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![Money and a pen](https://woub.org/wp-content/uploads/2015/07/120-Y99JRLLJRVR-900x422.jpg)
Treasury Sends $12B In COVID-19 Relief To Ohio Governments
By: Associated Press
Posted on:
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
![Fed Chairman Jerome Powell and Treasury Secretary Steven Mnuchin bump elbows at the conclusion of their testimony before Congress on June 30, 2020. The Fed and Treasury are engaging in a rare clash over the fate of key pandemic lending programs.](https://woub.org/wp-content/uploads/2020/11/ap_20182684001183-c21b1871038e96e41da5d8af183d2e5268ee30e5-scaled-e1605894759212-900x422.jpg)
Fate Of Pandemic Funds Sparks Unusual Dispute Between Treasury And Federal Reserve
By: Jim Zarroli | NPR
Posted on:
The Fed is pushing back against a request from Treasury to wind down emergency lending programs set up in the wake of the coronavirus.
![Treasury Secretary Steven Mnuchin on Capitol Hill earlier this week. A White House proposal to cut federal unemployment benefits to a percentage of earlier wages could take months to implement, leaving millions with significantly reduced checks.](https://woub.org/wp-content/uploads/2020/07/ap_20203631933920-5cb5d5f39b80a9bcf3795194ef2fe8ccba49df06-900x422.jpg)
State Unemployment Agencies Could Take Months To Adapt To WH Proposal, Memos Show
By: Kelsey Snell | NPR, Tamara Keith | NPR
Posted on:
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 Secretary Steven Mnuchin speaks during a virtual hearing of the Senate Banking Committee on Tuesday. Powell and Treasury Secretary Steven Mnuchin testified on the rescue package passed by the Congress in March.](https://woub.org/wp-content/uploads/2020/05/gettyimages-1213959550-eda53047d27f661074a89bbcea9f4d9756280af9-scaled-e1589910930116-900x422.jpg)
Treasury’s Mnuchin, Fed’s Powell Defend Coronavirus Relief Measures
By: Brian Naylor | Scott Horsley | NPR
Posted on:
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 downgrade in the nation's credit rating could lead to higher borrowing costs for the U.S. Treasury, companies and consumers.](https://woub.org/wp-content/uploads/2019/01/gettyimages-1052462520-82738bee808aaacd301c0d1cce0dae4c2477b448-e1547054218771-900x422.jpg)
A Warning About U.S. Credit Rating Could Signal Higher Interest Rates
By: Avie Schneider | NPR
Posted on:
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.