35 Burst results for "Steve Mnuchin"
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
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.
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
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
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
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
Attorney General Ken Paxton asked Trump administration to take back some of Houston area’s COVID-19 relief money
"Harris county judge lena aldo had strong words for texas attorney general. Ken paxton after a letter was published showing paxton wanted to take federal covid nineteen relief funding away from the county earlier this year. Our own matt harrop has fresh reporting on may twenty first paxton wrote to treasury secretary. Steve mnuchin saying harris county would be violating texas election law by using federal cove. Relief money to quote. Follow through on. Its plan to send mail in ballots to voters based on their punitive concern for covid nineteen. The letter was published by the citizens for responsibility and ethics in washington in a statement harris. County judge lena dog said quote taking emergency. Relief funds from the people of harris county would have knocked the floor out of our citizens ability to vote safely during pandemic and an important national election. Adult also called the letter from paxton quote indefensible. And says she's happy. It's out in the open. I'm at harrods houston. Meanwhile judge hidalgo is expected to join houston mayor sylvester turner later this afternoon. For an update on the region's covid nineteen
Congress Rushes to Pass Huge Coronavirus Relief Bill
"Trillion government spending bill combined with a $900 billion Coronavirus relief package, Treasury Secretary Steve Mnuchin telling CNBC those stimulus checks could show up in Americans bank accounts before the new year. The good news is this is a very, very fast way of getting money into the economy and again let me emphasize. That people are going to see this money the beginning of next week. Democrats who had initially demanded trillions Maurin aid are calling the deal. A down payment. Today is a good day, but it's certainly not the end of the story. President elect Joe Biden applauded the deal, but said Congress is work is far from over less. Michelle's the ABC News Washington As of this morning
Congress Passes COVID-19 Stimulus Bill
"A new covert relief bill after months of fighting, and President Trump is expected to sign it quickly. The $900 billion bill includes 13 billion in food assistance programs. One time $600 stimulus check to Americans making less than $75,300 weekly unemployment checks, aid to businesses and resource is to vaccinate the nation. But fall short of what Democrats originally wanted. House Speaker Nancy Pelosi here is more work to do. And it will find still money. But it will protect jobs and most importantly, it will meet the needs of the American people to crush the virus. On Monday, Treasury Secretary Steve Mnuchin said Americans could begin seeing stimulus checks as soon as next week. I'm Julie
How A Cybersecurity Firm Uncovered The Massive Computer Hack
"David Greene in Los Angeles. And I'm Noel King in Washington, D C. Good morning. How should the U. S government respond to a computer hack that breached both government networks and private companies? Most cyber security experts think Russia is responsible for the Hack and NPR's national security correspondent Craig Marie has been talking to some of them. Good morning, Greg. Good morning. No. Well, perhaps most importantly, is the half over. Absolutely not. It's still ongoing and we're continuing to learn details. We've heard now that the Treasury Department hack occurred in July, and like other government departments, this was just uncovered in recent days. Email of top officials was hacked, though apparently not. The account of Treasury Secretary Steve Mnuchin, also no evidence that classified systems were breached. This information has come from Democratic Senator Ron Wyden, who was briefed on the matter and we can expect this kind of information to sort of dribble out in the weeks and months ahead. As government agencies and private companies go through their computer networks. But clearly much of this is going to fall on the Biden administration to make sure the hack inside government computer networks is over that there's clear attribution on who did it and then to decide how to respond. These major breaches have happened before. Does the government have a strategy to deal with them? No, absolutely not. Again. There are no rules or red lines are clear consequences for adversaries who get caught Now, today what we end up seeing is lots of hand wringing and ultimately some sort of limited responses. Right now, With this current hack. We're seeing wrestling over the definition. Some members of Congress called this an act of war. Now, cyber experts and the intelligence community do see it is a big deal but more along the lines of traditional espionage, albeit on a massive scale. I spoke about this with P. W singer cyber expert at the New America think tank. This was not an act of war. This is more cold War style back and forth espionage stealing of secrets. That's why you've seen the reaction from the intelligence community to be a mix of Oh, my God. What just happened? And Gosh, we got a tip the hat to them. What a coup for them. So if there is no clear way to respond, Greg what of the range of options here? Traditional spying might generate public criticism, kicking out suspected spies, perhaps, um, sanctions, But when this has happened, it really hasn't changed the behavior of Russia. Any other adversaries they still seek. Hacking is a low cost high return proposition. Singer says the U. S can and needs to do much more and should create deterrence in two ways gave a boxing analogy, saying US needs to punch back harder and also develop more resiliency to absorb the growing number of cyber blows. Make the parallel to Mike Tyson. You don't hit him because he'll punch you back in the face vs Mohammad Ali rope a dope right through resilience where you don't hit me because it just won't work out for you. What else do we know? So we know that the government and private companies were both hacked. What do we know about the private companies? We haven't heard that much from them. Have we? No, that's right. But we are hearing more of the hackers clearly targeted. Many tech companies in this makes a lot of sense. They hackers Coley want these cutting edge cyber tools that these companies have, so presumably the hackers can use them themselves. And the first organization to detect this hack two weeks ago was fire I, a prominent cyber security firm, Fireeye CEO Kevin Mandia spoke with NPR's all things considered yesterday. And he said, these hackers were extremely sophisticated, and once they got into the system, they carried out an operation that was specifically designed to attack fire. I he realized very early on as they launch their own investigation that this was a level of tradecraft he'd never seen before. And he said the scale of this hack really drives home the need for a strong national cyber policy. It's time this nation comes up with some doctrine on what we expect Nations rules of engagement to be And what will our policy or proportional response beat of folks who violate that doctrine Because Right now. There's absolutely in escalation in cyberspace. It just seems astonishing that we don't yet have the doctrine in the year. 2020. The US, however, does have a lot of cybersecurity might what is preventing us from using it more effectively? No. Well, you're still seeing a lot of things that are in the works. Homeland Security Cyber Agency was just launched in 2018 and focused on the elections this year. And and by all accounts, did I did I did a good job. Right now, There's the military authorization bill on the president's desk waiting to be signed. It has money for additional cyber upgrades, and by all accounts, you're seeing a lot more cooperation between the government and private tech companies. But this country is losing huge sums of money due to the cyber attacks. And a couple years ago, the N S a director Paul Marcus, Sony was at his confirmation hearing. And he was asked if adversaries fear the U. S and cyberspace, he said the answer is absolutely not. MPR's Greg Marie, Thanks so much, Greg. My pleasure. America's hospitals are really
Experts Weigh In On How U.S. Should Respond To Massive Computer Hack
"Should the us government respond to a computer hack that breached both government networks and private companies mo- cybersecurity experts think. Russia is responsible for the hack and npr's national security correspondent. Greg myra has been talking to some of them. Good morning greg. good morning noel. Perhaps most importantly is the over absolutely not it's still ongoing and we're continuing to learn details. We've heard now that the treasury department hack occurred in july and like other government departments. This was just uncovered in recent days. The email of top officials was hacked. Apparently not the account of treasury secretary. Steve mnuchin Also no evidence that classified systems were breached This information has come from democratic. Senator ron wyden who was briefed on the matter and we can expect this kind of information to sort of dribble out in the weeks and months ahead as government agencies and private companies go through their computer networks But clearly much of this is going to fall on the biden administration to make sure the hack Inside government computer networks is over that there's clear attribution on who did it and then to decide how to respond these major breaches have happened. Before does the government have a strategy to deal with them. No absolutely not again. There are no rules or red lines or clear consequences for adversaries who get caught now today. What we ended up seeing is lots of hand-wringing and ultimately some sort of limited responses right now with this current hack. We're seeing wrestling over. The definition some members of congress. Call this an act of war now. Cyber experts in the intelligence community. Do see it as a big deal but more along the lines of traditional espionage albeit on a massive scale i spoke about this with p w singer cyber expert at the new america think tank. This was not an act of war. This is more cold war style back and forth espionage stealing secrets. That's why you've seen the reaction from the intelligence community to be a mix of. Oh my god what just happened and gosh. We got a tip the hat to them. What a coup for them so. There is no clear way to respond greg. What are the range of options here. Traditional spying might generate public criticism Kicking out suspected spies perhaps some sanctions. But when this happened it really hasn't changed the behavior of russia any other adversaries they still seek hacking is a low cost high return proposition singer says the us can and needs to do much more and should create deterrence in in two ways gave a boxing analogy saying the us needs to punch back harder and also develop more resiliency to absorb the growing number of cyber blows. I make the parallel to my tyson. You don't hit him. He'll punch you back in the face versus muhammad ali rope a dope through resilience where you don't hit me because it just won't work out for you. What else do we know. So we know that the government and private companies were both hacked. What do we know about the private companies. We haven't heard that much from them. Have we know that's right. But we are hearing more of the hackers clearly targeted many tech companies in. This makes a lot of sense. They that hackers want these cutting edge cyber tools. These companies have so presumably. The hackers can use them themselves in the first organization to detect. This hack. two weeks ago was fire. I of prominent cyber security farm fire. Icao kevin mantius spoke with all things considered yesterday and he said these hackers were extremely sophisticated and once they got into the system. They cured out. An operation was specifically designed to attack fireeye. He realized very early on as they launched their own investigation that this was a level of tradecraft he'd never seen before and he said the scale of this hack really drives home the need for a strong national cyber policy. It's time this nation comes up with some doctrine on what we expect. Nations rules of engagement to be. And what will our policy or proportional response speed of folks. Violate the doctrine. Because right now there's absolutely esscalation in cyberspace it. It just seems astonishing that we don't yet have the doctrine in the year. Twenty twenty the. Us however does have a lot of cybersecurity might what is preventing us from using it more effectively. While you're still seeing a lot of things that are in the works Security cyber agency was just launched in twenty eighteen at focused on the elections this year and by all accounts did a did a did a good job right now. There's the military authorization bill on the president's desk waiting to be signed it has money for additional cyber upgrades in by all accounts. You're seeing a lot more cooperation between the government and private tech companies. But this country is losing huge sums of money Do to these cyber attacks and Couple of years ago the nsa director paul nakasone was at his confirmation hearing and he was asked if adversaries. Fear the us in cyberspace. He said the answers absolutely not. Npr's greg mary. Thanks so much. Greg my pleasure.
Congress passes massive COVID relief and government funding bill
"The new nine hundred billion dollar coronavirus relief package includes a range of measures to help the country through the pandemic among them. A second round of stimulus payments for american households treasury secretary steven mnuchin said that we should start seeing payments in bank accounts early next week but it seems like this is on track to happen relatively quickly even faster than Than last time. Coming up our tax reporter. Richard rubin will explain what's changed since the last round of checks went out plus our reporter andrew dern. We'll take us through the parts of the aid package benefiting unemployed workers and those facing possible eviction. It's after the break. Us households along jobless americans and renters struggling to make payments are all in line for some relief. The nine hundred billion dollar corona virus aid package. We'll talk about unemployment and rental assistance with a reporter andrew during later in the show. But first let's bring in our tax reporter. Richard rubin from more on the new random direct payments that. Come with the package richard. Thanks for being with us. Happy to do it. So first of all. Who's in line to get a check this time. So the checks are going to largely the same group as got checks the first time around in the spring. There's some slight changes in eligibility with the basics are the same. It's anyone who's got income for an individual up to seventy five thousand. Get the full payment for married couples. One hundred and fifty thousand have to have a social security number Children are eligible but there are no payments for non child dependence so in college students or elderly adults who are dependents. You can get a payment even if you have no income and if you're or if you have social security or veteran's benefits or any of those kinds of things you're eligible. The one big eligibility change is what we call mixed status families household where one spouse has a social security number in the other spouses maybe unauthorized immigrant and doesn't Social security number in the first round they were ineligible and this time they are actually retroactively eligible for the payment. Just for the one spouse in any children who have social security numbers so you report. The stimulus checks could go out next week. That seems like a faster turnaround than the last time right. Yeah and somebody's because of the work they did. Last may have the file basically the computer files load up with the right number six hundred dollars per adult six hundred dollars per child and send the money to bank accounts and they've got more bank information than they had in the spring because of people who don't typically filed tax returns but updated their information with the irs treasury secretary. Steve mnuchin said that we should start seeing payments in bank accounts early next week but it seems like this is on track to happen relatively quickly even faster than Than last time. Now how about people who prefer to receive a paper check so they would get it a little bit later. We're still trying to figure out exactly how long that would take. The legislative text of the bill seems to suggest that payments will be done by january fifteenth. And then any one who hasn't received one by then basically can claim it as part of their twenty twenty tax return. So that's one thing that we're kind of looking for some additional clarity on as we go forward here is exactly how this would work for people who might need a paper jacket. Might be that end up getting it on your As part of your tax return okay. So you report. The checks are based on household data from two thousand nineteen. But what if someone's family size change since. The last checks went out in the spring. So that's where the fact that all gets reconciled them. The twenty twenty tax return is important. But it's a one way reconcilable so if you had a child anytime in two thousand and twenty. They wouldn't have been reflected on the first payment or the second one. And so you would get eleven hundred extra as part of your tax refund or lowering your tax payment when you file your twenty twenty tax return the other reason you might see some people changes is if your income went down say you earned one hundred thousand twenty nine thousand nine but then your income went down so you qualify for more for the full payment for twenty twenty. Then you'd be able to claim that on on your tax return but the keeping it doesn't go the other way if your income went up to go out of the rain or any payment the you don't have to pay that back any payment you got. You don't have to pay back if you're if you're eligibility either. In terms of income dependence changes between the time of the payment of the time you value tax return. All right. That's tax reporter richard rubin. The relief package also includes measures to assist jobless. Americans and renters could be facing eviction of the end of the month for more on that we've got reporter. Andrew durham on the line from washington andrew. Thanks for taking the time to be with us. Yeah thanks for having me so this is definitely good. News for people receiving unemployment benefits. How do the numbers stack up for them. So yeah there. There's a few measures in this bill. That will help folks who are on unemployment insurance the probably the biggest one is that people who are receiving unemployment insurance right now. We'll get an additional three hundred dollars per week from the federal government so it will just increase the size of the assistance for for people who are receiving State unemployment payments other measures in. There is that it extends to other unemployment programs by eleven weeks so one of the things that are two of the things that congress did earlier this year when they first started passing relief legislation for covid nineteen is they expanded the number of people who can claim unemployment benefits to include a gig workers contract workers and freelance workers folks like that who don't typically qualify and then they also extended the timeline for state unemployment benefits so that they lasted an additional set a time and so the total time line for folks who could for receiving state unemployment benefits now Thirty nine weeks and so this bill adds onto that even further so that that that number thirty nine weeks now becomes fifty so folks who were facing the possibility of having their unemployment benefits ending In the coming week here we'll now have another eleven weeks to to draw from those benefits and the clock's ticking from any renters. A lot of them have been struggling to make payments and faced possible eviction at the end of the month when some federal protections expire head. Us a covid bill address that so it does too big things for renters in the bill. First of all it gives a twenty five billion dollars in rental assistance. That's that's aimed at kind of low income americans to help them try and cover rent in the first place but then on top of that it extends conviction moratorium which has been in place for much twenty twenty-eight it extends out for another month so that will now last it was it was set to end at the end of this month but it will now end and at the end of january so those are the two those are the two main things got folks who are worried about paying. Rents will be able to count on now
Stimulus checks of $600 are coming — here's who will get one
"$2.4 trillion spending package. Everybody keeps calling it a $900 billion relief packages. $2.4 trillion spending package includes $900 billion in Corona virus relief eyes what it is so it's part of a bigger package also meant tol keep the government open. Which makes it more sticky, I guess for lawmakers not to sign it, but we were talking. Before the break there got the $25 billion and rental assistance for millions of families struggling to stay in their homes during the pandemic. Now they had been in an eviction moratorium. That was poised to sunset at the end of the year was gonna end and they've extended The only extended it for a month. Now they can't keep extending that stuff. You know, it's kind of funny, but he's saying, although the ritual Adler the money's landlords make their money that's their revenue stream. Is that you pay rent, and then they make their house payment and then hopefully at the end of the You know, when all is said and done, they have a bunch of properties that they can sell them. They can go retire. That's the goal of a lot of people, especially lot of people who want a lot of properties, homes and the like, and they have been able to collect rent. And they haven't been able to evict anybody, which means they haven't been able to make their house payments. So they're running into problems, too. So to extend this for only a month and add about $25 billion in rental rental assistance to it, That's I don't see how things balance out there. I think they're hoping for a lot of happiness. But that's one of the things in this. That That leads me to believe that this is not the last stimulus bill because if he if they think that they're going to put $25 billion on the table, and they're only going to extend the eviction moratorium until January, 31st the country's not opening back up. Completely. My other sister in law who works in retail, and she's not back to work yet and isn't even on the list to go back to work yet you still technically an employee, but she's not on the list to go back to work yet. So if they think they're gonna extend things on Lee until the 31st, which is literally one month From the last in the last election moratorium, and then I don't see how that's going to work. I have to do something else or provide some more money. Otherwise, how much people gonna get kicked out on the street and trust me? They're not gonna allow that to happen. We're gonna do everything in our power to keep that from happening under Biden's watch unless they can find a way to blame it on Trump, and this may be what does that by the way? They might be able to say well trouble. He signed this thing, and now we're trying to work and that's the way it goes now. The legislation notably excludes two of the thorniest issues which have plagued negotiations for months, funding for state and local governments. And a liability shield for businesses against court. Coronavirus. Really that lawsuit, the 11th hour deal that would reach last night comes after days of meetings on Capitol Hill. Between all the power players there. There's some other issues here is well. They're talking about where they're trying to figure out when the check will arrive when you're going to get the payment now. Mnuchin Treasury Secretary's sexually Steve Mnuchin said today that he expects Americans will start receiving the stimulus checks as early as next week. Everything will get, you know has to get voted on and sign still, But if it does, the last process took over a month or maybe a couple of months. I think in March When everybody acted and see that your first round of payments wasn't acted on March 27th and taxpayers direct deposit information was already on fire with the areas. They started receiving their payments in mid April, so it's a couple of weeks. Um, And if they've got your direct deposit information already in play, then if you do if you're not one of the don't think that many people did, but received an actual paper check. I don't know why you would do that if you didn't have to. But a lot of people still don't trust the magic of computers. So that's a possibility there. But they according to Mnuchin, they could start receiving the stimulus money as early as next week now. The only wrench of that that I could see is the people who have aged into it, or, you know, moved into the receiving of things during this past year during the past nine months, they're the only people that could be a hitch for that, too. But for everybody else, like May I got money. Um And I got 1200 bucks. My wife and I got 2400. I think in a little bit for my son. He gave me for my daughter. That was a funny thing. My daughter was a sophomore in college. 19 years old. She was 20 by then so 20 years old. We have nothing for her, And I don't think she got anything. So there was like a vacuum there a little hole of people who didn't get it, but everything they already have the information. So like, you know, everybody is gonna get money and I imagine I'll still get something It could be in there next week that the payments In the bill will be the second round of direct payments that the Congress has made again for the first run. In March. People got $1200 per adult and $500 per child s O. It's about half what you would have gotten last time. Around, and that's another thing. I don't see. I don't really get is that the last round People couldn't pay the rent couldn't buy food because they couldn't work couldn't make a built bill payments, insurance payments and like on nothing's gotten better, really. Overall, some things have gotten a better Some people have gone back to work. But overall, not much has gotten better. So we're gonna be the less money. We're gonna get people half Again. These air things. This is the cynic in me. On. I just look at things like this, and I got another message. You know they're messing around, and the Senate committee is looking at this and saying Not much has gotten better. We're still months and months and months away from everything turning backed away. It's too the way it's supposed to be two life getting back to some semblance of normal. Out there. So we're gonna get people half assed, much money that says to me that they are banking on at least one more stimulus, probably more if things don't get back back to normal until probably the fall. If you're going
"steve mnuchin" Discussed on Newsradio 1200 WOAI
"I Treasury Secretary Steve Mnuchin says Americans will see another round of stimulus checks next week. He made those comments to CNBC after a congressional leaders agreed to a new coronavirus relief deal. Mnuchin to the checks were good because Americans actually spend the money they get. This time. Those checks will be $600, which some feel is too little, too late. Senator John Cornyn of Texas says If you don't like it, you don't have to take it. The original check was for $1200. But that was the beginning of the pandemic. So you can't really look at that, in isolation and dependent Children will receive the same $600 checks as adults. It's likely that payout to be reduced for earnings above 75,000 per single person, or 150,000. Per married couple, a new and apparently more transmissible strain of Cove in 19 in the UK is prompting the governor of New York to take action. We're not going to go through it. Again, Governor Andrew Cuomo says. This Covad variant said to be 70% more contagious is a problem given the number of Britons who fly to New York. That's why he's asked three carriers British Airways, Delta and Virgin Atlantic to add New York State to the list of the 120 countries. That require tests. Before the flights leave the UK British Airways immediately told Cuomo, New York, will be added this week. He said he would not wait for the federal government to react. Calling such a delay. Incompetence attacks is is getting so many doses of the current virus vaccine, the state's moving away from doctors and nurses. It is now starting to give the shots to first responders. Andrea Vega with San Antonio Fire Department lined up for the shots, a very big move ahead. It hopefully would bring peace of mind for everybody, knowing that there's hope out there in the department has about 400 shots to give. They go to E. M s workers first, and then they'll be available to firefighters on the road Runners have finally found an opponent to play against other bowl game essay will take all the 19th ranked Louisiana Raging Cajun in the first Responders Bowl in Dallas This weekend. You T S A was originally scheduled to play S M U and the Frisco Bowl and then Kansas State after that, But both of those games fell through Louisiana will be the second ranked team U. T S a will face this year, finishing their season at nine and one U. T. Essa is playing their second ever bowl game and looking for their first bowl win in program history. I'm Tanner Carlson News Radio 1200 W Away, I have the U. S. Is formally charging the man believed to built the bomb that brought down Pan Am Flight 103 over Lockerbie, Scotland, in 1988. The terrorist act killed 270 people, including 190 Americans, Attorney General Bill Barr told reporters. The third suspect is a former Libyan intelligence officer being held on unrelated charges. He says he's optimistic the suspect to be extradited to the U. S for trial and Jupiter and Saturn will be in perfect alignment tonight for phenomenon not seen an 800 years, the two planets will lie to become what's known as the Christmas Star. The last time this celestial event called the Great Conjunction happened was on March 4th 1226. Get the latest news anytime anywhere. Just tell your voice activated. Smart device to play news. Radio 1200 w away I on my heart radio. I'm Carrie Laki news Radio 1200 W away. I They call it San Antonio's first news. I.
$916 billion White House coronavirus relief proposal
"Really wanna fill you guys in on Corona virus aid before we do our interview with senator sanders. So let's get right to it. There's a new and critical update to the corona virus negotiations that are taking place between congressional lawmakers and the white house now. Yesterday it was reported that the white house was urgently asking. Gop senators to approve one time. Six hundred dollar direct checks to americans as part of the coronavirus relief bill and at that time it really did seem as though The trump administration was outflanking democrats in congress from the left But now it's abundantly clear that that's not actually what's going on. It turns out that the one time six hundred dollar check that would be sent to americans would be a trade-off or essentially getting rid of the federal unemployment aid of three hundred dollars per week. Okay that tradeoff off seems pretty ridiculous. And so nancy pelosi talked about it. A little bit today She certainly clap back but she did. Treasury secretary steve mnuchin released a statement. Are you in this speaker. Pelosi spoke today at five pm and on behalf of the president. I presented a nine hundred sixteen billion dollar proposal. This proposal includes money for state and local governments and robust liability protections for businesses schools and universities. Now pelosi wasn't buying it mostly because she had some insight that most others didn't have and she says while it is progress that leader mcconnell has signed off on a nine hundred sixteen billion dollar offer based on the bipartisan framework The president's proposal which cuts unemployment insurance by one hundred forty billion dollars compared to the framework is unacceptable. So she says it's a nonstarter. I absolutely agree with her. On that. and there are all sorts of issues in regard to the liability protections That are offered by republicans. But before i get to that and katie porter shredding republicans for it john. Why don't you jump in. yeah. I find it very difficult to comment on this because the contents of the package change so often. I mean just yesterday mitch. Mcconnell was saying that it wasn't a prerequisite at the liability protections. It'd be in there but now it is again. I i don't or maybe it is. I don't know. I honestly don't know we don't know what is in the bill until after it's passed and usually not even then usually we're not sure even at that point especially You know the amount of money that we're talking about but it is like it's it's again. It's perfect that they've come up with a financial trade off the onetime payments versus basically cutting off the unemployment aid that makes sense to people on insurance that planned to die in the next week and a half it makes financial sense to them or people who are yet on Unemployment insurance and Having wised up to the fact that the federal government is still effectively doing nothing to stop the spread of the virus. And so it's gonna get worse and more businesses are going to get shut down and so a lot of people that are currently unemployed are probably gonna end up unemployed by the end of this dark winter And this is as we'll probably talking about what senator sanders. This is shaping up to be the last thing that they'll do like we've waited almost a year and this. I am trying to search for word that allowed to us on this now. Right now Is the last thing that they're going to do. Insult to injury in every possible way. It's yeah it's just it's so so shameful especially when you put it in the context of how easily the funding for Defense for the pentagon is gonna pass probably with a veto proof. Vote in both the house which already happened and the senate which is likely to happen in the future. That's seven hundred forty billion dollars every year. The number goes up for the most part. And there's no debate about it. It's just going to happen. But i do want also talk a little bit about the liability protection or lybia liability shield which Mitch mcconnell seems to only care about like that's the only thing that he's been pretty insistent on It seemed like maybe he can bend to democrats will on it If there were some pretty significant trade offs But katie porter Did a great job in explaining why this is a horrendous. A provision in the stimulus bill she says you may have heard that democrats and republicans have agreed upon spending nine hundred billion dollars to fund yet another round of small business loans support hospitals in essential workers and helped the ten million people who lost their jobs through no fault of their own everyone at the negotiating table including senate. Republicans have agreed to a compromise except one mitch. Mcconnell is refusing to bring it to the floor unless it wipes away all cove related lawsuits filed that allege injury or death due to corporate negligence. And she goes on to say that. These lawsuits represent the worst of the worst examples of disregard for human life cases filed on behalf of nursing home patients and grocery store workers who died because the company in charge of keeping them safe prioritize cutting costs over protecting them. And i think one of the best examples to share with you guys is what is happening now with a tyson. Meat packing plant Where You know tyson facing a wrongful death lawsuit because dozens of their workers got sick and died due to their negligence. Cnn has more details on that. Let's watch according to the allegations. The plant manager of the waterloo facility organized a cash volume winner. Take all betting pool for supervisors and managers to wager. How many employees would test positive for covid. Nineteen in the end more than a thousand employees would catch the virus about a third of the nearly three thousand working at the plant on stare. Ernest ladders spoke to c. n. N.'s gary tuchman in april about his conversation with tyson's hr department. They told me I was i was i was i was safe. And they told me that Everything was okay and they told me. I have a better chance. A catching the corona virus. Going out to walmart and enticing. Come the work. you safe. The tyson employers also allegedly told their employees to ignore any symptoms. They might be suffering from contracting corona virus into just keep working. it's doesn't insane yeah no the. The era of self-regulation of plants like tyson one needs to change. Which is a whites. Good that the department of agriculture is gonna be controlled by tom. Bill sack who while he was governor by said that they should self-regulate
Mnuchin makes $916 billion offer to Pelosi for COVID relief bill
"Right now, Developing now, the Trump Administration is offering a $916 billion relief package to House Speaker Nancy Pelosi. Package adds a $600 direct payment to most Americans that has half the payment delivered by the March pandemic Relief bill. It does eliminate $300 per week unemployment benefit. Treasury Secretary Steve Mnuchin made the offer to Pelosi yesterday, Senate Majority Leader Chuck Schumer and Pelosi released a statement saying that they would prefer to let a bipartisan group take the lead. That group has offered a $908 billion package. It does not include a stimulus, Jack That does include $300 in weekly unemployment benefits and money to state local
Mnuchin makes $916 billion offer to Pelosi for COVID relief bill
"Nancy Pelosi and Senate Democratic leader Chuck Schumer say a $916 billion coronavirus relief package unveiled this evening by Treasury Secretary Steve Mnuchin is progress, but the two in a joint statement said. Bipartisan negotiations are the best hope for a solution. Earlier, Schumer spoke about it on the Senate floor, both parties to sit down and compromise on legislation to help the American people. That's the only way to get legislation passed. Senate Majority Leader Mitch McConnell has been pushing a smaller measure, though he wanted to include liability protections for businesses from covert 19 lawsuit. We can't get the economy back to normal if we have an epidemic of lawsuits on the heels of the pandemic. It simply won't Make it possible for us to get back to normal. The clock is ticking for Congress to reach a deal before they break for the holidays.
Mnuchin makes $916 billion offer to Pelosi for COVID relief bill
"The Treasury secretary is offering House Speaker Nancy Pelosi a coronavirus relief package with President Trump's approval. Steve Mnuchin says he sent over a deal worth $916 billion. It's slightly more than the bipartisan package that was given the thumbs up by Pelosi and Senate Democrat leader Chuck Schumer.
Stimulus package: Congress is back for a final sprint in 2020
"Financial aid that's been stalled for months. Fox is Jared Albert as more alive, and House Speaker Nancy Pelosi and Treasury Secretary Steve Mnuchin are expected to renew coronavirus relief talks this afternoon. The new chin urging lawmakers to consider nearly half a billion dollars an unspent covert resource is the past new funding based upon the recent economic data, I continue to believe A targeted fiscal package is the most appropriate federal response. The meantime, a bipartisan group of lawmakers is now proposing more than $900 billion in emergency relief. A total that would include money for state and local governments, enhanced unemployment insurance and would renew small business loans. Dave Jared on Wall Street, the Dow's up more than
"steve mnuchin" Discussed on AP News
"Terry, Steve Mnuchin and White House Chief of staff Mark Meadows met Saturday with House Speaker Nancy Pelosi and Senate Minority Leader Chuck Schumer. This was the longest Meeting we had and it was more productive than the other meeting solution, says there's a clear substantive issues Both sides agree on. We're very interested in Extending on enhanced unemployment insurance. We're very interested in schools were very interested in jobs, one potential roadblocks. Senate Majority Leader Mitch McConnell insistence. The bill protect businesses from potential lawsuits over decisions to reopen White House chief of staff Mark Meadows leader McConnell has made it very clear it's a red line staff talks continue through the weekend, with more meetings expected Monday. Ben Thomas Washington Connie Culp, the recipient of the first partial face transplant in the U. S. Has died at age 57 almost a dozen years after the groundbreaking operation. Help died Wednesday of complications from an infection unrelated to her face transplant, according to the Cleveland Clinic where her surgery was done in 2008 1 of her doctors says she was an incredibly brave, vibrant woman and an inspiration to many. At a 2009 news conference, Culp, who said it was difficult for people to look at her I asked the world not to judge people that way. Because Copes has been shot her in the face in a failed murder suicide attempt. She underwent 30 operations. Doctors say she was the longest living face transplant patient. I'm Julie Walker. Summer's Not here long so sees the sizzle with WalMart. Find out your faves such as Oscar Meyer.
"steve mnuchin" Discussed on WTOP
"Treasury secretary Steve Mnuchin predicts the American economy will rebound in the second half of this year from unemployment rates that rival the Great Depression another three point two million American workers applying for jobless benefits just last week bringing the total in the last seven weeks to thirty three point five million people CBS business analyst Slazenger taking a deeper look at the economic outlook for the second half of the year I think they have to likely get better and you know we just had such a severe and sudden downturn that really shut the entire economy down it starting in March but the think about it you know March April may June let's say those four months will we likely see things improve after that sure I don't think that that's in dispute I think there are two real critical questions one is if they do improve by how much and if they do improve how many more people are going to come off the unemployment rolls and be re employed and that is completely unknowable right now so the future sort of depends on how many of these furloughed and lay off employees how many of those jobs are actually permanent right and and you know if you think about it of course we understand that the sharp tip of this is the airline industry travel and hospitality and of course retail but I think that there are well what economists will call at second order effects knock on effects in their industries that serve those industries and certainly if you were say writing big insurance policies for restaurants you're not going to actually see that business continue and certainly if you are a mall operator and you have a period of time where this many companies just kind of not just disappear but stopped paying rent and then ultimately there's a bit of a culling of the ranks then that's going to impact it impacted your business so we have millions of people out of work some of whom will be temporarily out of work but many of whom could see these turn into permanent layoffs CBS business analyst bill plus enter Debbie Feinstein you're listening to one of three point five FM at WTOP dot com think about your mother your sister your girlfriend one in six women is a victim of sexual assault now think about your father your.
"steve mnuchin" Discussed on KLIF 570 AM
"S. S. top to seven hundred forty six thousand White House coronavirus response coordinator Dr Deborah Burke tells CBS's face the nation that it's unclear whether people who've had covered nineteen have immunity and most infectious diseases parts except for HIV we know that when you get sick and you recover are you developing antibody that that antibody is often confers immunity we just don't know if it's a community for a month and unity for six months and unity for six years the trump administration and Congress are nearing an agreement on four hundred fifty billion dollars to boost a small business loan program and that funds for hospitals and covert nineteen testing treasury secretary Steve Mnuchin appearing on CNN's state of the union says a deal appears imminent I'm hopeful that we can reach an agreement that the Senate can pass this tomorrow and that the house can take it up on Tuesday and Wednesday we'd be back up and running I'm in Kate's I conventional caucus has found cases of racism against Asian Americans are sore inside a new report by the Asian Pacific policy and planning council the documents more than eleven hundred instances of discrimination in just two weeks the caucuses it doesn't help that president trump continues to use the label Chinese virus and says it puts Asian Americans at risk the clock is is urging the U. S. commission on civil rights to step in and condemn acts against Asians while it renews its call for the president and to some members of his party to stop stoking anti Asian sentiment by using derogatory terms Linda Kenyon Washington Joe Biden has one Wyoming's democratic presidential caucus state party officials announce the results today less than two weeks after Bernie Sanders dropped out and endorsed the former vice president Wyoming began voting was still a two candidate race Biden beat Sanders seventy two to twenty eight percent out of more than fifteen thousand votes cast hi Dan Cates ninety five years so I feel free to deliver the goods key businesses and communities moving in this uncertain time we will stop going that extra mile because.
"steve mnuchin" Discussed on WLS-AM 890
"The number of confirmed coronavirus cases in the U. S. S. top to seven hundred forty six thousand White House coronavirus response coordinator Dr Deborah Burke tells CBS's face the nation that it's unclear whether people who had covered nineteen have a munity and most infectious diseases parts except for HIV we know that when you get sick and you recover and you develop antibody that that antibody is often confers immunity we just don't know if it's a demo unity for a month and unity for six months and unity for six years the trump administration and Congress are nearing an agreement on four hundred fifty billion dollars to boost a small business loan program and that funds for hospitals and covert nineteen testing treasury secretary Steve Mnuchin appearing on CNN's state of the union says a deal appears imminent I'm hopeful that we can reach an agreement that the Senate can pass this tomorrow and that the house can take it up on Tuesday and Wednesday we'd be back up and running I'm in Kate's I think rational caucus has found cases of racism against Asian Americans are sore he said a new report by the Asian Pacific policy and planning council the documents more than eleven hundred instances of discrimination in just two weeks the Caucasus it doesn't help that president trump continues to use the label Chinese virus and says it puts Asian Americans at risk the caucus is urging the U. S. commission on civil rights to step in and condemn acts against Asians while it renews its call for the president and to some members of his party to stop stoking anti Asian sentiment by using derogatory terms Linda Kenyon Washington Joe Biden has one Wyoming's democratic presidential caucus state party officials announced the results today less than two weeks after Bernie Sanders dropped out and endorsed the former vice president Wyoming began voting was still a two candidate race Biden beat Sanders seventy two to twenty eight percent out of more than fifteen thousand votes cast hi Dan Cates for ninety five years so I feel free to deliver the goods as Mrs communities moving now in this uncertain time we will stop going that extra mile because at the end of the day all.
"steve mnuchin" Discussed on KTOK
"Because that money will pump up the greatest terrorist regime in Iran I I don't understand this the administration tells us time and time again the president and all the others that this is the greatest remoter of terrorism in the world and these sanctions are related to their terror activity in their nuclear program not to the well being other people that's so now we just deliver them if you will in effect an enormous amount of money so they can sustain themselves I don't know why I don't know who made Steve Mnuchin the secretary of state but apparently he thinks money check out all kinds of people people who don't deserve it hello overseas a terrorist regime that the federal reserve should run the private capital market I'm sure you did very well at Goldman Sachs man of the people I'll be right back then it's something you don't normally take for granted and until we're able to get back they're gonna take awhile for us to get totally back to normal you might need some help doing something you are normally able to do pay your bills I don't want people not having money to live up to twelve chances today to win a thousand dollars we want to make sure Americans get money in their pockets quickly.
"steve mnuchin" Discussed on KDWN 720AM
"Go that is Steve Mnuchin the treasury secretary the economy the country in your family the help that's on the way what we still need and what does the light at the end of the tunnel look like in order to get output as you do it too early and all of a sudden it comes back and we just don't want to do it right so we take the end of April the last April thirtieth as the day where we can see some real progress pretty nice stage with us today on fox and friends new planned lockdown until April thirtieth does that make sense as some states are taking even blocking residents from in from other states from entering their state Louisiana New York you'll prasada non grata and that's where I am in right now what are the trends where is the virus going will expand on that soak some numbers global cases starting this day seven hundred forty one thousand thirty five thousand deaths the recoveries of over a hundred and fifty five thousand globally was it mean for the country four thousand eight hundred fifty six recoveries one hundred and forty three thousand confirmed cases twenty five hundred total deaths sadly in New York is still in the nexus of all this we're in the beginning but two thirds of Americans listening to me right now twenty five states under state home orders expecting some bad weeks in Boston state of California integer cargo but help is on the way that the rescue ship in Los Angeles another riches chip just pulled up the comfort he was discomfort just pulled into the New York harbor man you see there's a picture I'm gonna put it up on on Twitter shortly it's on the USS comfort going right by the statue of liberty it's there to help help is on the way the cabin center's been converted it is online the governor there has got to feel please but this report out today as we look at this ventilator situation happy listening U. S. government's got to be there but for the most part they cannot do but a run B. Amazon M. quick delivery for fifty states even though some are more popular than others for fifty states is not possible is reported today in the federalist the governor Cuomo had a shot and having thirty thousand ventilators any for golden he didn't take it so now he's berating the president I'd states were given four hundred now he's got four thousand and right now he's not using a mall because these kids I think it's smart he stored it because he knows there with the the nexus is coming but I think it's understand too if you were to look back and say why was the prison making statements we got this thing under control Larry Kudlow's making statements we have these things at the control and saying that was wrong because the testing kits weren't ready that's part of it got it we were being told the truth by China understanding yes but also understand if you're going to be honest governor did you have a chance to do this and stockpile it also as was pointed out there's a story out there in all sports Nager felt like he was caught with not not not a lot of tools when the H. one N. one this one this one flew came to his chores when he was governor so we got all these the ventilators in line Hey guess what governor brown comes in cuts the budget would have been five thousand dollars to keep them online they no longer had him so now they're not ready now to governor Gavin Newsom's credit he's not blaming he's trying to act and that's the way to do it so here's what governor Cuomo said yesterday with some good news cut twenty seven if you look early on the hospital's hospitalization rate was doubling every two days then it doubled every three days then it doubled every four days now.
"steve mnuchin" Discussed on KDWN 720AM
"Doesn't happen Steve Mnuchin and president trump will pay a price the economy of the country in your family the help that's on the way and we still need and what does the white at the end of the tunnel actually look like in order to get output as you do it too early and all of a sudden it comes back then we just don't want to do it right so we take the end of April the last April thirtieth as the day where we can see some real progress and we are seeing that new plan lockdown so April thirtieth does that make sense because some states are begging and even blocking residents from other states as you just heard me say from entering their state Louisiana New York we are now persona non grata what are the trends where is this virus going I'll expand on that so the good news is New York is guide online the Javits center full of the thousands of beds and now you're going to get this USS comfort in New York harbor they can be able to take all the other cases that they can and fit on board because of the U. S. has come from will not take corona virus cases they'll take all the others you have appendicitis that's we probably gonna go you need heart surgery that you're probably gonna go you have a heart attack that's we probably gonna go a you break your leg that's we probably gonna go that's was going to levy a pressure as the USS mercy will do in Los Angeles and they have different different ships and and different facilities going to Jacksonville as well as into Texas so we'll keep on top of that as I mentioned the case they're growing big time hundred forty three thousand five hundred twenty seven of this country deaths two thousand five hundred and thirteen there's a census could get up to with but two hundred thousand that's what the president was saying yesterday is there some hope yes the Seattle area home of the first known coronavirus case in the U. S. in the place where this all started thirty seven the first fifty victims are now seeing evidence that the strict containment strategy imposed well Elise is paying dividends tests are not rising they declined in street traffic sure the people are staying home hospitals have so far not been overwhelmed by pulmonary stad models show public affairs in Washington state suggests that the spread of the virus has slowed in the Seattle Seattle area in recent days so we'll keep our fingers crossed on that more help on the way I dont JFK airport yesterday from Shanghai twelve million gloves a hundred thirty thousand and ninety five mass one point seven million surgical mask fifty thousand gallons one hundred thirty thousand hand sanitizer all units in thirty six thousand so monitor the monitors the mom is going to be a key that's how we're gonna be able to enter buildings I sense in a very short time so we'll see what happens out of China over the next few weeks the guilty must feel was beyond comprehension unless of course they choose to choose to dial which I think they are and that is stunning but we gotta be ready for the telling the rest of the world this is awful Hey guess who's amplifying that Russia so ice was able to speak along with Stephen Ainslie to the president for an hour today on television on fox and friends and some of that neither president reflected back on how we wanted this thing to end by Easter hoped but yesterday he admitted that his experts couldn't just sit he couldn't see through is experts say there's just too much at stake out one I listen to experts we have doctor found Q. we have doctor Deborah Berks and said two of them plus many people behind them and the worst that could happen as you do it too early and all of a sudden it comes back that makes it more difficult so we're we're doing a lot of things and we don't want to do it too soon but it's you know it's taking that around Easter that's going to be your spike that's going to be the highest point we think and that is going to start coming down from there that will be a day of celebration and we just want to do it right so we take the end of April the last April thirtieth as the day where we can see some real progress and we we expect to see that that's what I hope and that's governor Cuomo said look we're increasing the numbers are increasing with their increasing at a slower rate now they're down they double every six days or doubling every other day so that gives him some hope the governor Cuomo's been strong in New York people enjoy that is he has is showing heart and showing very direct this and also whoever's producing those full screens to go along with this explanation certainly helps a lot of times you look up you know really because you might have been a place we have the ball you might be in a public place he will company okay what is going on you see the numbers and he's able to expand on the numbers so here's what he said to give them hope cut twenty seven if you look early on the hospital's hospitalization rate was doubling every two days then it doubled every three days then it doubled every four days now it's doubling every six days so you have almost a dichotomy did doubling rate is slowing and that is good news but the number of cases are still going up so you're still going up towards an apex but the race of the doubling is slowing which is good.
"steve mnuchin" Discussed on NewsRadio KFBK
"When you so residents died I mean he's just talking in generalities and they're having a big power house about this and they also have to work with the other side of the aisle because if they're going to do something like a tax break they're going to have to get cooperation in Congress from both sides of the aisle Steve Mnuchin the treasury secretary apparently is not in favor of a broad based tax cut eight five five two nine five sixty six hundred let's see if but Chris in Modesto California is in favor of it hi Chris morning morning afternoon evening wherever you are yeah yeah all an older and commuter your I was talking about but it's quarantine for two weeks if you're going to want to keep what you would expect you don't have any pets right so if you don't have if you don't have any pay then you don't have a payroll tax cut doesn't help because there's no payroll what you're saying what on state and local that's not going to get a new unit what's it called in two months when in doubt extirpated could make up for two weeks because quarantine all right so let's say your phone by the way you're in a really marginal area but let's say that they were you work says you know what we're not we're closing down for the next two weeks I we got all kinds of school districts doing it so people work in school districts you know I'm gonna what were they going to do for a paycheck they're not so what would help somebody that the company says were closed for the next two weeks how would you direct that is if you do a blanket one for everybody then then I'm I'm I'm working I'm gonna get I'm gonna get a tax benefit yet I'm not hurting from it how about the person it's hurting version of the person is not hurting how do you target how do you your available targeted therapies are excellent quality school preparing you know order to shut down for a week well one of the parents should have all the kids yeah they're all coming to take a week off well im pei it will trickle down effect it gets worse than that Chris because if you have all of a sudden the kids are home and you and your spouse are working in and you have some grandma or grandpa live anywhere near you you're going to bring the kids over to grandma or grandpa now if the kids are in school district that has the corona virus now you're going to give it to the most vulnerable pop part of the population so I mean it's where it gets it gets nuts it just we're gonna get through this but I think the numbers are going to increase and I don't know what you do with all the people that are being that are in these companies that are shutting down for a week or two or the people that work for south by southwest what they're doing their job it is gone and then one yes yeah you must log trucks on on those people you're crazy to try and well unless they can come up with some kind of replacement program for so what you do but it they can't afford that well no but I can remember Chris it's an election year so what one of the things that you do that you've got to do is you've got to keep this economy humming at least until November and then after that who cares but you gotta keep going till then yeah we don't care about it yeah yeah course Robert Wagner I'm just being I'm just being snarky about it but but that that's what it is I mean they're looking at I'm going oh my gosh we can't let this thing slow down we got an election coming up we can't have the economy slowing down all who are all these people laying off their their entire staff for two weeks that's not gonna help it's gonna take months for them to recover I don't know I I blow and then that's just for us what about all the people that rely upon products coming from China and they don't get the products you they've got a widget that is needed for you to finish building that car well you you don't have to wait it so you can't build the car show they say everybody go home until we get the widgets that's why which this is ordering all it really does it really does so it's we're all gonna learn together on this one anyway Chris thank you I appreciate your call very much Paul in New Hampshire hi Paul welcome thanks for taking my call you bet I thought I'd call your call screener I would I would introduce them to thousands sixteen and law earlier you were talking about toilet paper right I figured I figured perspective well my wife and I want your name to thousand sixteen on you want your restaurant yeah like we all your local people on in the whole country my wife wanted to use the washroom and she used to rush one of those are young lady form outside the house down well one of the most important the ones that that a lady was the only should the plug on the whole water to flush the toilet after managing all airport you're leaving people yeah well I use the restroom in the airport welcome back to Miami yeah my wife also did in both rush or it will merely for male and female what happened over there not like some of the issues in this country right right the latest in a little while a for if you want to go for sheep you are used to your office okay the band stand out for money yeah well well it it puts things a whole different perspective why if you need a whole lot thanks well it made people less leisure world from miracle.
"steve mnuchin" Discussed on KDWN 720AM
"Treasury Secretary Steve Mnuchin defied the House Ways and means committee subpoena for President Trump's tax returns. Correspondent Pamela Brown. President Trump seem is only digging in tales even more fighting the House Ways and means committee chairman subpoenas, saying the with the Treasury Secretary Steve Mnuchin saying congress doesn't have a legislative purpose here legitimate one and that he doesn't have the thorny to release a series of President Trump's tax returns in the same week. San Francisco voted to ban police use of facial recognition reporters that on the NYPD's questionable use of technology. Correspondent Jay Katini yours police department used the photo of Woody Harrelson in. It's facial recognition program in an attempt to idea of beer, the've, who looked like the actor Georgetown University center on privacy and technology highlighted April twenty seventeen sewed in a report on what it says are flawed practices in law, enforcement's USA facial recognition. The report says security, footage of the thief was pixellated produce no matches while high quality images of Harrelson Richard several possible matches and did lead to an arrest. The Georgetown report says, facial recognition has helped the NYPD crack about twenty nine hundred cases and more than five years of using the technology. TJ Cassini, Washington US diplomats or warning their commercial airliners flying over the water. Persian Gulf faced a risk of being Missa dented amid heightened tensions between the US and Iran and state university efficiences is not clear, whether anyone ever, went to with authorities to report a former Dr knell accused of sexually abusing more than one hundred fifty male students Taiwan's legislature legalize same sex marriage becoming the first in Asia to make the move a Wall Street on Friday. Stocks closed down the Dell off ninety points as down sixteen NASDAQ down eighty one. I'm Barton Necker. Donald Trump is declared war against the Federal Reserve, the winner will determine the outcome of the world's economy. My name's Adam Barada. I'm the author of the national bestselling book gold is a better way. Trump is called the Federal Reserve. Crazy is number one enemy, and believe they blown a massive asset bubble that they're rising rates will pop Trump knows. He must beat the fed to the punch before they cause another financial collapse. He'll do this by monetize in gold. His brilliant plan will cause the price of gold to double overnight. I laid all out in my in-depth report. Attention all authors. Page Publishing is looking for authors..
"steve mnuchin" Discussed on 600 WREC
"Treasury Secretary Steve Mnuchin saying the administration will not be turning over President Trump's tax returns to the house of representatives. Mnuchin modal letter two ways and means committed here, Richard Neal, saying the committee's request lacks legitimate legislative purpose. The move was expected. The attorney general misses a deadline for the four of the Muller report to be available to congress House Judiciary committee his Wednesday vote on holding attorney general William bar in contempt of congress. A committee subpoena said nine AM deadline today for the full unredacted special counsel's report, the Justice department has made a less redacted version. Available to lawmakers that concession Democrats say is insufficient. The committee's top Republican Collins calls, the contempt resolution disingenuous since negotiations about access to redacted information or continuing with the Justice department. Fox's Jared Halpern on Capitol Hill. The Justice department proposing a meeting with. Bisharat committee for Wednesday to reach an acceptable combination between bar and the committee prison time for Illinois man who plotted to kill hundreds of people editor Congo bar in two thousand twelve. Fox's grenell? Scott has more live Adele Dodi got sixteen years in prison for his plan to commit mass murder the bomb. Tried to set off was actually given to him by undercover federal agents who convinced him. It was real Dowd was arrested as he tried to detonate it. The judge today's sentencing considered other acts his slashing of a fellow inmate in prison and attempting to have an FBI agent killed prosecutors asked for forty years, but the judge cited signs of mental illness for the reduced term Dowd maintains his innocence, even after submitting an Alford plea, which says that the charges against him were factually. So thanks Grenell. Trade Representative Robert lighthizer says higher tariffs on China that President Trump threatened over the weekend. We'll take.
"steve mnuchin" Discussed on WJR 760
"As your secretary Steve Mnuchin, giving the proverbial stiff arm to House Ways, and means committee chairman Richard Neal saying in part in this letter, although the committee has a certain that any response from the department other than production of the requested materials the tax returns. We'll be interpreted as a denial that would be misinterpretation the committee's request is not been denied. Or granted. At this time. The department expects to take final action on the committee's request by may six after receiving the Justice Department's legal conclusion the house oversight committee may sanction of former White House advisor chairman Elijah Cummings is threatening to hold Carl Kline in contempt of congress for defying a subpoena by failing to appear for his schedule deposition climb was supposed to testify about his alleged role in helping to cover up wrongdoing and the Trump administration's White House security clearance process. The oversight committee is investigating allegations of impropriety. Nepotism. The committee will. Schedule a vote on the contempt charge which could include a penalty of up to a year in jail for Klein and a fine of up to one hundred thousand dollars. Linda Kenyon, Washington. North Korean leader, Kim Jong UN is on route to a summit Thursday with Russian President Vladimir Putin correspondent Brian Todd analysts of their own words of caution for Kim in that regard. They say if Kim's diplomatic dance with President Trump breaks down, and if Kim returns to a hostile posture toward the United States, he likely won't be able to count on Vladimir Putin tobacco him up when he comes under serious pressure, except on occasion, maybe to help him evade some sanctions the death toll from the multiple bombings in Sri Lanka has climbed at three hundred twenty one ISIS has claimed responsibility for the coordinated attacks and retaliation for the New Zealand mosque massacres last month on Wall Street, the Dow Jones industrial average rose one hundred forty five points, the SNP up twenty six the NASDAQ up one hundred six I'm Anne Cates. Did you know.
"steve mnuchin" Discussed on WTMJ 620
"I'm gonna combo platter. This I four ten four. Yeah. If you happen to watch any of this coverage yesterday. It's it's it's it's kind of where politics is going nowadays. Treasury Secretary Steve Mnuchin, California, Representative Maxine Waters, and I call this. Call notion say the darndest things. So this financial services committee. They get together yesterday. And they are supposed to be doing our business. We go we send to Washington DC. I wouldn't have sent Maxine Waters to Washington DC. But the folks in California have done that over year after year after year Treasury Secretary, Steve Mnuchin, he's not having any of this stuff. It's a little bit of a long clip. But I think it illustrates one of my common themes wanna talk about politics. Here's the two going head to head in Washington DC instead of having the press conference continue with those members who've been waiting here for so long. And I think what I thought originally heard was factored eighty that impacting. So is it possible? You could give us nother fifteen minutes to get to have a foreign leader waiting in my office at five thirty. Okay. I agreed to stay longer. It will be embarrassing. If I keep this person waiting for a long time. I wasn't ever press conference. I was going to short press gaggle, I'm not gonna do that. And I've assured you I'm happy to come back here and answer more of your questions. I respect the committee, and we want to have a good working relationship with you. So I hope you'll understand I'm already going to be late. If you wish to keep me here. So that I don't have my important meeting and continue to grill me, then we can do that. I will cancel my meeting, and I will not be back here. I will be very clear if that's the way you'd like to have this relationship. Thank you, gentlemen. The secretary has agreed to stay to hear all of the rest of the members of the press respect our. Time. I was next on foreign meeting you you're instructing me to stay here, and I should kill. You just made me an offer. No, I didn't make you maybe an offer that I accept it. I did not make offer just let's be clear instructing me. You're ordering me to stay here. No. I'm not going to run you. I'm responding. I said, you may leave anytime you want, and you said, okay. If that's what you wanna do. I'll cancel my appointment. And I'll stay here. So I'm responding to your request. If that's what you wanna talk. What I wanna do? I told you I would you like to do what I told you. I thought it was respectful that you'd let me leave at five fifteen a free to any time. You you make all that time you want please dismiss everybody. I believe you're supposed to take the gravel and bang. That's least Matt instruct me as to how to conduct this committee. That is Washington DC as we know two minutes of time spent on nonsense between the Treasury Secretary Steve Mnuchin Representative Maxine Waters from California stuff that frankly, their age should have been talking off, Mike, they wasted our time our money our tax dollars on that kind of nonsense. Typically when I do this segments, and I rolled this out last week policy. Politicians say the darnedest things I blow one person I'm blowing up both of these folks. Stop wasting our time with nonsense. You're a Treasury Secretary. Make your point move on. Don't sit there and go back and forth, Maxine Waters. She is what she is. And she had the microphone she was sharing that committee financial committee on financial services. But you gotta be smarter and better than this. And you wonder about the frustration that we all have about politicians and politics that is. The classic example of why there's so much dysfunction in Washington. So to Maxine Waters and tragic Treasury Secretary Steve Mnuchin listen.
"steve mnuchin" Discussed on WCPT 820
"Treasury Secretary Steve Mnuchin was questioned Tuesday about President Trump's tax returns. Linda Kenyon reports. From Capitol Hill secretary Mnuchin tells democratic congressman Mike quickly his department is well aware that the IRS wants to see the president's tax returns from the past six years, but he says personally, he's not involved or legal department has had conversations prior to receiving the letter with the White House general counsel at a house appropriations committee hearing Mnuchin did say his department is reviewing the request for the tax returns and intends to follow the law. The chairman of the House Ways and means committee who filed a request for the returns has given the IRS a Wednesday deadline to comply, Linda Kenyon, Capitol Hill. One should be tween friendly, Prime Minister Benjamin Netanyahu and Ben against remains too close to call with us. Our however than Yahoo is expected to come out victorious as he braces for the likelihood of criminal charges in a series of corruption probes. The Trump administration is expected to miss Wednesday's deadline. The handover. Those tax returns. Raising the possibility that the battle will turn into a lengthy court fight top democrat on the house finance services committee, Maxine Waters as Treasury Secretary Mnuchin is stonewalling. There's anything or anybody more important than the congress of the United States of America trying to find out exactly what the secretary is doing. He has been contradictory in how he talked about whether or not he was going to follow the law and release those tax returns as law mandates that he do. And so we need to do our oversight. We need to be able to represent the people of this country in understanding how this government were Lori Loughlin fashion designer husband Massimo, June newly have been hit with a new charge of money laundering..
"steve mnuchin" Discussed on WCBM 680 AM
"The news at six thirty one Michael Harrison wins approval from a Baltimore City council committee setting the stage for final vote next Monday on his confirmation as Baltimore police. Commissioner Harrison says he's ready to take on all of the city's problems gun violence officer morale recruitment, the opioid crisis and community skepticism about the police department. Governor HOGAN says challenging President Trump in twenty twenty is quote, not on my radar screen returning from a trip to Iowa for a national governors association event. Hogan says he's not any closer or further away and considering a challenge to Trump Mortimer democrat allies, your comings reintroduces legislation requiring the treasury department to put Maryland abolitionist Harriet Tubman on the twenty dollar Bill replacing Andrew Jackson Treasury Secretary. Steve Mnuchin remains mum on the proposal. Having said previously, though, no decision has been made Republican lawmakers in both the house and Senator pushing back on the House Democrats Bill h r one which is meant to address problems that millions of Americans have expressed in recent years over their ability to cast votes in elections. The Bill will expand voting rights. Take aim at outside money, potentially influenced. Elections as well as a host of other issues, which have surfaced over the years. Senate majority leader Mitch McConnell believed the two thousand eighteen midterm election, contradicts that notion and the Democrats are manufacturing problems. What is the problem that we're trying to solve here? We have the highest turnout last year since nineteen sixty six in an off your election. People are flooding to the polls there flooding to the polls because they're animated. They're interested. If HR one successfully passes in the house, Senator McConnell has already stated the Senate will not take up the Bill. I'll look at sports in a moment.
"steve mnuchin" Discussed on Money For the Rest of Us
"Your stock in Fannie Mae and Freddie MAC in two thousand seven Freddie, MAC stock was selling for sixty three dollars and sixty cents. Now, it's selling for less than three dollars. But it's up a hundred and fifty percent year to date. What's changed? Well, comptroller of the currency. Joseph otting was appointed by President Trump to head up. This Federal Housing finance agency that oversees Fannie Mae and Freddie MAC, and there's some speculation that that they want to take these two entities out of conservator ship. If in fact Treasury Secretary Steve Mnuchin told Bloomberg television, I would like to get them out of conservator ship. Chris Waylon, it is publisher of the institutional risk analysts. He was quoted. In almost daily grants newsletter. January eight twenty nineteen about this idea of taking these government sponsored enterprises, Freddie, MAC and Fannie Mae out of conservator ship. He says if you do that, you're you'll have to go raise money. That's what the law says. So you can put them through receivership same way they came out as they weren't inception. Then you have to go raise private capital. The only thing that matters to bond investors, the federal rapper from credit perspective that is all that matters. You are triple A or not most private mortgage. Banks are beat credits. So the idea is that Fannie Mae, and Freddie MAC they can borrow in the capital markets right now, and they can borrow at very cheap rates, and if they have to raise more capital because they're not going to be under the umbrella of US government to question is what will have to borrow it. Whether it be non investment grade, essentially single be credits or were they continue to have the implicit backing of the federal government able to borrow cheaper as they borrow capital to to build up their balance sheet, but also to buy mortgages, and again this the yield on mortgage-backed securities are lower than they would be otherwise because Fannie Mae and Freddie MAC guarantee. Those mortgage backed securities which are pulls it mortgages against default an intern because they're essentially under the control of the federal government. The US government is guaranteeing the performance of those mortgages. Wailing continues the bottom line is that in order for the GS's to function as they do today. An issue debt at the spreads. They do today. They have to have a federal guarantee. So in the hedge funds complain about the return of capital, they're wrong. The sweep of all jesse's prophets to the US treasury is payment for the use of the full, faith and credit of the United States every day. The US is unusual. Most federal governments don't protect lenders against default in the mortgage market yet in the US Fannie Mae, Freddie, MAC and Ginnie Mae. They control ninety percent of the mortgage market. They don't they're not the primary well Ginnie Mae is a primary issuer through the FHA and veterans loans, but Fannie Mae and Freddie MAC they're buying in the secondary market. So you have you have banks that are issuing. The national mortgage. And then they're selling those that qualify to Fannie Mae, Freddie, MAC, and those GS's that's ninety percent of the mortgages are are somehow they're involved with that federal Guaranty. Get the whole numbers for the homeowner rate in the US at sixty three percent isn't necessarily any hired fact, it's less than average on average in across eighteen developed countries. Sixty nine point six percent. Of households own their own home. In the US at sixty three point seven percent in Denmark, it sixty two point seven percents of very similar to the US..
"steve mnuchin" Discussed on WAAM Talk 1600
"Treasury chief Steve Mnuchin moments ago, they treasury took action against Venezuela's state owned oil company pet advice to help prevent the further diversion Venezuela's assets by former president Madero in effect. That means blocking seven billion dollars in assets at the same briefing national security adviser, John Bolton, not ruling out military action. Only saying that all options are on the table. US diplomats remain in Venezuela. A number of other countries have also recognized Guido as the interim president. But Russia, Cuba and China have nod Bolton is calling on all responsible nations as he put it to recognize Guido all of this happening at the White House press briefing where spokeswoman Sarah Sanders is likely to also get questions about the upcoming negotiations set for later this week on voiding another possible government shutdown a nineteen year old from El Salvador now face. Multiple counts of murder in Nevada were four people were killed in their homes. They're now fishery moving forward and our prosecution of wilder or Nesto Martinez newsman Marshall county DA Chris Hicks, just announcing the upgraded charges Martinez. Guzman was arrested last week and initially charged with weapons possession and selling jewelry belonging to several victims. Officials have said he's in the US illegally. The week starts with a selloff on Wall Street. The Dow down two hundred nine points at the closing bell at one point during the session, though was down.