Steven Mnuchin

Trump’s Millionaire Treasury Secretary Uses Debunked GOP Talking Point to Justify Slashing $600 Unemployment Boost

Treasury Secretary Steve Mnuchin on Sunday recycled a debunked right-wing talking point to justify the GOP’s proposal to cut by more than half the $600-per-week federal boost in unemployment benefits that expired at the end of last week, depriving around 30 million Americans of a key economic lifeline as joblessness remains at historic levels. In …

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With GOP Refusing Urgent Relief for Main Street, Tens of Thousands of Shuttered US Businesses Now Closing… Permanently

With Republicans in Congress intent on drastically reducing aid for unemployed Americans and altering the Paycheck Protection Act in the next coronavirus relief bill, workers across the country are rapidly losing hope that they will ever be able to return to their jobs, according to new polling.  A survey released Friday by AP-NORC found that …

With GOP Refusing Urgent Relief for Main Street, Tens of Thousands of Shuttered US Businesses Now Closing… Permanently 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 »

Mnuchin and DeVos Sued for Unlawful Seizure of Student Loan Borrowers’ Tax Refunds During Pandemic

Treasury Secretary Steven Mnuchin, Education Secretary Betsy DeVos, and the federal departments they run were hit with a class-action lawsuit Friday for illegal seizures of thousands of student borrowers’ tax refunds during the coronavirus pandemic, which has left over 40 million Americans jobless and familes across the country struggling to stay in their homes and …

Mnuchin and DeVos Sued for Unlawful Seizure of Student Loan Borrowers’ Tax Refunds During Pandemic Read More »

As Mnuchin Claims Business Relief Deal ‘Very Close,’ Progressives Demand More of Democratic Leaders

After U.S. Treasury Secretary Steven Mnuchin said on CNN‘s “State of the Union” Sunday that a deal with congressional leadership to provide more relief to small businesses impacted by the ongoing coronavirus pandemic could be finalized as early as the end of the day, some progressives highlighted what’s been left out of the emerging aid …

As Mnuchin Claims Business Relief Deal ‘Very Close,’ Progressives Demand More of Democratic Leaders Read More »

‘Unacceptable’: Dems Fume After Trump Announces Plan to Refuse Congressional Oversight of Corporate Bailout Funds

Progressive lawmakers on Friday evening denounced President Donald Trump’s intention to disregard provisions in the just-passed coronavirus relief bill that would provide crucial oversight of $500 billion in taxpayer money already poised to be a “Wall Street slush fund.” “This is unacceptable,” Rep. Katie Porter (D-Calif.) said on Twitter Friday.   The $2 trillion relief package— …

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