Treasury Secretary Steven Mnuchin and Trump administration officials descended Friday on Capitol Hill to launch high-stakes negotiations with Senate Republicans and Democrats racing to draft a $1 trillion-plus economic rescue package amid the coronavirus outbreak. The closed-door convening is the biggest effort yet from Washington to shore up households and… Read More
“Trump Checks” are coming? Here’s when they’d arrive…
The Treasury Department said Wednesday it wants to start issuing direct payments to Americans by early next month as the centerpiece of a $1 trillion plan to stabilize the economy as the coronavirus epidemic threatens a body slam to taxpayers and businesses. In a memorandum, Treasury proposed two $250 billion… Read More
Trump orders: Send the American taxpayers checks
President Donald Trump wants the government to send checks to Americans in the next two weeks in an effort to curb the economic cost of the coronavirus pandemic, Treasury Secretary Steven Mnuchin said Tuesday. “The president has instructed me we have to do this now,” he said at the White… Read More
Financial markets crash amid virus outbreak
Global stocks fell sharply Monday after central bank moves to shore up economic growth failed to dispel investor’s fears over virus controls that are shutting down global business and travel. There were no glimmers of optimism: European and Asian stock indexes were down as much as 10%, as was the… Read More
Elderly millionaire Hawaiian “princess” being manipulated?
A 93-year-old Native Hawaiian heiress needs someone to handle her estate despite taking testimony from the so-called princess on Monday that she didn’t need a conservator because she’s still alive, a judge ruled Friday. Sponsored: 23-year-old military study STUNS researchers “Ms. Kawananakoa is a charming and gracious lady, in the… Read More
MLB will suspend 2020 season indefinitely, experts say
Major League Baseball is likely to cancel the rest of its spring training game schedule due to the coronavirus and probably will announce that the start of the season will be delayed indefinitely. The people spoke on condition of anonymity because no decision had been announced. They said baseball Commissioner… Read More
IRS giving Americans April 15 tax delay, report says
The White House is using all necessary measures to help the U.S. overcome coronavirus. Now Americans may be getting a break — a tax break. Sponsored: 99.9% of Americans have NOT seen this SHOCKING military study According to the Wall Street Journal, the U.S. Treasury is likely to extend the April… Read More
Mike Pence announces coronavirus breakthrough with insurers
Vice President Mike Pence announced a major breakthrough with insurers on Tuesday when it comes to coronavirus testing. Major health insurance companies pledged to the White House that they would cover coronavirus tests at no cost to patients. Unfortunately, insurers can’t control the availability of the tests themselves. While the… Read More
Stocks plummet amid coronavirus concerns, oil price war
Stocks went into a steep slide Monday on Wall Street as a combination of coronavirus fears and a crash in oil prices spread alarm through the market, triggering the first automatic halt in trading in over two decades to let investors catch their breath. The price of oil sank nearly… Read More
Foreign nationals in U.S. caught laundering $100 million
Two Chinese nationals were charged Monday with laundering over $100 million in cryptocurrency that had been stolen by North Korean hackers, U.S. prosecutors said. Sponsored: Lose weight while you sleep!? Tian Yinyin and Li Jiadong were charged in an indictment unsealed in Washington with money laundering conspiracy and operating an… Read More
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