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Powell and Mnuchin to Offer Starkly Different Views on Risks: Live Updates

NEWSDOS by NEWSDOS
December 1, 2020
Reading Time: 31 mins read
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Powell and Mnuchin to Offer Starkly Different Views on Risks: Live Updates

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The Federal Reserve chairman, Jerome Powell, and the Treasury secretary, Steve Mnuchin, testify on the quarterly CARES Act report before the Senate Banking Committee.CreditCredit…Pool photo by Caroline Brehman

Jerome H. Powell, the chair of the Federal Reserve, and Steven Mnuchin, the secretary of the Treasury, are testifying before the Senate Banking Committee. In prepared remarks, they painted starkly different visions of the challenges facing the United States economy in the months ahead, further exposing a rift that began to show earlier this month.

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