WASHINGTON – This morning U.S. Treasury Secretary Steven T. Mnuchin held a call with his counterparts from Canada, France, Germany, Italy, Japan, the United Kingdom, the European Commission, and the Eurogroup. As directed by G7 leaders, G7 finance ministries are in regular contact to coordinate on timely and effective actions in response to the economic […]
Category Archives: U.S. Treasury
Report on Foreign Portfolio Holdings of U.S. Securities at End-June 2019
Washington – The final results from the annual survey of foreign portfolio holdings of U.S. securities at the end of June 2019 were released today on the Treasury website at https://www.treasury.gov/resource-center/data-chart-center/tic/Pages/shlreports.aspx. The survey was undertaken jointly by Treasury, the Federal Reserve Bank of New York, and the Board of Governors of the Federal Reserve System. […]
Joint Statement by Secretary Steven T. Mnuchin and Administrator Jovita Carranza on Establishing Dedicated Hours for Small Lender Submissions of PPP Applications
WASHINGTON – U.S. Treasury Secretary Steven T. Mnuchin and Small Business Administrator Jovita Carranza issued the following statement today on the Paycheck Protection Program (PPP) amid continuing efforts to aid small community lenders, their small business customers, and ensure SBA’s systems run efficiently: “In order to ensure special access to the PPP loan program for […]
Joint Statement by Secretary Steven T. Mnuchin and Administrator Jovita Carranza on the Review Procedure for Paycheck Protection Program Loans
WASHINGTON — U.S. Treasury Secretary Steven T. Mnuchin and Small Business Administrator Jovita Carranza issued the following statement today on the Paycheck Protection Program (PPP): “The Paycheck Protection Program is providing critical support to millions of small businesses and tens of millions of hardworking Americans. “We have noted the large number of companies that have […]
Treasury, IRS Announce Significant Enhancements and Updates to Get My Payment App
App updates will help more Americans receive their Economic Impact Payments faster WASHINGTON—The U.S. Department of the Treasury and IRS today announced significant enhancements to the “Get My Payment” app to deliver an improved experience for Americans eligible to receive Economic Impact Payments. “Treasury and the IRS have made substantial enhancements to the ‘Get My […]
Treasury Implementing CARES Act Programs for Aviation and National Security Industries
WASHINGTON – Today, the U.S. Department of the Treasury made a number of important announcements on payroll support and loan programs implemented under Title IV of the CARES Act. Since announcing the first Payroll Support Program payments to passenger air carriers on April 20, Treasury has disbursed an additional $9.5 billion in initial payments to […]
Joint Statement by Treasury Secretary Steven T. Mnuchin and SBA Administrator Jovita Carranza on the Resumption of the Paycheck Protection Program
WASHINGTON — U.S. Treasury Secretary Steven T. Mnuchin and Administrator of the Small Business Administration (SBA) Jovita Carranza issued the following statement today on the resumption of the Payroll Protection Program (PPP): “We are pleased that President Trump has signed into law the Paycheck Protection Program and Health Care Enhancement Act, which provides critical additional […]
Statement by Secretary Steven T. Mnuchin on the Passage of the Paycheck Protection Program and Health Care Enhancement Act
WASHINGTON—U.S. Treasury Secretary Steven T. Mnuchin issued the following statement today following passage of the Paycheck Protection Program and Health Care Enhancement Act: “I am pleased that Congress has passed the Paycheck Protection Program and Health Care Enhancement Act, which provides critical additional funding for American workers and small businesses affected by the coronavirus pandemic. […]
Statement by Secretary Mnuchin on the Spring 2020 Meeting of the Social Security and Medicare Boards of Trustees
Washington – U.S. Treasury Secretary Steven T. Mnuchin issued the following statement today after the 2020 Spring meeting of the Social Security and Medicare Boards of Trustees: “I was pleased to join members of the Boards of Trustees for Social Security and Medicare and receive their annual financial reviews. I greatly appreciate the commitment of […]
Treasury Finalizes Agreements with Major Airlines, Disburses Initial Payroll Support Program Payments
WASHINGTON – Today the U.S. Department of the Treasury concluded Payroll Support Program agreements with Allegiant Air, American Airlines, Delta Air Lines, Southwest Airlines, Spirit Airlines, and United Airlines. Alaska Airlines, Frontier Airlines, Hawaiian Airlines, JetBlue Airways, and SkyWest Airlines have also indicated that they plan to participate in the Payroll Support Program. […]