Former U.S. Treasury Secretary Steve Mnuchin has weighed in on the recession debate, stating that he believes the United States is already in the midst of an economic downturn that will continue for the next two years. Speaking at Saudi Arabia’s Future Investment Initiative (FII) conference in Riyadh on Wednesday, Mnuchin, who served under President Donald Trump’s…
Ex Treasury Secretary Steven Mnuchin Says America’s in a Recession That Will Continue for Years
SoftBank Backs Steven Mnuchin’s $2.5 Billion Private Equity Fund
September 22, 2021
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SoftBank Group will invest in a $2.5 billion private equity fund set up by former U.S. Treasury Secretary Steven Mnuchin, the Japanese conglomerate said on Wednesday without disclosing the size of the investment. The fund, Liberty Strategic Capital, will be backed by SoftBank’s $40 billion second Vision Fund and Abu Dhabi-based sovereign wealth fund Mubadala,…
NTD Business Full Broadcast (Dec. 21)
Updates on the disputed election. The Trump campaign says it’s shifting its focus to Dominion voting machines. Congress reaches an agreement on a $900 billion dollar aid package. As part of the deal, Treasury secretary Steven Mnuchin says Americans could receive the stimulus payment as early as next week. And people in London try to…
Treasury Under Fire for Trying to Soften Trump’s Ban on Chinese Securities
December 19, 2020
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WASHINGTON—A conflict within the Trump administration has come to light over how to implement the president’s new executive order that protects American investors from “malign” Chinese companies. Financial Times reported on Dec. 17 that the Treasury Department has attempted to “water down” the executive order that bans investment in companies with ties to China’s People’s Liberation Army…
US News
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