Tag Archives: Steven

Treasury Sec. Steven Mnuchin is working with the Federal Reserve to curtail another repo rate crisis, report says

Treasury Sec. Steven Mnuchin is working with the Federal Reserve to curtail another repo rate crisis, report saysMnuchin told the House that he and Fed Chair Jerome Powell met multiple times to discuss liquidity concerns ahead of year-end reserve obligations.



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Steven Mnuchin may have gone against IRS warnings to help a friend get a major tax break

Steven Mnuchin may have gone against IRS warnings to help a friend get a major tax breakTreasury Secretary Steven Mnuchin may have used his position to help a billionaire friend earn a significant tax break and subsequent profits, despite the Internal Revenue Service warning against it, The New York Times reports.The Treasury Department, reportedly at the personal instruction of Mnuchin, made an area of land in Nevada owned by financier Michael Milken, who was reportedly an inspiration for the character of Gordon Gekko in the film Wall Street, eligible for a federal tax break that it did not previously qualify for after alleged pressure from Milken's business partner and other landowners.The IRS expressed its doubts about the decision, arguing in an internal memo obtained by the Times that "failure to apply the designation standards equally across the board will call into question the legitimacy of the process by which the designations were made." The memo also stated that the appearance of "arbitrary" Treasury standards like this one could open the "door for accusations that the determination process was influenced by political considerations or bias."Spokespersons for both Mnuchin and Milken, who are reportedly longtime friends, said the two men did not discuss the matter and Mnuchin had no knowledge of Milken's investments in Nevada. Regardless, the report has already spurred criticism. Read more at The New York Times. > THREAD: Let's start with this smoking-gun memo-obtained by The New York Times. Treasury at direct order of Sec. Mnuchin took what staff at IRS warned would be seen as a overtly political act & one could undermine the integrity of a multi-billion dollar Trump-era federal tax break pic.twitter.com/XrToQiBa1r> > — Eric Lipton (@EricLiptonNYT) October 26, 2019> And the bottom line is that Mr. Mnuchin directed his staff to take a move that many strongly objected to, and which some saw as overtly political, and which stood to benefit his billionaire friend, Milken. (Nevada Gov sent in this letter 45 minutes after phone call with Mnuchin) pic.twitter.com/CnlzVcDAxF> > — Eric Lipton (@EricLiptonNYT) October 26, 2019



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Steven Avery attorney: 'We won!'; court to hear new evidence in 'Making a Murderer' case

Steven Avery attorney: 'We won!'; court to hear new evidence in 'Making a Murderer' caseKathleen Zellner, attorney for "Making A Murderer" subject Steven Avery, tweeted "We won!" after the Wisconsin Court of Appeals decision.



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Marco Rubio Urges Treasury Secretary Steven Mnuchin To Scrap Saudi Arabia Trip

Marco Rubio Urges Treasury Secretary Steven Mnuchin To Scrap Saudi Arabia TripSen. Marco Rubio (R-Fla.) is calling on Treasury Secretary Steven Mnuchin to



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Steven Mnuchin Doesn't Want People To See Video Of His Heckled UCLA Talk

Steven Mnuchin Doesn't Want People To See Video Of His Heckled UCLA TalkTreasury Secretary Steve Mnuchin doesn’t want you to see what happened when he spoke at the University of California, Los Angeles on Monday. The Burkle Center for International Relations invited Mnuchin to speak with “Marketplace” public radio host Kai Ryssdal for an open discussion on the Trump administration, its policies and the U.S. economy at the university. The public event went so poorly, however, that Mnuchin asked UCLA not to publish any video of it, The Wall Street Journal reported Wednesday.



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Should black Americans boycott American Airlines? | Steven W Thrasher

Should black Americans boycott American Airlines? | Steven W ThrasherThe National Association for the Advancement of Colored People has issued a travel advisory warning African-American travels against the airline. After a months-long investigation found “a pattern of disturbing incidents reported by African American passengers, specific to American Airlines,” the National Association for the Advancement of Colored People has issued a “national advisory alerting travelers – especially African Americans – to exercise caution, in that booking and boarding flights on American Airlines could subject them disrespectful, discriminatory or unsafe conditions”. This is a wise move for the venerable civil rights organization, as boycotting or threatening to boycott companies – especially airlines in regards to racism — is the only way to push reforms and seek an end to racial profiling, micro-aggressions, and outright violence.



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Steven Mnuchin Says NFL Players Can 'Do Free Speech On Their Own Time'

Steven Mnuchin Says NFL Players Can 'Do Free Speech On Their Own Time'Treasury secretary Steven Mnuchin on Sunday echoed President Donald Trump’s criticism of professional athletes who protest racism, saying that the players kneeling or making other gestures during the national anthem can “do free speech on their own time.”



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Steven Mnuchin Reportedly Under Investigation For Costly Travel

Steven Mnuchin Reportedly Under Investigation For Costly TravelTreasury Secretary Steven Mnuchin is facing scrutiny from department investigators for using a government jet to travel from New York City to Washington, D.C., sources told ABC News.



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Here’s How Much Steven Mnuchin and Louise Linton’s Honeymoon Jet Would’ve Cost Taxpayers

Here’s How Much Steven Mnuchin and Louise Linton’s Honeymoon Jet Would’ve Cost TaxpayersTreasury Secretary Steven Mnuchin has come under fire for using government aircraft for personal use.



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Watchdog: Steven Mnuchin and Wife May Have Used Government Plane to Watch the Eclipse

Watchdog: Steven Mnuchin and Wife May Have Used Government Plane to Watch the EclipseThe group is requesting all records about the Treasury Secretary's flights



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