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Without more aid, families will lose homes and small businesses will fail, the Federal Reserve chairman said. [Read More]
In his most direct comments so far, Federal Reserve Chairman Jerome Powell told the House Financial Services Committee on Wednesday that it's "very important" for... [Read More]
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Federal Reserve Chairman Jerome Powell and Treasury Secretary Steven Mnuchin urged Congress to approve COVID-19 relief funds without further delay, though Democrats continued to attack... [Read More]
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Treasury Secretary Steven Mnuchin is defending his decision to close down a number of emergency Federal Reserve loan programs at a time when coronavirus cases... [Read More]
The Federal Reserve chairman said that the increase in new COVID-19 cases both in the United States and abroad was "concerning and could prove challenging... [Read More]
A government watchdog has found that the Labor Department's widely watched weekly unemployment benefits data are providing an inaccurate reading on the number of newly... [Read More]
The decision will end the Fed's corporate credit, municipal lending and Main Street Lending programs as of Dec. 31. [Read More]
Gripped by the accelerating viral outbreak, the U.S. economy is under pressure from persistent layoffs, diminished income and nervous consumers, whose spending is needed to... [Read More]
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