Laura Davison

Government, Business

Democrats Cut Off Relief Checks at $200,000 Household Income

Capitol Andrew Harrer/Bloomberg News

House Democrats are proposing to limit the next round of COVID-19 relief payments to households earning less than $200,000, after criticism that President Joe Biden’s $1.9 trillion stimulus package would benefit the rich.

Laura Davison | Bloomberg News
February 9, 2021
Government, Business, Top 100

YRC Loan Profitable for Treasury, Mnuchin Says

 Mnuchin arrives for a Congressional Oversight Committee hearing Dec. 10. Mnuchin arrives for a Congressional Oversight Committee hearing Dec. 10. (Bloomberg News)

Treasury Secretary Steven Mnuchin told a congressional oversight committee that the federal government has made money on a $700 million loan it extended to YRC Worldwide under a coronavirus relief package for businesses that were deemed essential in fighting the pandemic.

Laura Davison | Bloomberg News
December 10, 2020