Follow along LIVE: Powell, Mnuchin testify on coronavirus relief now
Federal Reserve Chairman Jerome Powell and Treasury Secretary Steven Mnuchin will testify to the Senate Banking Committee on Tuesday and give their latest assessment of the coronavirus pandemic that has shut down the economy since mid-March.
Specifically, Powell and Mnuchin have been called to discuss the aid programs set up by the $2.2 trillion relief measure passed by Congress two months ago. A large portion of the funds remains unspent.Here is our preview:Mnuchin, Powell to face grilling
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Powell, Mnuchin to face Senate grilling on U.S. coronavirus responseThe U.S. government's handling of its massive economic response to the coronavirus pandemic will come under scrutiny on Tuesday as Treasury Secretary Steven Mnuchin and Federal Reserve Chair Jerome Powell testify before the Senate Banking Committee.
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READ: Mnuchin, Fed Chair Powell Testimony On Coronavirus ReliefTreasury Secretary Steven Mnuchin and Federal Reserve Chair Jerome Powell will address the Senate Banking Committee tomorrow about coronavirus relief aid. Read their written testimonies 👇
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Mnuchin, Powell to face Senate grilling on stimulus programsThe hearing comes on the heels of a report from the new Congressional Oversight Commission that found the Treasury Department has spent little of the $500 billion Congress specifically appropriated for lending to businesses and state and local governments
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Mnuchin And Fed's Powell Set To Brief Senators On $2 Trillion Coronavirus ActThe Senate Banking Committee is holding its first review on coronavirus relief funding, calling on Treasury Secretary Steven Mnuchin and Federal Reserve Chair Jerome Powell to speak about their stewardship of the $2 trillion. Watch the Livestream here 👇
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