Connect with us


Trump administration’s scorched-earth policy that could destroy economy on way out – Newshub

“The Trump administration is seeking to debilitate the economic recovery as much as possible.”



post featured image

The programs “have clearly achieved their objective,” Mnuchin wrote in his letter to the Federal Reserve. “Markets responded positively, spreads tightened, and banks continued lending.”
Mnuchin said legislation intended the programs to expire on December 31, 2020.
“As such, I am requesting that the Federal Reserve return the unused funds to the Treasury.”
President-elect Joe Biden will appoint a new Treasury secretary who will be able to reauthorise the programs, but this won’t be doable until late…

Click here to view the original article.

You might also like ...

post featured image
The Kiwi chocolate which is (sometimes) cheaper in Australia –
post featured image
Flight to Wellington returns to Invercargill after mid-air lightning strike –
post featured image
Here is Air New Zealand’s latest safety video –