You are viewing the "U.S. Treasury" Archives
Treasury Sends $12B In COVID-19 Relief To Ohio Governments
COLUMBUS, Ohio (AP) — The Treasury Department said Monday that Ohio will receive nearly $5.4 billion in aid as part of Democratic President Joe Biden’s $1.9 trillion coronavirus relief package,… Read More
Fate Of Pandemic Funds Sparks Unusual Dispute Between Treasury And Federal Reserve
The Fed is pushing back against a request from Treasury to wind down emergency lending programs set up in the wake of the coronavirus.
State Unemployment Agencies Could Take Months To Adapt To WH Proposal, Memos Show
The National Association of State Workforce Agencies tells lawmakers on Capitol Hill that it would take most states 8-20 weeks to move to a modified system of awarding benefits.
Treasury’s Mnuchin, Fed’s Powell Defend Coronavirus Relief Measures
The Senate Banking Committee took its first look at spending under the massive CARES Act approved in March. Sen. Elizabeth Warren said more should have been done to keep U.S. workers on the payroll.
A Warning About U.S. Credit Rating Could Signal Higher Interest Rates
A major credit rating agency is warning that a prolonged government shutdown could mean that it will reconsider the nation’s AAA rating. That could lead to higher borrowing costs.