Saleha Mohsin

Government, Business, Logistics

White House Open to $25 Billion for USPS, McEnany Says

A person approaches a USPS collection box in Los Angeles on Aug. 17. A person approaches a USPS collection box in Los Angeles on Aug. 17. (Patrick T. Fallon/Bloomberg News)

The Trump administration is willing to consider the Democrats’ plan to spend $25 billion on the U.S. Postal Service — as long as lawmakers also provide other coronavirus relief sought by the White House, said spokeswoman Kayleigh McEnany.

Saleha Mohsin | Bloomberg News
August 19, 2020
Government, Business

Mnuchin Says Payroll Tax Holiday Not in Next Stimulus Bill

Steven Mnuchin, center, leaves a Senate Republican policy luncheon on Capitol Hill on July 21. Steven Mnuchin, center, leaves a Senate Republican policy luncheon on Capitol Hill on July 21. (Stefani Reynolds/Bloomberg News)

A payroll tax holiday sought by President Donald Trump won’t be in the next stimulus package, but may be in follow-up virus relief legislation, Treasury Secretary Steven Mnuchin said.

Saleha Mohsin | Bloomberg News
July 23, 2020
Government, Business, Safety

Mnuchin Says US Can’t Shut Economy Even if Virus Resurges

Steven Mnuchin speaks in Washington on June 10. Steven Mnuchin speaks in Washington on June 10. (Al Drago/Bloomberg News)

Treasury Secretary Steven Mnuchin said the U.S. shouldn’t shut down the economy again even if there is another surge in coronavirus cases.

Saleha Mohsin | Bloomberg News
June 11, 2020
Government, Business, Fuel

US Targets Sanctions for Iran-Venezuela Oil Tanker Trade

An Iranian crude oil tanker sits anchored off the coast of Gibraltar in July 2019. An Iranian crude oil tanker sits anchored off the coast of Gibraltar in July 2019. (Marcelo del Pozo/Bloomberg News)

The Trump administration is preparing sanctions on as many as 50 oil and fuel tankers as part of an effort to cut off trade between Iran and Venezuela, according to a person familiar with the matter.

Saleha Mohsin | Bloomberg News
June 9, 2020
Government, Business, Safety

Mnuchin Says ‘Strong Likelihood’ for More Stimulus Spending

Treasury Secretary Steven Mnuchin. Treasury Secretary Steven Mnuchin. (Bloomberg News)

Treasury Secretary Steven Mnuchin said Congress very likely will need to pass more stimulus legislation for the U.S. economy, as the nation struggles to recover from the coronavirus outbreak.

Saleha Mohsin | Bloomberg News
May 21, 2020
Government, Business

Mnuchin Asks Airlines to Propose Financial Stake in Aid Bid

Aircraft. (Alex Kraus/Bloomberg News)

Airlines will be required to propose up-front how the federal government could retain financial stakes in their companies in exchange for a share of $61 billion in coronavirus aid designated for the industry, according to guidelines released by the Treasury Department.

Saleha Mohsin | Bloomberg News
March 31, 2020
Government, Business, Logistics

Mnuchin’s Silence Signals His Displeasure With Trump’s Trade War

Kevin C. Downs/New York Daily News/TNS

Treasury Secretary Steven Mnuchin is signaling his displeasure with President Donald Trump’s trade war with China by saying nothing at all.

Saleha Mohsin | Bloomberg News
June 22, 2018
Government

US Posts Record Monthly Budget Surplus as Economy Picks Up

Daniel Huizinga/Flickr

The United States posted its largest monthly budget surplus on record in April, which the Congressional Budget Office said reflected stronger economic activity over the past year.

Saleha Mohsin | Bloomberg News
May 10, 2018
Government, Business

Mnuchin Seeks to Douse Trade-War Fears Over Trump Metal Tariffs

Manuel Balce Ceneta/AP

Treasury Secretary Steven Mnuchin said the Trump administration isn’t trying to provoke a global trade fight with the steel and aluminum tariffs announced last week.

Saleha Mohsin | Bloomberg News
March 6, 2018