Government finance

President Donald Trump, left, standing with Vice President Mike Pence and Treasury Secretary Steven Mnuchin, right, talks to reporters about the coronavirus outbreak on Tuesday, March 10, 2020, on Capitol Hill in Washington. (AP Photo/Susan Walsh)
SKY News
March 10, 2020 - 2:40 pm
WASHINGTON (AP) — President Donald Trump pitched his proposed payroll tax break Tuesday on Capitol Hill as pressure mounts on the administration and Congress to work more vigorously to contain the coronavirus outbreak and respond to the financial fallout. Trump's economic team joined in presenting...
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President Donald Trump gestures for Vice President Mike Pence to speaks in the briefing room of the White House in Washington, Monday, March 9, 2020, about the coronavirus outbreak. (AP Photo/Patrick Semansky)
SKY News
March 09, 2020 - 9:52 pm
WASHINGTON (AP) — President Donald Trump said Monday his administration will ask Congress to pass payroll tax relief and other quick measures as a public health and economic maelstrom brought on by the coronavirus drew closer to him personally. Intending to calm the fears of financial markets over...
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Empty chairs and tables are lined up outside a restaurant in St. Mark's Square in Venice, Italy, Monday, March 9, 2020. Italy took a page from China’s playbook Sunday, attempting to lock down 16 million people — more than a quarter of its population — for nearly a month to halt the relentless march of the new coronavirus across Europe. Italian Premier Giuseppe Conte signed a quarantine decree early Sunday for the country’s prosperous north. Areas under lockdown include Milan, Italy’s financial hub and the main city in Lombardy, and Venice, the main city in the neighboring Veneto region. (Anteo Marinoni/LaPresse via AP)
SKY News
March 09, 2020 - 9:42 pm
NEW YORK (AP) — U.S. companies buffeted by supply chain chaos and a growing awareness of the scope of a viral outbreak are facing new threats to begin the week. The price of U.S. crude fell as much as 34% to $27.34 a barrel, the lowest price since early 2016, as an oil war between Saudi Arabia and...
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Florida Gov. Ron DeSantis speaks about the COVID-19 virus during a news conference at the Florida Department of Health on Monday, March 2, 2020, in Miami. Florida officials are trying to reassure residents that the risk posed by a new strain of coronavirus remains low, despite revelations that two people have become the first in the state to be confirmed to have the virus. (AP Photo/Brynn Anderson)
SKY News
March 02, 2020 - 8:42 pm
MIAMI (AP) — The Trump administration on Monday reassured governors that they will be reimbursed for at least some of the costs of responding to the spread of the coronavirus, as several states began setting aside millions of dollars to head off a public health crisis. Florida Gov. Ron DeSantis...
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James Denaro monitors stock prices at the New York Stock Exchange, Wednesday, Feb. 26, 2020. (AP Photo/Mark Lennihan)
SKY News
February 26, 2020 - 5:25 pm
Major U.S. stock indexes gave up early gains and closed mostly lower Wednesday, extending the market’s heavy losses for the week. The benchmark S&P 500 fell for the fifth straight day after swinging between a 0.6% loss and 1.7% gain. Smaller company stocks bore the brunt of the selling. The...
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FILE - In this Feb. 13, 2020 file photo, Secretary of Health and Human Services Alex Azar testifies on Capitol Hill in Washington. Democrats controlling the House wrote HHS Secretary Alex Azar earlier this month to request funds to help speed development of a coronavirus vaccine, expand laboratory capacity, and beef up screening efforts at U.S. entry points. Azar is slated to testify before the Senate Appropriations Committee on Tuesday, and the U.S. response to the outbreak is sure to be a major topic. (AP Photo/J. Scott Applewhite)
Nick Allen
February 24, 2020 - 9:53 pm
WASHINGTON (AP) — The White House on Monday sent lawmakers an urgent $2.5 billion plan to address the deadly coronavirus outbreak, whose rapid spread and threat to the global economy rocked financial markets. The White House budget office said the funds are for vaccines, treatment and protective...
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President Donald Trump's budget request for fiscal year 2021 arrives at the House Budget Committee on Capitol Hill in Washington, Monday, Feb. 10, 2020. (AP Photo/J. Scott Applewhite)
SKY News
February 10, 2020 - 12:24 pm
WASHINGTON (AP) — President Donald Trump is offering a $4.8 trillion election year budget plan that recycles previously rejected cuts to domestic programs like food stamps and Medicaid to promise a balanced budget in 15 years — all while leaving Social Security and Medicare benefits untouched...
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FILE - In this July 14, 2018, file photo, people leave the south portal of Yucca Mountain during a congressional tour near Mercury, Nev. President Donald Trump appears to have reversed position to now oppose creating a national nuclear waste dump at Nevada's Yucca Mountain. Trump tweeted Thursday, Feb. 6, 2020, that his administration will respect the state, which has argued that the site about 100 miles from Las Vegas isn't suitable. (AP Photo/John Locher, File)
February 06, 2020 - 8:54 pm
LAS VEGAS (AP) — President Donald Trump on Thursday appeared to reverse his position on a proposal to create a national nuclear waste dump at Yucca Mountain in Nevada after his administration tried for several years to revive the mothballed project. “Nevada, I hear you on Yucca Mountain and my...
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United States Treasury Secretary Steven T. Mnuchin speaks at Chatham at House in London, Saturday, Jan. 25, 2020. Mnuchin is visiting Britain Saturday for high level discussions on trade following his visit to the World Economic Forum in Davos, Switzerland. (AP Photo/Alberto Pezzali)
SKY News
January 25, 2020 - 9:52 am
LONDON (AP) — U.S. Treasury Secretary Steven Mnuchin suggested Saturday that Britain and America would be able to conclude a trade deal this year, despite lingering disagreements on a digital services tax and whether to allow Chinese tech giant Huawei to build aspects of a new high-speed mobile...
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U.S. President Donald Trump and Ivanka Trump, right, arrive at the World Economic Forum in Davos, Switzerland, Wednesday, Jan. 22, 2020. The 50th annual meeting of the forum is taking place in Davos from Jan. 21 until Jan. 24, 2020. (AP Photo/Markus Schreiber)
January 22, 2020 - 1:30 pm
DAVOS, Switzerland (AP) — The Latest on the World Economic Forum in Davos, Switzerland (all times local): 7:25 p.m. The head of the World Trade Organization says an ongoing debate over special exemptions granted to China and India because they are still considered developing countries “is not going...
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