Treasury Secretary news and trends

US House Provision On Blocking Crypto Transactions Pulled
Cryptocurrency // January 31, 2022

There’s been an agreement to cut out a provision in a U.S. House bill which would’ve given the Treasury Secretary the ability to block international crypto transactions, a report says. The contested part of the bill came out of the America COMPETES Act, which was...

Mnuchin: SBA PPP Loans Over $2M Face Audits Before Forgiveness
Loans // April 29, 2020

Any small business getting an emergency coronavirus loan from the Small Business Administration (SBA) greater than $2 million will be subject to an audit, Treasury Secretary Steven Mnuchin said. “One of the things that will be required is you will have to show a payroll...

Mnuchin: Relief Efforts Now Should Show Results In Summer
Coronavirus // April 26, 2020

Treasury Secretary Steve Mnuchin remains in good spirits over the U.S.’s economic future as summer approaches, saying the financial aid efforts thus far should help things bounce back in the long run. Mnuchin said the aid, including the $2 trillion CARES Act from March and...

Senators Push For Inspector General Oversight On $500B Company Bailout Fund
Coronavirus // April 01, 2020

Democratic Senators are pushing to ensure that Treasury Secretary Steve Mnuchin does proper oversight work on the $500 billion stimulus passed last week by the government to aid companies in the coronavirus pandemic. In particular, the senators want to avoid a repeat of the 2008...

Quick Reads
US House Provision On Blocking Crypto Transactions Pulled

January 31, 2022
There’s been an agreement to cut out a provision in a U.S. House bill which would’ve given the Treasury Secretary the ability to block international crypto transactions, a report says. The contested part of the bill came out of the America COMPETES Act, which was introduced in the House last week and would spur economic […]

Mnuchin: SBA PPP Loans Over $2M Face Audits Before Forgiveness

April 29, 2020
Any small business getting an emergency coronavirus loan from the Small Business Administration (SBA) greater than $2 million will be subject to an audit, Treasury Secretary Steven Mnuchin said. “One...

Mnuchin: Relief Efforts Now Should Show Results In Summer

April 26, 2020
Treasury Secretary Steve Mnuchin remains in good spirits over the U.S.’s economic future as summer approaches, saying the financial aid efforts thus far should help things bounce back in the...

Senators Push For Inspector General Oversight On $500B Company Bailout Fund

April 01, 2020
Democratic Senators are pushing to ensure that Treasury Secretary Steve Mnuchin does proper oversight work on the $500 billion stimulus passed last week by the government to aid companies in...