,” most states would be able to set up and carry out President Donald Trump’s makeshift program authorizing a $300-per-week federal boost to unemployment benefits. As of Tuesday, more than two weeks after Mnuchin’s comments, just Arizona and Texas have begun …

Just Two States Have Begun Paying Out Boosted Unemployment Aid 15 Days After Mnuchin Promised Benefits in a ‘Week or Two’ Read More »

‘Complete Bombshell’: Former Top USPS Official Reveals ‘Disturbing’ New Details of DeJoy Selection and Mnuchin Sabotage of Mail Service

In his first public remarks since resigning from the U.S. Postal Service Board of Governors in protest at the end of April, David Williams on Thursday offered a number of alarming new details surrounding the selection of Trump megadonor Louis DeJoy as postmaster general and Treasury Secretary Steve Mnuchin’s efforts to exert influence over mail …

‘Complete Bombshell’: Former Top USPS Official Reveals ‘Disturbing’ New Details of DeJoy Selection and Mnuchin Sabotage of Mail Service Read More »

“It’s a Cover-Up”: White House Accused of Hiding Mnuchin Role in Recruiting Postmaster General DeJoy

Senate Minority Leader Chuck Schumer on Wednesday accused the Trump White House of covering up the role Treasury Secretary Steve Mnuchin played in recruiting Postmaster General Louis DeJoy, a major Republican donor with no prior experience working for the U.S. Postal Service. “If it looks like a cover-up, sounds like a cover-up, and smells like …

“It’s a Cover-Up”: White House Accused of Hiding Mnuchin Role in Recruiting Postmaster General DeJoy Read More »

Dems Rebuke ‘Legislative Malpractice’ of Trump Team as Talks Crumble and Tens of Millions Face Hunger, Joblessness, Possible Eviction

More than 20 million Americans don’t have enough food to eat, 30 million have seen their incomes cut in half due to the expiration of boosted unemployment benefits, and 40 million could face eviction if Congress and the White House don’t act. But these coronavirus-induced human crises have not yet been enough to break the …

Dems Rebuke ‘Legislative Malpractice’ of Trump Team as Talks Crumble and Tens of Millions Face Hunger, Joblessness, Possible Eviction Read More »

Lawmakers Warn ‘Onerous’ New USPS Loan Terms Imposed by Mnuchin ‘Could Accelerate Demise of Postal Service’

Leading congressional Democrats are warning that an emergency loan agreement announced Wednesday by Treasury Secretary Steve Mnuchin and new Postmaster General Louis DeJoy—a major donor to President Donald Trump and the GOP—could “accelerate the demise of the Postal Service” by giving the administration unprecedented access to the popular agency’s internal operations. “Secretary Mnuchin and the …

Lawmakers Warn ‘Onerous’ New USPS Loan Terms Imposed by Mnuchin ‘Could Accelerate Demise of Postal Service’ Read More »

Katie Porter Demands Resignation of Trump Small Business Chief for Enabling ‘Abuse’ of Covid-19 Relief Funds

California Congresswoman Katie Porter is demanding the resignation of the Trump administration’s small business chief for enabling “abuse” and “waste” of coronavirus relief funds and refusing to comply with basic government oversight efforts. Porter’s call came after the Government Accountability Office (GAO) said in a report last week that it “encountered the most difficulty trying …

Katie Porter Demands Resignation of Trump Small Business Chief for Enabling ‘Abuse’ of Covid-19 Relief Funds Read More »

US Slammed as ‘Rogue State’ for Withdrawing From Global Effort to Make Tech Giants Pay Fair Share in Taxes

The Trump administration on Wednesday abruptly withdrew from international negotiations over how best to tax the profits of multinational corporations such as U.S.-based tech giants Amazon and Google, leading European allies to accuse the White House of torpedoing years-long talks that were close to a resolution. In a letter to the finance ministers of France, …

US Slammed as ‘Rogue State’ for Withdrawing From Global Effort to Make Tech Giants Pay Fair Share in Taxes Read More »

‘Speaking of Looting…’: Trump Admin. Refuses to Disclose Corporate Recipients of $500 Billion in Coronavirus Bailout Funds

Progressive critics and advocacy groups are responding with alarm and anger to the Trump administration’s refusal to disclose the names of more than 4.5 million companies that have collectively received over $500 billion in corporate bailout money through a federal program created to provide businesses with relief from the coronavirus pandemic. The over $2 trillion …

‘Speaking of Looting…’: Trump Admin. Refuses to Disclose Corporate Recipients of $500 Billion in Coronavirus Bailout Funds Read More »

In Tense Exchange Over Bailouts, Warren Accuses Mnuchin of Putting ‘Wall Street Buddies’ Before US Workers

Sen. Elizabeth Warren on Tuesday accused Treasury Secretary Steve Mnuchin of looking out for his friends on Wall Street instead of U.S. workers after the former Goldman Sachs banker repeatedly refused to say whether he would require companies that receive coronavirus bailout funds to keep their employees on payroll. “Giant companies with ready access to …

In Tense Exchange Over Bailouts, Warren Accuses Mnuchin of Putting ‘Wall Street Buddies’ Before US Workers Read More »

Watchdog Demands Probe After Energy Secretary Admits WH Pressed Fed to Give Oil Companies Access to Covid-19 Funds

A watchdog on the congressional committee tasked with overseeing the Trump administration’s handling of Covid-19 bailout funds demanded an investigation Tuesday after Energy Secretary Dan Brouillette openly admitted in a television appearance that the White House pressed the Federal Reserve to alter one of its lending programs for the benefit of fossil fuel companies. “We …

Watchdog Demands Probe After Energy Secretary Admits WH Pressed Fed to Give Oil Companies Access to Covid-19 Funds Read More »

Calling US Postal Service ‘A Joke,’ Trump Demands Four-Fold Price Hike for Customers Amid Covid-19 Pandemic

Dear Common Dreams Readers:Common Dreams is the one news source that cares about making the world a better place. We don’t just transcribe the events of the day, checking our values at the door. We believe in providing the news in a way that makes a better world possible. And that is needed now more …

Calling US Postal Service ‘A Joke,’ Trump Demands Four-Fold Price Hike for Customers Amid Covid-19 Pandemic Read More »

In Letter to Mnuchin, Harris and 13 Other Senators Demand Stimulus Cash Be Exempt From Debt Collections

Sen. Kamala Harris and 13 other senators on Friday sent a letter to Treasury Secretary Steve Mnuchin demanding that coronavirus stimulus checks not be subject to debt collections as reports continue to increase of the one-time $1,200 payments being seized by creditors. “Americans are in dire need of money to pay their rent and put …

In Letter to Mnuchin, Harris and 13 Other Senators Demand Stimulus Cash Be Exempt From Debt Collections Read More »

‘A Right of the People’: Leader of Postal Workers Union Demands USPS Funding in Next Stimulus Bill

The president of the 200,000-member American Postal Workers Union is calling on Congress to make emergency funding for the Postal Service a necessary condition in negotiations with the Trump White House over the next coronavirus stimulus package as the prized government insitution faces the possibility of imminent collapse. Mark Dimondstein, who has served as president …

‘A Right of the People’: Leader of Postal Workers Union Demands USPS Funding in Next Stimulus Bill Read More »

‘Victory’: After Outrage Over Seizure of Coronavirus Relief Payments From Veterans, USAA Reverses Course

Update… Hours after David Dayen reported Thursday at The American Prospect that USAA was seizing coronavirus stimulus money from veterans with accounts at the financial institution, the bank reversed course, telling Dayen in a statement that the money seized would returned. “For members with negative deposit account balances, USAA will pause the collection of a negative account balance existing …

‘Victory’: After Outrage Over Seizure of Coronavirus Relief Payments From Veterans, USAA Reverses Course Read More »

‘Beyond Predatory’: Trump Treasury Department Gives Banks Green Light to Seize $1,200 Stimulus Checks to Pay Off Debts

President Donald Trump’s Treasury Department has given U.S. banks a green light to seize a portion or all of the one-time $1,200 coronavirus relief payments meant to help Americans cope with financial hardship and instead use the money to pay off individuals’ outstanding debts—a move consumer advocates decried as cruel and unacceptable. “These payments are …

‘Beyond Predatory’: Trump Treasury Department Gives Banks Green Light to Seize $1,200 Stimulus Checks to Pay Off Debts Read More »

‘This Is Unacceptable’: Trump Administration Says Millions May Have to Wait 5 Months to Receive $1,200 Relief Check

More than 10 million Americans lost their jobs last month and are in desperate need of immediate financial assistance amid the coronavirus crisis, but the Trump administration said in a draft plan circulated internally Thursday that people who do not have direct deposit information on file with the IRS—a group that is disproportionately low-income—may have …

‘This Is Unacceptable’: Trump Administration Says Millions May Have to Wait 5 Months to Receive $1,200 Relief Check Read More »