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Tag : Treasury Department

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Will Trump’s Executive Directives Provide Relief?

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President Trump, in announcing his executive measures on Saturday, said he was bypassing Congress to deliver emergency pandemic aid to needy Americans. But his directives...
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Administration Officials Defend Executive Action on Pandemic Relief

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WASHINGTON — Facing sharp criticism, administration officials on Sunday struggled to explain the executive actions President Trump used to circumvent Congress in the absence of...
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Trump Administration Penalizes Chinese Officials for Hong Kong Crackdown

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WASHINGTON — The Trump administration on Friday imposed sanctions on Hong Kong chief executive Carrie Lam and 10 other senior officials in Hong Kong and...
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Rescue of Troubled Trucking Company With White House Ties Draws Scrutiny

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WASHINGTON — At a virtual congressional hearing in May, Senator Jerry Moran, Republican of Kansas, asked Treasury Secretary Steven Mnuchin for help. A struggling trucking...
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U.S. Small Business Bailout Money Flowed to Chinese-Owned Companies

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WASHINGTON — President Trump has blamed China for the coronavirus pandemic and the ensuing economic crisis, but as the White House looks to stabilize small...
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A Hedge Fund Bailout Highlights How Regulators Ignored Big Risks

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WASHINGTON — As the coronavirus began shuttering the global economy in March, critical parts of U.S. financial markets edged toward collapse. The shock was huge...
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Planned for a Year and Bigger Than First Thought: The Strike on Iran’s Nuclear Program

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As Iran’s center for advanced nuclear centrifuges lies in charred ruins after an explosion, apparently engineered by Israel, the long-simmering conflict between the United States...
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Lobbyists, Law Firms and Trade Groups Took Small-Business Loans

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WASHINGTON — The Trump administration, under pressure to reveal which companies received loans from a $660 billion program intended to keep small businesses afloat, on...
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Congress Extends Small Business Loan Program for 5 Weeks

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WASHINGTON — The House on Wednesday agreed to extend for five weeks a popular pandemic relief loan program for small businesses, sending President Trump legislation...