35 Burst results for "Mnuchin"

Trump ally Tom Barrack acquitted of foreign agent charges

AP News Radio

01:01 min | Last month

Trump ally Tom Barrack acquitted of foreign agent charges

"A longtime friend and ally of Donald Trump has been cleared of any wrongdoing in connection with his dealings with the United Arab Emirates during the Trump presidency A New York jury is acquitted Tom barrack on all counts The California billionaire who served as Donald Trump's inaugural committee chair had been charged with acting as an unregistered agent of a foreign government obstruction of justice and making false statements Prosecutors had alleged barracks scheme to become the eyes ears and voice for the United Arab Emirates as part of a criminal conspiracy to manipulate Trump's foreign policy He also got the UAE to funnel tens of millions of dollars into an office building he was developing and an investment fund Among the defense witnesses saying there was no wrongdoing former treasury secretary Steven Mnuchin The not guilty verdicts touched off a tearful celebration in the courtroom barracks says he's thankful for the U.S. justice system I'm Jackie Quinn

Donald Trump UAE Tom Barrack New York California Steven Mnuchin Treasury U.S. Jackie Quinn
Congress can get Trump tax records, appeals court rules

AP News Radio

00:48 sec | 4 months ago

Congress can get Trump tax records, appeals court rules

"I'm Mike Gracia reporting an appeals court rules Congress can get former president Trump's tax records A federal appeals court has agreed with the lower court ruling saying Congress can access former president Donald Trump's tax returns a three judge panel of the U.S. Court of Appeals for the District of Columbia circuit agreed with U.S. district judge Trevor mcfadin a Trump appointee who in a December ruling said the chairman of the House ways and means committee has brought authority to request the records The House ways and means panel first requested Trump's tax returns in 2019 Under the Trump administration the Justice Department defended the decision by then treasury secretary Steven Mnuchin to withhold the tax returns from Congress Mnuchin argued the records were being sought by Democrats for partisan reasons Mike Gracia Washington

Mike Gracia U.S. Court Of Appeals Congress Trevor Mcfadin Donald Trump House Ways And Means Committee District Of Columbia Trump Administration Steven Mnuchin U.S. Justice Department Mnuchin House Treasury Mike Gracia Washington
"mnuchin" Discussed on WTOP

WTOP

03:01 min | 4 months ago

"mnuchin" Discussed on WTOP

"Prices, which means seniors and consumers will pay less for their prescription drugs. But the Senate stop Republican Mitch McConnell is skeptical of spending more money at a time of soaring inflation. Democrats answered a hurting you once, mister hurt you again The legislation agreed to by West Virginia senator Joe Manchin and Senate majority leader Chuck Schumer will need all 50 Democrats to pass. Senator Durbin can't return for at least 5 days, and the Senate plans to go on recess after next week. On Capitol Hill, Mitchell Miller, WTO. Meantime, the house today passed a $280 billion package to boost the semiconductor industry and scientific research in a bid to create more high-tech jobs here in the United States. The bill now awaits President Biden's signature, it will mark a major domestic policy victory for The White House, about two dozen Republicans voted for the bill, but the house GOP leadership recommended a vote against it saying it would provide subsidies and tax credits to an industry that doesn't get government. It doesn't have a need government help that is. CBS News has learned the head of the Secret Service is staying put. CBS Nicole Sega says the director is delaying his retirement as the agency finds itself involved in a number of investigations. U.S. Secret Service director James Murray sent a message to staff Thursday announcing he'll briefly delay his retirement amid multiple investigations of the agency. Murray was slated to serve his last day as director on July 31st, but has decided to stay on while a new leader is selected. According to an internal email obtained by CBS News, Marie informed Homeland Security secretary Alejandro mayorkas and The White House of his plans. New developments in the January 6th investigation, the House select committee is reportedly focusing on former Trump cabinet officials in the hopes of learning about any conversations about invoking the Twenty-fifth Amendment. That amendment is considered a means of last resort to remove a rogue or incapacitated president. Now sources tell CNN that the panel has interviewed former treasury secretary Steven Mnuchin and is in talks to interview former director of national intelligence, John ratcliffe, the committee will also reportedly speak with former Secretary of State Mike Pompeo, and is interviewing former acting White House chief of staff Mick Mulvaney. Several other former cabinet officials have already met with that house panel. Coming up on WTO P after traffic and weather metro responding to night to a viral video from a woman who says she was sexually harassed at a train station. It's 9 36. Here's Howard spira, chief information officer at the export import bank of the United States, on the discussion, threat and data protection. The critical role of endpoint security in the federal government, sponsored by Tania. Well, we do have a lot of international clientele that may pose a little bit of a challenge in terms of what's an anomalous signal versus what's a normal signal that I don't think it really changes the overall framework of everybody. Listen to the entire discussion on federal news network search never trust always verify.

Senate senator Joe Manchin Senator Durbin Mitchell Miller President Biden Secret Service Nicole Sega CBS News White House Mitch McConnell Chuck Schumer WTO Alejandro mayorkas House select committee Trump cabinet Capitol Hill James Murray West Virginia Steven Mnuchin
"mnuchin" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:38 min | 5 months ago

"mnuchin" Discussed on Bloomberg Radio New York

"Of the Atlantic seaboard of the United States, 7 30 a.m. right here in Hong Kong and Singapore. I'm Rashad salad. And I'm Doug prisoner at the Bloomberg interactive broker studio in New York. We'll have trading underway at the top of the hour in Tokyo Sydney and Seoul. The dollar is steady. The yen at a fresh 24 year low against the greenback, rates are up and we had a rally in U.S. equities will put it all together when we look at markets with Brian Curtis momentarily right now, few of the sours top business stories, rish. But absolutely looking at bunkers in a central question for them is whether inflation can be brought under control. Now the former treasury secretary Steven Mnuchin says it can occur if energy prices settle down and the Federal Reserve follows through on his pledge to continue increasing interest rates. Mnuchin said, he thinks the Central Bank waited too long to take monetary policy, telling us that the fed can still be trusted by markets despite future uncertainty. I think that inflation will come back under control over the next few years. With one caveat. And just as several years ago, COVID was the big unknown. The war in Ukraine is now the big unknown. That is Steve Mnuchin heard of the Qatar economic forum in Doha. To say the global leaders that should concentrate on securing a ceasefire in Ukraine saying it could begin to calm energy prices. And speaking of energy, China's demand for fuel is going up is the market struggles to increase supply and that means prices are unlikely to decline. That's according to the head of vtol, Russell hardy. Here is hardy at the Qatar economic forum in Doha powered by Bloomberg. We'd certainly expect

Atlantic seaboard Rashad salad Bloomberg interactive broker s Brian Curtis rish Steven Mnuchin Mnuchin United States Seoul fed Doug Hong Kong Singapore Tokyo Sydney Steve Mnuchin New York treasury Central Bank Ukraine
"mnuchin" Discussed on Making Podcasts Great Again

Making Podcasts Great Again

05:19 min | 8 months ago

"mnuchin" Discussed on Making Podcasts Great Again

"Excuse me. Yes. Excuse me. Excuse me. Okay. Okay, you obviously don't understand diplomatic relations. Oh, okay, so we got Steve Mnuchin, and he handled the money very well. Very nice Sprite. We are a little richer because Steve Mnuchin knows money. Okay. And let's say we want to torture women and murder journalists and, you know, maybe bomb some countries. Steve Mnuchin, I'm not going to listen to him. If he says, sir, we have a deal with Saudi Arabia. Can you listen to me and I go get your ugly face at my office, but if Jared Kushner works in with Ivanka, who's wearing a tight, white dress with no bra and four inch heels. And he says, father in law sir, that's what he calls me. I have an important deal. And Ivanka and I would really like it if you would take the side of Mohammed bin Salman. And then I say Ivanka, please do a turn around so I can see what you're working with. And then I say, I'm feeling very generous today. Tell your friend MBS. He's got no problem with me. Do you have a diplomacy works? I see how it's pronounced diplomacy works. Okay. What do you think about, okay, but it's got a diplomacy. Now, a lot of questions here. Ukraine, Russia is still going at it. Russia is still bombing, attacking Ukraine. And now Putin has stepped aside and is bringing in a new person to lead the military. And before we go into this person, do you think that's kind of a weak move? I don't think you would ever do that. And leave being in charge to give the leadership to someone else to take care of the job. Is that giving up is picking a new general kind of. It's not like he's not in charge, but he's saying this is what dishonesty did in the Civil War when he was fighting son Ashley against our great patriots in the south. He kept having generals. She didn't want to fight on any found a drunk named Ulysses S. Grant. Who fought? I think that's what our great friend booton is doing. He said, I need somebody tough. And then he found this guy the butcher of Syria and I would say that sounds pretty tough. Sounds very tough. Also, from what I've read about him, he seems to be related to the devil. He runs torture centers. Satan is fairly strong. He isn't too systematic rape. Nerve agents, or chemical warfare. Okay, I didn't realize we were doing phone sex on this episode of making podcast great again. He's just an awful, awful person. And you know where he got the nickname. Horrible at karaoke. I say, general, when you get on the mic, you're really butcher those songs. So that's why they call him the butcher of Syria. Because he can't carry a tune. I mean, if you have a song that you're like, I want that guy getting up at cario key and singing it. The guy's got no time for singing. Every time he gets up there, they laugh. They give him a shot of vodka and say, ah, the butcher of Syria, butchered another song. Karaoke. It has nothing to do with the chemical warfare, the rape or the torture centers..

Steve Mnuchin Ivanka Jared Kushner Mohammed bin Salman Ukraine Russia Saudi Arabia booton Putin Ulysses S. Grant Syria patriots Ashley Satan
"mnuchin" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

05:42 min | 1 year ago

"mnuchin" Discussed on Bloomberg Radio New York

"Mnuchin former US Treasury secretary And Tom as you were talking about after the market we get Netflix's third quarter earnings The expectation is for it to be great It better be since the shares have basically gone up a 100% a year to date plus or minus and basically people are going to be looking at what is next after we just saw their blockbuster that has gotten all of our children very interested and not good for you It's all our children Is it I mean all our children are watching that They're uncomfortable watching them Have you watched it I will not watch any of that There actually are some ancient social messages They're watching surveillance watching surveillance Should we do that shout out Let's do this show This was lovely folks This is what it's about This is why we do this Bring in the child The offspring taste its weight Gotta start them off young although never have an interest in equities and bombs also won't know how to provide proper condolences to a tot supporter Thank you sir This is a four way right on Twitter Congratulations for your first child For maternity advice John what are you bringing in our next guest No idea what I'm doing Maybe don't come to me or Tom Any of this Thomas had practice Gina joins us now Chief equity strategist at Flint back intelligence Jane I want to start with the equity market backdrop and the inflation story Piece of research from you and the team The inflation story is still too weak to stop stocks Gina what do you mean by that Yeah I think when we think about the balance of growth prospects as well as inflation pressures growth is still winning out I mean we see this for sure in the earnings stream where earnings are still growing at a faster pace even than revenue growth So as much as there is inflation pressure certainly stickier than expected inflation higher than expected inflation pressure of the reality is that demand is still accelerating rapidly too I don't see this slowdown in growth but many people are worried about really manifesting itself We see when we look into 2022 just as a perfect example Next 12 month earnings growth for virtually every economy around the world is going to be faster than 5 year average That's still a slowdown certainly from 2021 but really rapid earnings growth is a big story that I think is driving global stocks even it made inflation pressures which are certainly eating away in margins And the result is bottom line earnings growth that is still much faster than many people have anticipated and continued to sort of under underestimate Well Gina to that point we got on dannon John was talking about this earlier coming out and saying that they're going to have to pass along some of the increases that they're seeing in the price of milk and transportation costs How much have margin pressure has been already baked in considering the fact that we've been talking about this for a long time Yeah So really in consensus estimates margin pressure started to fall and fits and starts in May and started to accelerate to the downside in September But still roughly half of S&P 500 companies are not showing any downdraft and margin estimates at all And the half that are showing a downdraft in margin estimates are experiencing that for third quarter and fourth quarter only not all the way into 2022 I do still think there is some degree of risk with respect to S&P 500 companies that analysts are still not fully capitulating to the inflation trend There's certainly a still some risk even to the top line considering how fast oil prices have gone as well So we've got a at least another quarter before we can really clear a lot of the risks with respect and with respect to margins But I think it's healthy now that many people are talking about the supply chain constraints lasting for a lot longer We're even hearing things like supply chain constraints are going to be around for 24 months That kind of language and constant guidance from companies will ultimately land analyst estimates in a solid place where they can be beaten over the course of 2022 But I think we do have a little bit of downside risk still remaining to the margin story Jay we're 1% from record highs as a general statement and we may be there just by the time you get off air here and go check your children But Gina you know what I find so important here in the humbling of the bears is the idea of margin compression Have you in the mix of your economics and all of Bloomberg intelligence have you amended how much the marginal compress on price as compares to earnings Yeah and margins are incredibly important actually with respect to driving price trends for the S&P 500 It's one of the things that we watch most persistently But I think the important point is margins forward margin forecasts have to fall fairly precipitously Florida starts to degrade your price outlook And we're just not seeing that yet We've been on watch for Give me some big figures I mean come on this is important gene I mean are you talking on a random 22 that you got to go to 21.8 Are you talking about going from 22 to 19 on a P E ratio Yeah Yeah Now it actually margins I don't think will impact PE as much as many people had anticipated because we're not seeing a downdraft overall You've got to see margins fall at least a 152 hundred basis points for the index at large And that's the point I'm trying to make is this is a company specific sector specific issue right now So you are seeing margin downdrafts impact groups within the S&P 500 household and personal products is the first one that comes to mind Some of the food companies have experienced margin pressure certainly But it's not pervasive You're still seeing for instance energy companies.

Mnuchin US Treasury Gina joins Flint back Gina Tom dannon John Netflix S Jane Thomas Twitter John Jay Bloomberg bears Florida
"mnuchin" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

04:58 min | 1 year ago

"mnuchin" Discussed on Bloomberg Radio New York

"Kong and here in Singapore I'm Juliet Sally We have treading underway in Tokyo city and so we're an hour away from the days trade in Hong Kong and Shanghai It is a positive start to the session that he gave up one and a half percent a little bit of weakness in the Cosby as we were at to Samsung's earnings but the Australian market up by a tenth of 1% and of course all eyes will be on China footsie China a 50 futures up by 1% Were U.S. financial officials and making an effort to impose bank like rules to regulate stable coins They're set to issue a report on stable coins by the end of the month Former treasury secretary Steven Mnuchin commented earlier on the issue and he said stable coins quote shouldn't be like casino chips In my view you know one some of these stable coins should most likely be regulated And two if they're backed by dollars they should be freely transferable and we should make sure that they're really backed by dollars so that dollars are held by a custodian bank and that there's secure Today we also reported that reserves of tether the largest stable coin includes billions of dollars of short term loans to large Chinese companies and that is something that money market funds typically avoid China will continue to curb monopolistic behavior among tit firms this according to PBOC governor Egon He was delivering a keynote speech at the bank for international settlements conference The winner takes all nature of platform companies could lead to market monopoly and compromise innovation efficiency Some platform company sees market share through cross subsidy and adopted NP competition policies And he said the PBOC will continue to strengthen regulation in the FinTech industry to that end he named three principles for guidelines first to financial businesses must be licensed to operation second firewalls must be set up between different parts of the business to prevent cross sector risks and lastly he said the direct link between non banks and banking services must be cut We'll just bring you some breaking news now that the Senate has extended the debt limit cap 2 December 3rd and has sent the measure to the house We'll get more details shortly without impacts done Well millions of migrant workers in Vietnam could flee the country's factory hub That is while tens of thousands of migrant workers have already left Vietnam's commercial center of Ho Chi Minh City and nearby provinces This while tens of this according to the government's website These areas are home to suppliers for companies including Nike and added us and the exodus adds to months of strain on the global supply chain This is the pandemic forces factories and ports to shut down across Asia Now local media has reported that workers want to go back to their home provinces because they're fixated on the pandemic right now and believe they are safer with family in rural provinces Let's get a check of market action Now a lot of moving parts Brian Curtis is here Yes and a lot of eyes will be on China today because the markets are set to open for the first time in a week And there's been a lot of volatility in the past week We had this surprise default in the property sector in China so that may weigh on things but at the moment the futures are suggesting just to sort of Ho hum day like well not hold on but I mean you know a day similar to other markets that have been trading are we For instance China futures are up about 1% Hang sing index futures are up 8 tenths of a percent and we're seeing pretty strong cash gains in Tokyo the nikkei is up 1.6% as you mentioned the cost be is under a little bit of pressure today It is flat here at the moment In terms of Samsung's earnings the operating profit rose more than 25% and their sighting semiconductor sales good and also a pretty strong demand for smartphones And so third quarter operating profit was 15.8 trillion one and that was pretty similar Just a little bit above the estimate of 15.75 sales were a little under though and that may be why we're seeing a little bit of weakness inequities this right now We've got the result from Samsung on sales was 73 trillion 1 and that was again 9% year on year The estimate was 73.47 Around other markets let's say the FX market one 1172 the Euros at 1.15 56 And we see the Aussie dollar trading at 73.13 U.S. cents not much change in the offshore Chinese currency 6 45 21 And WTI crude picked up or lost yesterday up two thirds of 1% Julia Thank you Brian 35 minutes past the hour time for global news The U.S. Senate has passed the debt ceiling legislation and Baxter has all the details it Exactly right to Juliette you nailed it So all the drama and then the vote lands like a thud because they get to do it all over again in a month We're joined here by Bloomberg's Laura lip and.

China Juliet Sally PBOC Steven Mnuchin Tokyo city Samsung Cosby Egon Shanghai Vietnam Brian Curtis Kong Hong Kong Singapore treasury U.S. Ho Chi Minh City
"mnuchin" Discussed on The Rush Limbaugh Show

The Rush Limbaugh Show

08:07 min | 1 year ago

"mnuchin" Discussed on The Rush Limbaugh Show

"Massive stories that actually affect you and your life that they don't want you to see because they make the left and the biden administration look bad when there's a podcast dedicated to exposing all of that each and every day so download the fastest growing podcasts and the conservative movement the ben ferguson. Show podcast right now. That's right you can listen to ben ferguson. Show podcast iheartradio. App apple podcast. Wherever you get your podcast. Download it right now. Our three of the clay travis. End buck sexton show is upon us. Thanks repeated here with clay and me all of you all across the country all fifty states and for those listening on streaming podcast probably all over the world people listening on military bases play. I always love that. We'll get like a random email. Someone in south korea or okinawa or germany. Or you name it. I haven't gotten emails from people. Down range in the war zone saying really enjoyed the podcast. You know say all right that makes any any time. It's a good feeling anytime somebody who was away from home. You can help to connect them with home a bit better. We hope to give people a little little little a little bit home in their ear so to speak by listening to this podcast so please make sure you continue to spread it around. And thank all of our affiliates of course for being the giant megaphone from which we can reach people all across. The country were hundreds of megaphones as the katie. I see on cnn right now. You have the headline pfizer. Vaccines safe for children. Five to eleven and well tolerated. I just want everyone to be paying. Close attention here because what you are seeing is oh the boosters. The fda is backing off on the boosters being recommended which remember the recommendation always turns into a mandate right. They recommend you do the following very quickly. Stand if people. Don't do it there dan so so it's not you know it's an offer you can't refuse to borrow from don corleone or else and they're going to do this with boosters. I believe in tombo. The point is well taken incorrect. That if we happen to see a as she would call it din mnuchin of cases also in his case is going down. He loves that word in fort. You'll hear it if there's a mnuchin but if the case is go down into the wintertime for whatever reason i think it's unlikely but if that happens maybe you won't get boosters. We get we get a surge another foul she word. We're going to be seeing boosters but right now clay. They're they're trying to convince everybody that six seven eight year olds. We did the numbers before. Yes are needing to get this shot in their arms and reminder folks this is not going to be like the initial days of the vaccine for adults where it was. You know we don't want man no no once the fda approves pfizer for your six year old. It's going to be can't go to daycare or because i don't have any working on it But you know you're a long way. Hopefully from having kids get married. I i've worked on it at work all the path so anyway point here being clay. They're going to be telling you if you're going to have your kid your eight year old your nine year old in school. Kids got to get the shot. Joe and they're already saying it's just like 'em mr and here's fouled. She just remembers on the booster flip-flop. No i mean. I you know what i was saying mistake my own personal looking at this again just because i look at data and say i would do it this way. That's the reason why we have qualified groups of people who together as a committee examined all the data. So i have no problem at all with their decision. The thing that i'm saying is that data will continue to come in. And i believe you're going to see an evolution of this process as we go on in the next several weeks to months. It's important to note book. This wasn't like some close decision right. Now they voted again. I've seen it reported. Two different ways. Sixteen to three or sixteen to two against recommending boosters. If i got destroyed like that by a group of my peers after i had gone public like fouled she had said. Hey the data's all clear everybody has to get a booster and then all these other scientists looked at it and voted against me. Sixteen to two or sixteen to three. I'd feel like i got smackdown. Pretty significant. Let's think about this for a second clay. How is it even remotely feasible. That they can no efficacy and risk profile of booster shots that until a couple of months ago they were pretending there was no way. We're going to need it. You don't have to be this. Goes back to know when people are lying to you. Know when something smells funky. You and i have smelled that funky smell from the very beginning of covet from people like voucher. right we've known there something up when they tell you that they could no both the need for and the safety of booster shots. They are extrapolating. Notice how she also makes a pretty big admission. Here he goes. You know we're looking at the different data. All the different numbers and coming to a conclusion rooms full of bureaucrats. Like the one he's talking about are making determinations and then clay they act like. It's the equivalent for a catholic. The pope speaking ex-cathedra as in this is the word of god from on high to all of you and it is forever true in his irrevokable. That's just not accurate at all about these prognostications about boosters which we know because biden weeks ago is like here again boosters. I also wanna point out as they get significant if only two or three people are supporting the idea of boosters. This also let you know that foul. She is not a mainstream advocate. He's far on the side of more treatment right. I mean if there are almost twenty different experts and we put experts quotations looking at this data and making a determination and the vast majority of them are making the opposite recommendation from dr fouled. She is saying. Do we really want an activist in terms of cova policy. That's way in front of where everybody else in the country should be. And then when we get lectured by the blue checkmark brigade for not following. The science is at foul. She himself not following the science. If they're all repudiating his advice well. There's also an admission here which you rarely get that. These are judgment calls that they are balancing out different interests and risk factors and numbers and there's a lot of unknowns people used to make fun of the rumsfeld no knowns unknowns it's actually a pretty good framework for understanding certain problems that's because what you don't know you don't know can often be the thing that the biggest problem which by the way i think we've seen with some of the vaccination stuff here here though is the nih director because these guys are starting to feel the heat. If you're a person who is capable of thinking for yourself you have at a minimum enormous questions about fao cheese credibility and others around him you know they of the cdc for example will end ski the head of the nih year stepping out to say. Yeah if you want. Certainty go to go to china. This is what they're actually saying. Now we'll have to see what they say ultimately about the youngest individuals because of concerns about benefits and risks. But i will be surprised if boosters are not recommended for people under sixty five going forward in the next few weeks. But we'll wait and see you know. Chris what you're seeing here is science playing out in a very transparent way. This is the way it ought to be a little trouble. That people are complaining that the process isn't working for them. The process is to look at the data. Have the experts consider it and then make their best judgment at that point recognizing that judgments may chain if people want an absolutely authoritative statement about. Here's the right answer. Well that's not. What our country is. All about moved china. You'll get it there. What.

ben ferguson biden administration buck sexton din mnuchin mnuchin fda don corleone okinawa south korea pfizer cnn katie germany apple dan fort blue checkmark brigade Joe biden nih
Sebastian Reminisces About His Time in the Oval Office With Donald Trump

America First with Sebastian Gorka Podcast

03:03 min | 1 year ago

Sebastian Reminisces About His Time in the Oval Office With Donald Trump

"Me share a story here. I was in the oval office with president trump. Just the two of us which rarely happens. The oval office has Well it has an entrance way from the out of office and then it has a little narrow door that goes to private eating area and little place for the president. Just sit and read. Didn't be by himself. And then it has the door to the the west wing where guests come through so you rarely in there alone. I was in with the most powerful man in the world and it is a humbling feeling truly as an immigrant to the united states. Somebody who wasn't born here. Who has an accident who always will who only became a citizen. Three years prior to be alone in the oval office is something yukon express. And i was in there on other business if i remember. Well i think it was Iran deal I was one of the two people though building. In addition to the president wanted to kill the iran deal. God bless into finally doing in the face of people like hr mcmaster tillerson mnuchin. All the other fake america first. And i was about to leave still talking about something to do with iran and the president looked at is hand. He got this very serious expression. Yeah he's a very jovial person. It's to great great sense of humor. But suddenly his face froze who's reminded of something on that piece of paper or just something came to mind when he said i really don't want americans to die on the korean peninsula. I did not want to get us into another shooting war in korea. He understood the threat. Remember the hermit kingdom under kim launching ballistic missiles over the japan intimidating our friends in our allies but despite never having said he went to a military high school but despite never having served he really undestood the weight. The inordinate responsibility carried by the person who is commander-in-chief

President Trump Oval Office Tillerson Mnuchin Iran America Korean Peninsula Korea KIM Japan
"mnuchin" Discussed on Bitcoin Audible

Bitcoin Audible

04:20 min | 1 year ago

"mnuchin" Discussed on Bitcoin Audible

"As a result the provision functions as a surveillance mandate just like the one secretary mnuchin proposed in the final days of the trump administration. As before. this is a very bad idea. As those who understand crypto already know users are pseudonymously and access is permission. 'less it is literally impossible for non-custodial actors minors to get the information. They need to do. Form ten ninety nine in practice. This could mean a defacto ban on mining in the usa. This sounds insane but it really might happen. Most crypto legislation goes nowhere. So it's easy to ignore not this time. This provision is part of the bipartisan and otherwise popular infrastructure bill which is moving quickly through congress and is highly likely to pass. What does crypto have to do with infrastructure. You may ask will. The bill has to include quote pay for provision to raise revenue for new spending. So that it's revenue neutral. As a whole the quote broker definition is one of the pay for provisions in the senate draft of the bill. There are three main ways to raise revenue in a bill like this increase current taxes..

mnuchin usa congress senate
Justice Says IRS Must Give Trump Tax Returns to Congress

AP News Radio

00:42 sec | 1 year ago

Justice Says IRS Must Give Trump Tax Returns to Congress

"The long legal showdown over Donald trump's tax returns appears to be over the justice department says the treasury department must give the former president's returns to a house panel when trump was in office treasury chief Steven Mnuchin refused to hand over the returns saying house Democrats wanted them for partisan reasons the house ways and means committee sued saying it needed the records for a probe into whether trump complied with tax law while presidents have long release their returns trump said he couldn't do to an IRS audit he's carefully guarded details about things like relationships with foreign creditors and the government's Sager mag Connie at the White House

Steven Mnuchin Donald Trump House Ways And Means Committee Treasury Department Justice Department Treasury IRS Government Connie White House
"mnuchin" Discussed on Optimism Vaccine

Optimism Vaccine

05:08 min | 1 year ago

"mnuchin" Discussed on Optimism Vaccine

"Madness It's it's absolutely absurd but it's a good way. It's so bad it's good but i think it also probably feels like even better because you're comparing it to promising a woman It's like wow that was like soul-sucking this was just like a high energy. Just absurd injection of fun existence. So yeah i i do think it's something that the movie on i. I love it even more editor. So many gags and it's just some of them go on for so long like there's the final sequenced goes on for like fifteen minutes or twenty minutes of like them potentially fighting or issue going to kill him and then they're just like talking they pause for water. It's just so absurd but it's awesome where she knocks him out and then wakes up and like she hits him with a tennis racket and then he wakes up and she's got the stress on and he's like you changed outfits costume change. She says he's been out cold for ages. I got bored this sort of like. It's it's almost like a za`z comedy kind of big knowledge. Is the madness. The me you madness the meeting. Yeah there's there's a costume change in this movie for every scene inside. Yes i don't know. I i want to say that this movie shouldn't exist at its. It's a monstrous blight. And it's kind of a shows us the waste of capitalism. But i suppose what would i rather that lewis lynton and steve mnuchin spend their money on because it's probably something is going to bring a lot more evil into the world this film certainly so on that its success. I guess. Congratulations on wasting fifty million dollars to licensed music for your fucking friedberg and seltzer. Fucking american psycho. I mean yeah if you consider the alternative is like. They could've spent all that money. That fifty million dollars to fund a super pac to like lobby like bombing yemen or something. Maybe not does make this feminist. I don't know like. But i think i think ultimately like christie nailed it where promising young woman is soul-sucking as the flip side of that is like soul fucking. It's totally different experience with put thank you..

fifteen minutes christie twenty minutes steve mnuchin fifty million dollars seltzer friedberg lynton american gags lewis
"mnuchin" Discussed on Optimism Vaccine

Optimism Vaccine

02:29 min | 1 year ago

"mnuchin" Discussed on Optimism Vaccine

"No i said. Is it the best movie ever. But i feel like we're in the minority. Because i noticed this has a seven metascore which is uniquely low. I don't know what the tomato meter is. But i do feel like you're in the minority. That's about right so yeah twenty. Five percent film critics are good. I was looking at the medicine official twitter account earlier and they were like re tweeting positive reviews of the movie and it was incredible. Because like almost every single one is from an outlet. I've never heard of before and all of the The positive things they said about it. It was just edited together because pretty much people who liked this movie critics. They're all like i don't know what the fuck this is fucking insane but i love it like that. That's pretty much the best reaction that you can have this movie message jake when i was watching essay. What the fuck in my watching half hour into awesome. Yeah it just alike n cheese upfront. About how just awful she is. She's got this A patrick bateman must norman bates norman patrick bateman voice over where sees just completely describes herself as this vain narcissistic like girl boss bitch of a woman and but like just just by leaning into it for the whole nine minutes at this runs it is. I just worked for me. I kind of amazed yeah. It's is impressive to manage to essentially acknowledged. You're trying to make american psycho except from a female perspective. And i don't mean acknowledge it like in an interview or something. I'm talking about this dialogue in the film but managed to make it not about society at all and to also take like what is distinctive about american psycho which a lot of respects his said ellison's like elaborate descriptions of like pop artifacts that are inserted into both the novel. End the film and to distill it to just listing list of movie goes on and on and on and yeah just diverting it into a droning logistical instead of like any actual that does say something about how societies and well..

Five percent twitter both nine minutes twenty patrick bateman american jake single one half hour seven ellison norman
"mnuchin" Discussed on Optimism Vaccine

Optimism Vaccine

05:06 min | 1 year ago

"mnuchin" Discussed on Optimism Vaccine

"It. you deserve more. You deserve more. Thank you thank you all right. Well you might be saying. Podcast hosts if i can't watch promising young woman. Whatever will i watch. I need neoliberal girl boss. Feminism in the year of our lord 2021. Wherever do i get it from and to you. I say you need to embrace me. You madness film written directed and starring louis linton. And if you don't know who that is. It's steve mnuchin. And if you don't know who he is google him he's a ghoulish man a gazillion air from the trump cabinet and film producer and a disgusting slug of a human being and all the salt in the world. Can't make him dissolve. So wouldn't you believe that lewis linton. I think what she did here and chrissy. Tell me if i'm on the wrong path because i'm pretty sure this is what this movie is. She saw american psycho and thought. Damn that's cool. Took every like wrong. Possible interpretation and message from that and due to gender flip girl power version and it is fucking whole larry. You wanna talk about like tone-deaf okay. This is where death goes so far around up. Its own ass. That becomes a transcendent form of art. The likes of which you have never seen kristie. Why is this the best movie ever made. Oh wow no. I think that you accurately described that Maybe not best movie made but it is just. It was definitely took me. It took me back. I did not expect this movie to be what it was the best way to say but in a good way it was a lot of fun and it was just completely bonkers but i think she absolutely washed american psycho. It was like i'm gonna. I'm just gonna take that up one hundred notches up and just have a blast with which which it was a lotta fun not like the last movie we just. It's weird too because these these two movies. They make a very similar mistakes throughout their run times. But the difference here with me you man this is it just takes it to such an extreme degree that it just fucking works for me and it just. You can't look away from this movie at all. And if you miss ed westwick dancing. Every time i looked away he started dancing. He's got some fancy feet in that in those boots..

louis linton steve mnuchin two movies one hundred notches 2021 ed westwick kristie lord lewis linton chrissy american trump
"mnuchin" Discussed on Optimism Vaccine

Optimism Vaccine

05:24 min | 1 year ago

"mnuchin" Discussed on Optimism Vaccine

"Rape revenge. Be moving with something to say. If didn't foreground that something it just. At some point it decided that it was an important film and then twitter decided that it was right in that belief and it became something. If fundamentally does not have the chops to tip law now and this isn't some scrappy indie movie either like i feel like it was positioned as this. You know this independent darling like oh out of nowhere. We're being whisked away by the indie majesty of promising young woman. Fuck no this was written by an established actress word within the studio system. And if you look at like headlines for two. It's just like the movie we never thought they would make. Are you fucking kidding. Me studios have been probably just like tripping all over themselves to be the first studio to release like the official me to film and here it is just like trotting it out and i feel like we deserve much much better is really do. There's so many holes to this story to Similar to make a sheet. Obviously we've talked about how she doesn't do any violence or anything but this is like in this one town. And how many times does.

twitter two first studio one town
"mnuchin" Discussed on Optimism Vaccine

Optimism Vaccine

03:32 min | 1 year ago

"mnuchin" Discussed on Optimism Vaccine

"And i don't know this deep sort of helplessness in cynicism that this movie he seems interested in exploring. Let's a couch it in this ending. It just doesn't work permit. I'm not even talking about the fact that the protagonists is killed particularly unpleasant fashion. I'm more talking about the very end with these emoji. The emoji ending. It's kind of like what are we doing here. You think the sundance crowd just like went on their feet when they saw that winky emoji cuts to credits and they were like what it crawled under my. It feels like the again. There's many ways this could have been approached but if your aim was to really drive home. This sort of helplessness and lack of agency. Wouldn't you have just ended it at the wedding without this sort of posthumous retribution undercuts. Basically everything you're doing not to mention to women have to die for a man to potentially get arrested. Rami not arrested. But like we don't know what's going to happen to him but the whole film goes into like this whole thing about how like the criminal. Justice system is just so flawed. Like with it when it comes to retribution for women because her friend kills herself. And there's like this whole case in all the legal systems completely fail her and then when she goes on this avenging angel suicide mission. It's like she's. I don't know somehow. Forgiven how the legal system works in is is hoping that that will come through for her after her death. Even though it's already failed her best friend. I mean this is a movie that could just be fundamentally approved by having carey mulligan. Kill people for for two hours. I it opens up with this weird little bait and switch where she's brought brought back to adam brody a place and he starts to go down her and she liked snaps out of her stupor and she he realizes she sober. And then it cuts to her walking down the street and the cameras tilting up on her in like there's what looks like blood dripping down her leg in her fingers and i thought oh the things got messy but it's just. She's eating like a jelly donut or something and then let later on. We find out. Oh she's not even killing anybody. She's just talking to them after they get called out and then she leaves and that's that's the whole movie. It's it's completely bloodless until the very end where the only violence is inflicted on her Yup that's i mean. That's pretty much to be fair. I was more disturbed by the jelly. Just randomly strewn everywhere i mean. Who's gonna fuck adult like that. It's disgusting come on forgiving part of the home exactly exactly just letting some jelly donuts scored all of your leg at absolute monster. Yeah it's so and also like we should say that like the only other people who kinda get hurt are two other women is. She has her her best friend from the school. Eros allison brie. She made like confronts her in a restaurant and then makes her roofing her and convinces her that she may have also been raped in a hotel room. And then she goes and sees the dean of the college Connie britton and then like convinces her that her daughter was just picked up by some guys older than hearner currently having her way with her but then she quickly reveals those to be to be fake. As kind of like ha ha. Now you know how it feels. It's called girl power and that was pretty unsettling those.

Connie britton Rami two hours adam brody Eros allison brie two other women carey mulligan
"mnuchin" Discussed on Optimism Vaccine

Optimism Vaccine

02:34 min | 1 year ago

"mnuchin" Discussed on Optimism Vaccine

"By the end and it just makes it kind of feel empty and i. I don't know it. Just it didn't feel empowering I feel like what it was going for gets lost. And there's definitely things. I like about it but just overall when that horrible ending to but when the ending came it just i would say i left the theater. But i wasn't in a theater. I left it feeling Just i don't know kind of made me feel miserable. I didn't enjoy infected. It's like the movie we need right now. I think too that there's just something about that. I just doesn't leave a good taste. Like yeah no i. I totally agree with you there. Because i don't know i it really does. That's the key to it. is it completely undermines. Its its thesis. And i think a big part of that is emerald. Fennell seems to have this extreme version to like most displays of violence doesn't seem interested in showing it which is fine. I mean that's an approach you can take. And i'm not asking this movie to last house on the left or something okay. But because carey mulligan character doesn't enact any violence against these men that she's trying to get retribution or work through some shit. Whatever she's doing we find out that the only violence that is like actually shown to us or given to us or we see the effects of the violence that happens to carey mulligan. Basically like her friend is killed. She's deeply scarred by that experience. To the point where she can barely five and then by the end A the shitty ending. She's the one who dies for the first is she. Actually she pulls out a knife and she's going to carve nina her friend's name into the guy's chest to assaulted her and then she ends up getting smothered and the only violence that were shown in the like woman empowerment. Movie the hashtag girl boss special. Is we watch carey. Mulligan get smothered under a pillow for ninety seconds. Just watching it just watching it. I mean that's the sort of thing you could pull off with. A different tone is something you might see in a particularly nasty grind house film but way this is framed in the conclusion is more like her intent was to get killed like she the only way that she could capture agency was through death..

ninety seconds Fennell carey mulligan five first nina Mulligan
"mnuchin" Discussed on Optimism Vaccine

Optimism Vaccine

03:47 min | 1 year ago

"mnuchin" Discussed on Optimism Vaccine

"Hey buddy. don't do that. Gives them a stern talking to and then leaves while doing absolutely nothing as far as i can tell to either fuck shit up or maybe make any sort of meaningful impact and change despite numerous occasions where she has the ability to I i feel like. I'm completely missing something here and i tried. I tried my very best to get on the wavelength for this. And i realized that you know catharsis for this type of stuff and come in different ways in different forms and i was trying to give it the benefit of the doubt for me. Personally i love. The stars are blind by paris. Hilton the songs. So i figured that would be my way. Even that can save it. Yes that's where. I thought you were going. I think we're going to say the bulk of the time was suicide. Sort of bo. Burnham romcom romcom to. I say it's an even split fifty fifty between bo burnham romcom and not killing men so what you got. It's a thriller without thrills folks. We love it's great. Yeah i mean what what. What am i missing here jake. It's it's funny. Because i mean yeah you could say steaming pile of shit but like i was just so massively underwhelmed by this movie like I don't i don't know what the the masses that raved about it at sundance in the ninety percent or whatever it has rotten tomatoes like seeing this. I don't know how anyone can walk away thinking. Oh my god this. This was satisfying. This was the film that we need. The metoo era rape revenge film. We have a voice a new voice in the director. And i just i i was just so massively letdown and then ending happens and then i was just angry that i that i kind of watched it. It's really it's just such a bizarre inconsequential movie to me. I don't know i mean i i'm i. I generally cannot grasp what people see in this movie theory..

bo burnham ninety percent Hilton fifty fifty Burnham jake paris
"mnuchin" Discussed on Optimism Vaccine

Optimism Vaccine

04:28 min | 1 year ago

"mnuchin" Discussed on Optimism Vaccine

"Hey welcome back up vaccine. I'm steve join me this week. With gadgetry pila. Hey steve how're you. Doing you know fifty fifty this week. I'm concerned though. I don't think i'm going to dive into the other Oscar winners are oscar nominees from this year. I think i just put my foot down immediately. I'm done yes. This kind of our post mortem on the oscar season. You could say well the best. Why bother with the rest. It's true exactly also joining us admiral. Sincere hello steve. Alot people have called you a promising young man. How do you feel about that. I think i'm neither promising. Nor nor especially young this stage so i i would question the sanity of that sentiment. Okay so so hear me out. We do a gender swap re booed and it's disappointing. Old man you like that see. That's that's pretty accurate at this. Yeah i yeah. I think so. Where we we've got something. I'll work draft my father to chip in for the screenplay and we've been gov that'd be great. Yeah i'm sure he's got plenty to add to that your whole family to i'll cough your sisters that'll be good. Man got a lot of stories to share. Also this week. We've got a prestigious guest as the editor in chief of film inquiry christie. Strauss's here kristie. How you doing yeah. Wow prestigious stages. That's right now that can go one or two ways. Either you are legitimately prestigious guests or just in terms of the quality of guests typically bring on like the upper echelon. So you can. You can pick either way. I'll take as a compliment. I know people also call promising. Young woman prestigious might want to choose your words better. Steve potentially procedures potentially prestigious while myers. Can we gave it away here but sorry this is. This is the podcast where where we are going to. Thanks to the cries of the masses. Who were like. Hey you didn't cover the twenty twenty best picture nominees. You covered different best picture nominees but not those. How dare you and to which we say. Yeah well fuck you. It's probably not going to happen but we are going to cover at least one of them. So yeah i guess promising. Young woman is a movie that was nominated for eight million oscars and beloved by the masses. And maybe i'm a bad person..

Steve steve this week kristie christie this year one Strauss oscar million two ways twenty twenty best picture nom eight Oscar Young woman at least one fifty fifty oscars
Stablecoins in the Hot Seat: Powell Calls Bitcoin a Substitute for Gold

The Breakdown with NLW

05:54 min | 1 year ago

Stablecoins in the Hot Seat: Powell Calls Bitcoin a Substitute for Gold

"There was an absolute flurry of content and commentary yesterday around the place of bitcoin. Stable coins defy and the digital asset industry as a whole vis-a-vis. Us government regulation as well as how a digital dollar might shake that all up before we get into it. Let's at the terms of the debate. One of the competitors for this cycles top fudd is the government will ban it if it gets sufficiently threatening now to be clear banning depending on your sister could mean anything from an outright ban of use in holding too forceful seizure too limiting access to on and off ramps to the more benign from a commercial standpoint but no less threatening from a privacy standpoint integration of the full crypto infrastructure into the am l. kyc. Money surveillance apparatus. I've spent some time on this show looking into global versions where this fudd seems to be playing out in particular. We've been watching the evolving situation in india and nigeria india which seems gearing up for a bill that would have some sort of outright ban although at least one finance minister says that that's not the case and nigeria. Where the central bank of nigeria. I reiterated that banks should not be working with crypto users which they've then subsequently rolled back just a little bit either way however really what everyone has been focused on is the us particularly in the context of a new administration. The last administration had friends and foes alike when it came to bitcoin and crypto trump. Famously tweeted that he did not like bitcoin or crypto. But we didn't really take that seriously as a threat because it was so clearly about zuckerberg and libra mnuchin was a much bigger enemy. Probably wrote that text for trump's tweet even and clearly wanted to tighten the reins in his final act. He was trying to require exchanges to collect more information. When users transferred crypto to their own wallets on the flip side however there was brian brooks who was absolutely revolutionary at the office of the comptroller of the currency. The changes he oversaw are a huge reason. Why so many big institutions are now playing in this space. Why so many big traditional banks feel like they have to race to catch up to allow people to offer their customers crypto services however as we know from physics every action has a reaction and to some extent one reason why observers are so keenly watching the biden administration is to see how much they're going to respond or try to walk back with brooks in the occ changed on top of that. As the biden administration has come to power the price and volume around bitcoin stable coins and the rest of the digital asset industries have made them much more on ignore -able last time joe biden was in office. Bitcoin is about four hundred and thirty bucks. Now it's been over fifty thousand dollars for sixteen days in a row tether was barely out of diapers now. It has a market supply above forty billion in his doing upwards of one hundred billion dollars in volume per day combined with us dc. And you've got over. Fifty billion dollars of usd approximates there so lot more is at stake with that. People have been watching. Two things has come in and what they're saying on the who has come inside. Janet yellen is back for another round although this time is treasury secretary rather than as he chair gary genzer to is back. Although this time is as he c- chair. Instead of cftc chair of these two there is much more optimism around gessler who has done a pretty fair bit of work to understand where the crypto industry is coming from even teaching a course at mit about bitcoin and blockchain. And of course we have someone who still around in the form. Of jay powell. The federal reserve chairman. His ex factor. And all these discussions is the potential of a central bank digital currency a digital dollar. That could potentially shift the us's relationship with these projects now in terms of what we've seen these actors say so far over the last few months up until now it's been pretty standard fare one part. There's a lot of exciting potential here. One part we have to protect investors though and one part but it's also used by criminals over the last couple of days however we've gotten both comments and news that could shift as into our next phase of understanding what the us is relationship with. Bitcoin stable coins and other digital assets is going to look going forward. So let's talk about powell speaking about cdc's and cryptos at a bank for international settlements panel yesterday. Let's talk about the announcement of digital dollar prototypes coming this summer. And let's talk about new draft fat. If guidelines around cryptocurrencies. I up powell. Did a session yesterday with leaders from the bank for international settlements including augustine carstens. We talked about last week. He was asked about crypto currencies. And whether he saw them as a threat. And here's what he said. We call them crypto assets. You know. they're they're highly volatile. See bitcoin and therefore not real useful as a store of value in there not backed by anything. They're more of an asset for speculation. So they're also not particularly in use as a means of payment. It's more speculative asset. That's it's essentially a substitute for gold rather than for the dollar. And i think with crypto acids the the the public needs to understand the risks. The principle thing is there's the volatility there's also the outsized energy requirements requirement for for mining. And the fact that they're not backed by anything so let's break out these three reasons that he wasn't particularly impressed by cryptos. I this idea of volatility or that. It's just an asset for speculation. Basically he's dismissing bitcoin and any other crypto as something that he does not have to stress about or really factor into his consideration around global monetary competition while many. Bitcoin is grabbed onto the essentially a substitute for gold piece as a great tweet and knocked to the gold bugs. Who they're trying to convert or at least undermined powell was saying this more. Like a giant shooing away. A fly gold is to him clearly. Irrelevant an unimportant antiquated part of the fiat system that he sits at the helm of in that way a substitute for that thing does not present a threat

Biden Administration Libra Mnuchin Nigeria Brian Brooks Central Bank Of Nigeria India Janet Yellen Gary Genzer Gessler United States Jay Powell Zuckerberg Bitcoin Famously Donald Trump OCC Joe Biden
"mnuchin" Discussed on Man Tools Podcast

Man Tools Podcast

02:12 min | 1 year ago

"mnuchin" Discussed on Man Tools Podcast

"Franchise to get to four hundred. Here's jake be looking for later. Shooters the dry that without without faked wholesale by the rebound tight. Didn't even know what this show zakar. A terrific save police. Most that right leg is going to be about four inches law tonight. I think when he goes to bed those david the line off. The steve mnuchin hopkins applied away. Pc world stores decent. Sudas betsy nosy. Hasim right there on his knees now just to the outside and of hands intercepted though and here comes off. It's a two on one shibata. Apparently released out here marketable juicier while the kicking i'll settle Bringing blasted by anders leave anders lee with a clean allow. that was. That's the bruins joke. Yeah saw look for it out that wanna shake you up a little anxious guinea malkin king back down about passing play. Let's get into a we have to move to the studio reach this forever. Visit river feels like forever. If any of you can hear the background the a scorching rendition of eric. Clapton's tears in heaven. We're really sorry and please don't pull any sponsorship..

Clapton four hundred two tonight david anders lee one jake steve mnuchin about four inches Hasim anders Sudas malkin
Harriet Tubman on the $20? Treasury to move forward with effort

The Boxer Show

00:20 sec | 2 years ago

Harriet Tubman on the $20? Treasury to move forward with effort

"The Treasury Department moving forward to get Harriet Tubman on the $20 bill, former President Trump was critical of the Obama era plan. Ex Treasury secretary Steve Mnuchin delayed the implementation until 2026. But the White House's president Biden steams, exploring ways to speed up the effort period. Tubman was an abolitionist activist. We'll rescue slaves in the Civil War

President Trump Ex Treasury Steve Mnuchin Harriet Tubman Treasury Department President Biden Bill Barack Obama White House Tubman
Biden administration to move forward with Harriet Tubman on the $20

Charlie Parker

00:20 sec | 2 years ago

Biden administration to move forward with Harriet Tubman on the $20

"Department's working to get Harriet Tubman on the $20 bill. Former President Trump was critical of the Obama era plan. Ex Treasury Secretary Steve Mnuchin delayed the implementation until 2026 for the White House says President Biden's team is exploring ways to speed up the effort. Harriet Tubman was an abolitionist and activist who helped rescue slaves in the Civil War era.

Former President Trump Harriet Tubman Ex Treasury Secretary Steve Mn President Biden Barack Obama White House
Treasury Secretary nominee Janet Yellen calls for "big" action at Senate confirmation hearing

CNBC's Fast Money

01:09 min | 2 years ago

Treasury Secretary nominee Janet Yellen calls for "big" action at Senate confirmation hearing

"President-elect joe biden is about to speak at a memorial honoring the more than four hundred thousand americans who have died from corona virus. We'll bring you the remarks. As soon as they begin in the meantime we wanna talk about his cabinet. The senate finance committee holding a confirmation hearing today for biden's treasury secretary pick janet yellen yellen urging lawmakers to support a biden's one point nine trillion dollar covert relief. Plan saying it is critically important to act now and not only ask now but act big because why not. Interest rates are at historic lows. The seems to make a lot of sense. Dan nathan but how about the debt. That was the big question. That was a big push back. I mean they didn't care about the debt in the last few years. I don't know why they would care now. I think if Mnuchin was still the treasury secretary yellen predecessor. I think he was on board for something that looked like two trillion for a lot of the same reasons. So i think you make the point now with interest rates here with interest rates net. Really going up anytime soon. And largely because of the fact they've tacked on four or five trillion dollars in debt in just the last few years. This is the time to do it. I agree go big

Elect Joe Biden Senate Finance Committee Pick Janet Yellen Yellen Biden Dan Nathan Treasury Mnuchin Yellen Cabinet
"mnuchin" Discussed on KQED Radio

KQED Radio

02:16 min | 2 years ago

"mnuchin" Discussed on KQED Radio

"President has used Twitter. You know, Tonto, you know, threatened his enemies to even go after you know, everyday citizens to stoke all sorts of conspiracy theories and this, you know, push to so called deep platform, the president Has been building and building and building so I think people who have been calling forward say Yes. You should put him on notice. But maybe you should just ban him now because there are plenty examples in which Trump has gone to Twitter abused the rules and has suffered no consequences. So this is a long time coming All right. NPR's Bobby Ellen reporting. Thank you, Bobby. Makes me always For decades, Sudan was known as an international pariah state, but officials there have been working to build a democracy since the country's long time leader was ousted two years ago. Today. Sudan got a big boost from the Trump Administration after signing a pledge to normalize ties with Israel. NPR's Michele Kelemen has the story. Treasury Secretary Steve Mnuchin was the latest administration official to visit Khartoum. And today in an event carried on Sudan state run television. He and the African nations justice minister signed the Abraham accords. Meant to boost relations between Arab states in Israel. It's a great honor to be here with you today, and I think we'll have a tremendous impact on the people of Israel on the people of Sudan as they continue to work together. On cultural and economic opportunities. Sudan had already agreed to this. But today it formalized its intent. By signing a document with Manouche in the Trump Administration has convinced three other Arab states to normalize ties with Israel, Morocco, the United Arab Emirates and Bach rain that's all in exchange for incentives provided by the U. S. In Sudan's case, the U. S was already seeking to strengthen a shaky new government now is part of this deal. It took the African nation that was once home to Osama bin Laden off the state sponsors of terrorism list. Treasury Secretary Mnuchin also announced that the U. S. Will help Sudan pay off its debt to the World Bank with them more than $1 billion Bridge loan that will create significant positive opportunities for Sudan and unlocking significant.

Sudan Israel Trump Administration Twitter Bobby Ellen Steve Mnuchin NPR Osama bin Laden Trump President United Arab Emirates Khartoum African nations Manouche Michele Kelemen Abraham World Bank U. S justice minister
NYSE Says Again It Will Delist Three Chinese Telecom Stocks

Techmeme Ride Home

03:49 min | 2 years ago

NYSE Says Again It Will Delist Three Chinese Telecom Stocks

"The trump administration is in its final days. But that doesn't mean that they're not still pressing ahead with their aggressive china policy when it comes to tech president trump has signed an executive order banning transactions with aunt groups ali pay tencent's wechat pay and q. Q. as well as five other chinese payment apps quoting reuters lee order argues that the united states must take aggressive action against developers of china software applications to protect national security it tasks the commerce department with defining which transactions will be banned under the directive within forty five days and targets tencent holdings q. q. And we chat pay as well quote by accessing personal electronic devices such smartphones tablets and computers chinese connected software applications can access and capture vast swaths of information from users including sensitive personally identifiable information and private information. The executive order states such data collection quote would permit china to track the locations of federal employees and contractors and build dossiers of personal information the document ads and quote so as i've said several times when it relates to the subject i still haven't developed a definitive opinion about this whole tech cold war with china. Smart people. I know really do believe that. China's tech ambitions are set to the us's dominance in various ways and so must be meaningfully countered the problem. I'm having though is at least these last few years. The trump administration in my opinion hasn't put together a coherent argument about what they're doing. Or why so. It's hard for me to even form an opinion. That's not me being political. That's just me being someone in the tech industry that feels this whole posture. Vis-a-vis china by the government has been maddeningly inconsistent. So far case in point after pressure from the us government. The new york stock exchange said it would delist the stocks of three chinese companies china mobile china telecom and china unicom in order to satisfy an executive order imposing restrictions to prevent american companies and individuals from investing in companies identified as being affiliated with the chinese military. Now that was always the plan they were going to list these three companies and then two days ago the nyse reverse course and said it would no longer dealers those companies now today. they're reversing the reverse quoting cnbc. The exchange reversed that decision on monday causing much confusion treasury secretary mnuchin told the exchange that he disagreed with the original reversal. A senior administration official told. Cnbc's eamon jabar's the mis's said the latest reversal was due to new guidance. From treasury's office of foreign assets control that said people in the us could not engage in certain transactions with the three companies as of next monday trading of the three securities will be suspended at four pm eastern time on monday the exchange said and quote. See what. I mean confusing as all get out isn't it. China mobile is a one hundred billion dollar company. I believe they've been listed on the nyse for more than a decade. As i said before around these issues capitalism requires a clear set of rules that everyone involved in the great game of capitalism can understand if you don't know what the parameters of engaging and capitalism are then that's not capitalism so i guess one of the bigger questions going into the new year does president biden have as big an ax to grind with china tech as president trump. Did and will we get a more coherent position. Vis-a-vis chinese tech

China Tencent President Trump Lee Order Commerce Department Nyse ALI Reuters United States Mnuchin China Telecom Eamon Jabar Unicom Treasury Us Government Cnbc Office Of Foreign Assets Contr
Sudan says it signs pact on normalizing ties with Israel

NPR News Now

00:55 sec | 2 years ago

Sudan says it signs pact on normalizing ties with Israel

"Sudan has formally signed what are known as the abraham accords to normalize ties with israel treasury secretary steven mnuchin was on hand for the event. Npr's michelle kellerman has details. The trump administration has been encouraging arab states to normalize ties with israel in exchange for separate deals with the us in sudan's case the us remove the african nation from the state sponsors of terrorism list in order to ease sanctions after sudan agreed to compensate victims of several terrorist attacks in africa. Mnuchin also says he signed a deal to provide a loan to sudan to help it clear about one point two billion dollars in arrears to the world bank that could provide much-needed international help four sudan which had been a pariah state during omar shears thirty year role. He was ousted in twenty. Nineteen michelle kellerman. Npr news

Sudan Steven Mnuchin Michelle Kellerman Israel Mnuchin Abraham NPR Treasury United States Africa Omar Shears Npr News
Protection of Personal Data in Blockchain Technology

Unconfirmed: Insights and Analysis From the Top Minds in Crypto

03:16 min | 2 years ago

Protection of Personal Data in Blockchain Technology

"Zor. Res- asks what do you think about. Privacy designed blockchain so. It's kind of interesting because these blockchain's are sort of under attack. I guess you could say from regulation right now. A melted mirrors actually talked about this in the episode that he did with her and lynn alton Where she said that. That's kind of the main thing she'll be looking out for twenty twenty one and i think You know we at this moment that i'm recording this. We only have rumors about what type of regulation it was that Treasury secretary steve mnuchin wanted to put on crypto right. Now because i think actually you privacy coins were in the crosshairs and this was something night. Jessie liu who came on unconfirmed talked about She was the what was it. Former attorney for dc. She's prosecuted a ton of cases are around some of the biggest ones involving illegal. Use bitcoin and via actor state actors like north korea or by the child porn website in in korea. Welcome to video. And and some of the other big criminals like terrorists and stuff and weight point. Is she highlighted by a something that she was noticing in. I can't remember it was the dot enforcement framework actually and I do think you know this is going to be something that comes up again because brian brooks the action control of the currency. Also kind of you know. When i asked him about what how he thought the. Us might regulate privacy. He said oh well you know the. Us is different from other countries because we're We're the victims of terrorism or or were subject to terrorism or something like that and he said that he thought people would be willing to make a trade off for that. Which i thought was very interesting. A really was curious to know what the crypt communities reaction was to that comment. But yeah so. I think we're going to see that kind of come up as a battle and i actually. I would be surprised. If in the end there wasn't some way to have Blockchain side feature privacy prominently because in a way. I can't imagine the technology really taking off in all the ways that it could take off if there wasn't such a feature and you even see that like in a forthcoming episode. I have unconfirmed. It's a panel discussion but there is somebody from the federal reserve who talks about building systems for central bank digital currencies. Who says you know flat out like you can't design these systems unless you have privacy you as a consideration from the beginning he said it cannot be an afterthought and and he's talking about for central bank digital currency so. I really do think that you'd at least some of these vaccines will have to feature it prominently and i. I don't think that we're going to end up with blockchain set it at all. I would be surprised on a long enough time scale. I do think in the in the beginning. There might be a bit of a battle. But i think after we got real adoption then i would be very surprised if we don't start to see more privacy

Blockchain Lynn Alton Steve Mnuchin Jessie Liu Brian Brooks Treasury North Korea DC Korea United States Federal Reserve
$600 stimulus payments have started going out, Treasury Secretary Mnuchin says

WTOP 24 Hour News

00:22 sec | 2 years ago

$600 stimulus payments have started going out, Treasury Secretary Mnuchin says

"Of Americans are starting to get those $600 payments from Washington. Some Americans may already have that $600 Cove in 19 relief payment, lawmakers agreed on in their bank accounts direct deposited by their uncle Sam. Treasury Secretary Mnuchin said the I am was to start direct depositing those payments last night paper checks will start going out today. I'm Rita Fall Way

Treasury Secretary Mnuchin Washington SAM Rita Fall
US stocks open broadly higher as trading for 2020 winds down

WTOP 24 Hour News

00:45 sec | 2 years ago

US stocks open broadly higher as trading for 2020 winds down

"Boosts optimism in one of the final trading sessions of the year. Tech shares were among the best performers in the S and P 500 stocks are pushing to new highs today. The drive to get $2000 stimulus checks to Americans remains bogged down in the Senate Majority leader Mitch McConnell blocked an attempt to set up a vote on a house passed bill. It would boost the payments from the current $600. Some people may have received those $600 stimulus checks last night, U. S Treasury secretary Steve Mnuchin tweeted that the checks could start arriving in some accounts by direct deposit as early as last evening. He said paper checks would start going out today. And just like last time, you can use the iris website to check the status of your payment. Meanwhile, unemployed people claiming federal

U. S Treasury Mitch Mcconnell Steve Mnuchin Senate
Fed extends Main Street lending program's termination date to Jan. 8

Bloomberg Daybreak: Asia

00:29 sec | 2 years ago

Fed extends Main Street lending program's termination date to Jan. 8

"Fed has delayed the termination of the main street lending program by a week. The end date now, January 8th. The hope here is to finish processing. Loan submitted by a deadline of December 14th. Now the extension has already been approved by Treasury Secretary Mnuchin. You know, the Main Street London program has struggled to live up to its initial promise to provide as much as $600 billion in credit to companies damaged or adversely impacted by covert 19.

Treasury Secretary Mnuchin FED London
Cheques, imbalances: Americas fraught stimulus

The Economist: The Intelligence

07:53 min | 2 years ago

Cheques, imbalances: Americas fraught stimulus

"America's house of representatives passed another version of stimulus bill yesterday. This one promising. Two thousand dollar checks to the majority of americans use would make a difference in the lives of americans who are facing the greatest uncertainty that they've experienced for many of them in their lifetime. It's unclear if the measure will pass in the senate making it yet another twist in a last minute. Saga to provide economic assistance to millions of struggling american workers and businesses the original two point three trillion dollar spending package included nine hundred billion dollars for pandemic relief in addition to funding the federal government for the next year. They was hastily negotiated in the run-up to christmas by a bipartisan group including president. Trump's treasury secretary steve mnuchin but after it was passed by the house and the senate. Mr trump criticized the bill saying it didn't do enough to help. Ordinary americans in really is a disgrace for example among the more than five thousand pages in this bill in the end. He didn't make good on his threat to veto the legislation on sunday but he demanded another congressional vote on increasing the value of the stimulus checks. A measure supported by many more democrats than republicans. I worry that this wapping four. Hundred and sixty. Three billion dollars won't do what's needed stimulate the economy or get the jobless back to work. Whatever the outcome the relief couldn't be more needed. Government has been deadlocked on the matter for months and in just over three weeks. It'll be president. Joe biden who inherited the budget. The stimulus plans and the problems brought about by all the footdragging. Congress rarely compromises these days injuries. Cologne is the economists. Washington correspondent and it was truly a compromise measure. That will do some good I think for the american people. So what's in the bill actually been passed by both houses and signed by president trump. the new sumo's spill that president trump signed into law includes a couple of important provision. One of which is another round of direct checks civil. Go to americans. These are going to be half as big as the ones that were passed in march so these will be six hundred dollars per person as opposed to twelve hundred and there's also going to be a new federal top in unemployment benefits. Most americans have beginning six hundred dollars a week until those benefits expired back in august. The new benefits are going to last for eleven weeks and they will be about three hundred dollars per week. And there's a few other things it's very long. Bill is fifty six hundred pages. Almost that was negotiated very much at the last minute. Among the more important parts are another three hundred billion or so which are going to be allocated for the payment protection program which subsidizes businesses to make sure that they don't have fire people and why the president trump had Such a hard time signing why the delay. That's an interesting question. Depends on how generous he wanted to the president. Many people pointed out the seeming lack of logic about refusing to sign a bill that had been negotiated with his administration. Nancy pelosi of negotiating with steve mnuchin. The treasury secretary about the contours of the bill and this compromise was was forged with mitch. Mcconnell the republican leader in the senate there had been little indication before the bill was actually passed that donald trump had match of objection to it wants. It came to his desk. He thought of the bill was pathetic and that it needed to have much more generous person check but ultimately donald trump decided not to hold up the bill and and this is a relief package that americans have really been waiting some time for. Yeah absolutely the initial cares. Act was a huge injection of stimulus. But it was passed all the way back in march and a lot of the major provisions of the cares act expired back in august and interestingly because that was more than two trillion dollar bill what you saw in the first month of the pandemic was actually pretty solid progress against already in america. You saw a twenty five percent reduction from its pre pandemic levels and what you've seen since the expiration of those benefits is a very fast resurgent so all of those gains in poverty reduction have been Erase this point and if you look at other indicators of hardship whether it's the sheriff families who say that they can't afford food thirteen percent of american families right now are saying that they have not had enough to eat in the last week from the latest census bureau. Polls you see thirty percent of americans who are renting say that they have little to no confidence that they will be able to pay next month's rent and those measures that we've been tracking have gone up significantly in the past couple of months and put this into some context. How does this This relief package on the whole compare with with similar ones offered by other countries britain germany. And so on so at this point america. We'll have done over three trillion dollars of direct stimulus. And if you compare. America to other countries on the basis of how much money does it immediately inject into the economy. America looks fairly outstanding. Where america doesn't look as generous on the stimulus front is on its guarantee. Liabilities made with businesses so european countries are much more likely to guarantee loans use the central bank much more than america has used the fed as part of their strategy for addressing similar. So depending on whether or not you think. Direct relief to americans is more important You could say that america's really well if you think that subsidising businesses and making sure that they stay open is the vital point of covid relief that you could say that the europeans have done better but another facet of this was that the bill apparently contains what president trump called the pork but a lot of provisions that aren't sort of directly related in that way it does and that's in part because it was attached to the bill that keeps the government open in funded for the next year and that obviously has a lot of unrelated provisions because it is the bill that funds entire federal government. You know there are measures on a teddy roosevelt presidential library. Independent commission to oversee horse racing. Racine those kinds of things have been snuck in but also some provisions that might not have been obviously related to covid but that are probably good like an end to the practice of surprise billing which is basically where you go to a hospital. That's in your insurance network. You're treated by dr who is affiliated with a different network and you get a very large bill and all this is happening of course in the in the twilight of mr trump's presidency. Where does this leave. Joe biden as as he starts to come in this really sets the initial conditions for joe biden's presidency a lot of the unemployment benefits for example will expire in mid march which will mean that there will be some period of renegotiation. We saw chuck schumer. Who is the democratic leader in the senate say that the bill will only partially cover some of the depths that americans are in right now economically. Unfortunately the troubles are so deep. The abysses so long that we need more and this is just a first step. This is an emergency. We need a second bill to continue. So that's going to set up a new challenge for them in the opening days of the administration when biden would probably rather try and pursue a big legislative victory like infrastructure. Or something else. A lot of it is gonna turn on what happens in the upcoming senate races in georgia. The runoffs will decide the last two seasons senate and that will determine whether or not democrats or republicans control it if republicans keep those seats and democrats. Don't have control of the senate. I think it's probably quite likely that this is the last big stimulus measure that americans are gonna see addressed. Thank you very much for your time. Thanks so much for having

President Trump Steve Mnuchin America Senate Mr Trump Treasury Donald Trump Joe Biden House Of Representatives
The stimulus package is being flown to Florida for Trump's signature

Mornings on the Mall with Brian Wilson

01:17 min | 2 years ago

The stimulus package is being flown to Florida for Trump's signature

"China. Boxes. Jill NATO, Americans are still waiting to find out if and when they will get a stimulus. Check Congress that the covert and spending bill the Florida yesterday so President Trump could sign it. It's unclear President Trump will sign legislation providing $900 billion in Corona virus relief at $1.4 Trillion in full government funding. Perhaps the only missed a quiz believing the president and secretary Mnuchin when we were told that the bill will be passed would be signed by the president. United States House Democratic leader stay. Hoyer's This provision took months to negotiate in a bipartisan manner and with White House input. Boxes Jarod help from President Trump's demanding the stimulus checks be increased to $2000. And he wants Congress to reevaluate foreign aid if he fails to sign the bill by Monday that will trigger a government shutdown. President Trump, however, veto the national defense spending bill, and that's become an issue in the Senate runoff elections in Georgia. Democrats are criticizing Leffler and fellow Georgia Senator David Perdue for their continued silence whether they will vote to override President Trump's Vito. Of the annual defense spending Bill. Party spokesperson says Senator Leffler must choose Will She bucked President Trump or block critical funding for George's service members and

President Trump Jill Nato Secretary Mnuchin United States House Congress Corona Hoyer Jarod China Florida Senator David Perdue White House Georgia Leffler Senate Senator Leffler Vito
Why Trump waited until after relief bill was passed to push for $2,000 checks

WTOP 24 Hour News

02:26 min | 2 years ago

Why Trump waited until after relief bill was passed to push for $2,000 checks

"Next week on Monday, shall force lawmakers to take a recorded vote on $2000 stimulus checks for Americans. This comes after President Trump demanded such checks in a recorded Twitter video. And we've just learned the massive government funding and coronavirus relief package is being sent to Florida tonight where President Trump is mulling whether decided into law, a person familiar with the matter tells the hill. The measure will be sent tomorrow. Lago, where President Trump is spending the holidays. White House officials have declined to comment on whether he plans to sign it or veto it. House Majority Leader Steny Hoyer of Maryland is slamming the president, accusing him of backtracking on the understanding that he would sign the legislation to fund the government for the next year. Providing Americans with $600 stimulus checks and sending out other coronavirus hate. We sent the bill to the president to President Trump to sign and on Lee then After we agreed on I figure we thought was too low for direct payments to families and Children, $600. But the Republicans would not take a higher figure on Lee then did the president. United States indicate that 600 was not enough. What was President Trump's motivation for throwing this monkey wrench? We asked Paul blessed of Vice News, who says it may be a recent report giving Joe Biden partial credit for pushing through the coronavirus Hate Deal. National Democrats and Joe Biden. You know, there was a story in The New York Times that credit to Joe Biden for helping to get Democrats over the finish line. I don't know if you recall, but they had For much bigger stimulus packages the House and passed the $3.4 Trillion bill and then the $2.2 trillion bill earlier in the year, so they were not very happy with it until I think that Joe Biden stepped in and was definitely encourage them to help take the deal. So there was reported in the Washington Post, Trump had his aides in the White House and tried to talk him down from demanding the $2000 checks. No. Before the election, he had called for bigger checks. That was sort of one of the things he wanted to run on. He signed the checks that came out earlier this year. You know, people got letters saying, you know, Donald Trump essentially gave you the check. You know, this is always something he had demanded. But, yeah, the White House had been, you know, super involved in the negotiations this time around after the toss between Treasury Secretary Steve Mnuchin and House Speaker Nancy Pelosi called part. This is a bill that was crafted by a bunch of centrists in the Republican and Democratic party in the Senate. He just kind of stepped in last minute and demanded this big increase in the Czech money. What else? She's on your mind, by

President Trump Joe Biden House Majority Leader Steny Ho Lago LEE White House Maryland Twitter Florida The New York Times United States Paul The Washington Post Donald Trump Steve Mnuchin
Donald Trump rejects $900bn Covid-19 relief bill, calling it 'a disgrace'

NPR News Now

00:43 sec | 2 years ago

Donald Trump rejects $900bn Covid-19 relief bill, calling it 'a disgrace'

"Trump left washington wednesday to spend the holidays. It is mar-a-lago resort in florida. Trump leaves after stoking fears of government shutdown in the middle of the pandemic. Npr's miles parks reports. The government is set to shut down monday night. If trump refuses to sign the spending package that congress agreed on earlier this week. The bill was originally thought to be a sure thing. Seeing trump's treasury secretary steven mnuchin was involved in the deals negotiations. But the president released a video. Tuesday calling the deal a disgrace. Trump didn't explicitly say he would veto the spending bill which also includes a new round of covert relief funding for the country. But the bill's future is significantly murkier. Now trump is expected to be in florida until new years day

Lago Resort Donald Trump Steven Mnuchin NPR Washington Florida Congress Treasury