Deal allows Sudan to receive money from the World Bank in the future. On Wednesday, Sudan announced that it had signed an agreement with the United States to…
Read MoreTreasury Secretary Mnuchin
Congress Passes Historic Anti-Corruption Legislation
Included in the defense bill is a provision that bans anonymous shell companies. The defense bill that Congress recently passed, which overrode the president’s veto, includes new legislation…
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Secretary Mnuchin Wants Grants for Main Street
There are CARES Act funds available for Congress to reallocate. The Federal Reserve’s key pandemic lending programs expire on December 31. Treasury Secretary Steven Mnuchin said Congress should…
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U.S. Treasury Sanctions Former Foreign Minister of Lebanon
Department puts pressure on Hezbollah group ally. Secretary of State Mike Pompeo announced that the U.S. Treasury put sanctions on Lebanon’s former minister of foreign affairs Gebran Bassil…
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Congress Calls for Racial Equity in Lending
Letter to Federal Reserve and Treasury Department calls for racial considerations in emergency lending. Late last week, Representative Ayanna Pressley and Congressional Oversight Commissioner Bharat Ramamurti called on…
Read MoreFresh Sanctions Imposed on Iran
Sanctions target the nation’s oil business. On Monday, the U.S. Treasury Department said in a statement it was placing fresh sanctions on key actors in the Iranian Islamic…
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House Speaker Resumes Talks with Treasury Secretary
Both sides working to pass pre-election stimulus bill. Treasury Secretary Steven Mnuchin and House Speaker Nancy Pelosi met on Tuesday to hash out the details of the country’s…
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Mnuchin Attends Ceremony Formalizing Israel and Bahrain Relations
Israeli delegation to Manama takes the next step in strengthening ties. A ceremony to formalize relations between Bahrain and Israel was held on Sunday in Manama, Bahrain. This…
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President Trump’s Administration Continues Stimulus Talks
Treasury Secretary Mnuchin says he is willing to negotiate his offer. The president’s administration announced Wednesday that it would be willing to increase the total cost of a…
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White House Resumes COVID-19 Aid Talks with Congress
Senate Majority Leader says no stimulus for at least three weeks. On Friday, Senate Majority Leader McConnell announced that the Senate was “unlikely” to pass a new coronavirus…
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