Free Trial

Treasury Secretary Steven Mnuchin's written......>

US
US: Treasury Secretary Steven Mnuchin's written testimony for Congressional
hearing this afternoon is out. Mnuchin's view on the outlook is more optimistic
than Powell's. Mnuchin also notes another fiscal stimulus: 
* "We look forward to working with Congress on a bipartisan basis in July on any
further legislation that may be necessary," he writes. 
* "We would anticipate that any additional relief would be targeted to certain
industries that have been especially hard-hit by the pandemic, with a focus on
jobs and putting all American workers who lost their jobs, through no fault of
their own, back to work," he says. 
* Text: https://tinyurl.com/y8suu8z6

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.