SteveMnuchin
The gravity-defying run of bitcoin has long caught the attention of retail and institutional investors. However, it appears that the one institution which the digital currency threatens its existence is beginning to see the positives of its adoption into the mainstream financial system. Q3 2020 hedge fund letters, conferences and more Paying National Debt With BitcoinThe Federal Reserve Chairman, Jerome Powell, and Treasury Secretary, Steve Mnuchin, have announced plans by the American Government to pay off its national debt using bitcoin. In a statement made available to journalists, the Fed ...
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House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin have been negotiating the relief package over the past few weeks. However, they haven’t talked to each other in the last few days, suggesting an impasse over the stimulus package. But, on Thursday, Pelosi pressed Mnuchin for a response on the coronavirus stimulus package (and checks), as well as highlighted the outstanding issues.Q3 2020 hedge fund letters, conferences and morePelosi suggests package now depends on White HouseIn a letter to Mnuchin, Pelosi demanded a White House response to the Democrats' latest offer for the cor...
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House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin have been peacefully negotiating the relief package over the past few weeks. However, the two started to blame each other for the failure after the negotiations stalled over the weekend. The same happened on Thursday as well with both Pelosi and Mnuchin started to blame each other for blocking the coronavirus stimulus and checks.Q3 2020 hedge fund letters, conferences and moreCoronavirus stimulus checks: Pelosi blames White House for no dealIt all started after Pelosi sent a letter to Mnuchin, saying she is “still awaiting” a res...
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Negotiations are still ongoing over the next stimulus package even with the presidential election just days away. It seems the negotiations between House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin on the coronavirus stimulus package and checks are going well, as on Thursday Pelosi said we are “just about there.”Q3 2020 hedge fund letters, conferences and moreCoronavirus stimulus checks: Pelosi, Mnuchin continue negotiationsJournalist Jake Sherman shared Pelosi’s comment who also said, "I do believe that both sides want to reach an agreement. I can't answer for the disarray on t...
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Coronavirus stimulus negotiations between House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin are still very much on track. In fact, the two had productive talks on Monday on the Coronavirus stimulus package and checks, and will speak again on Tuesday to try to reach an agreement. Pelosi’s 48-hour deadline is also set to expire Tuesday.Q3 2020 hedge fund letters, conferences and moreCoronavirus stimulus checks: Can Pelosi, Mnuchin reach agreement?On Monday, Pelosi and Mnuchin talked for about an hour on the phone and continued to “narrow their differences,” Pelosi’s spokesman, Dre...
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Two parallel efforts are being made to come up with the next stimulus package. One from Treasury Secretary Steve Mnuchin and House Speaker Nancy Pelosi, and the other from Senate Majority Leader Mitch McConnell. While Pelosi-Mnuchin are still to agree on a package, McConnell, on Saturday, informed that the Senate will vote on smaller coronavirus relief bills, which won’t include stimulus checks, on Tuesday and Wednesday.Q3 2020 hedge fund letters, conferences and moreMcConnell scheduled to vote on two bills without coronavirus stimulus checksOn Tuesday, the Senate will vote on a stand-alone Pa...
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A coronavirus stimulus package is one of the most talked about topics nowadays. Even though the chances of another stimulus package before the election is fading fast, a positive thing is that negotiations are still not dead. House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin talked about the coronavirus stimulus package and checks on Wednesday, and it is likely that the two will be negotiating again on Thursday.Q3 2020 hedge fund letters, conferences and moreCoronavirus stimulus checks: Pelosi and Mnuchin still negotiatingPelosi and Mnuchin discussed the stimulus package on Wedn...
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Many expected House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin to finally come up with a deal on Monday, following negotiations last week. The two talked for an hour on Monday, but didn’t come close enough to reach a deal on the coronavirus stimulus package and checks. Both, however, have agreed to talk again on Tuesday.Q2 2020 hedge fund letters, conferences and moreLawmakers 'close' on coronavirus stimulus checks dealPelosi and Mnuchin spent an hour on the phone on Monday, justifying the various amounts they proposed in their proposal, a spokesperson for Pelosi informed in a ...
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As was expected, the White House did come up with a counteroffer on Wednesday afternoon, in response to the House Democrats’ relief bill, which includes coronavirus stimulus checks. However, House Speaker Nancy Pelosi likely rejected it because the House went ahead to approve the $2.2 trillion bill.Q2 2020 hedge fund letters, conferences and moreCounteroffer includes coronavirus stimulus checksTreasury Secretary Steven Mnuchin proposed a $1.62 trillion relief bill on Wednesday, according to Lindsey McPherson of Roll Call. This new bill included increased funding for state and local governments...
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After delaying the vote on Wednesday, the House of Representatives finally voted on the $2.2 trillion coronavirus stimulus proposal on Thursday. As was expected, the proposal was approved. However, the House approval of the bill no way means that there will be another round of coronavirus stimulus checks before the election.Q2 2020 hedge fund letters, conferences and moreHouse passes $2.2T bill: what does it mean for coronavirus stimulus checks?The bill was approved on Thursday night by a 214-207 vote. Eighteen Democrats voted against the bill, while Republicans were united in opposition. Even...
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