Fed Chair Warns Recovery Will Be Slow Until Virus Is Contained

With experts suggesting Covid-19 infections in the U.S. could more than double on a daily basis without better containment, the chair of the Federal Reserve also warned Congress on Tuesday that a full economic recovery will remain out of reach until the pandemic is under control.

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Virus Panel Demands White House File Economic Forecasts

With 40 million Americans unemployed and cases of Covid-19 cropping up at record rates in several states, the congressional watchdog tasked with overseeing the Trump administration’s response to the continuing pandemic wants answers from the White House about why it will not submit routine economic forecasts.

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Mnuchin Touts Economic Recovery as Experts Predict Deeper Burn From Covid-19

Telling senators that the federal lending program for small businesses facing coronavirus-related financial difficulty has overcome an admittedly shaky rollout, Treasury Secretary Steve Mnuchin predicted Wednesday that the economy is poised to rebound with gusto.

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Feds Accused of Holding Back Tax Refunds Over Student Debt

The Trump administration has kept up collecting on federal student loan debt during the Covid-19 pandemic by withholding urgently needed tax refunds, according to a lawsuit filed Friday in Washington federal court.

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