LIVE: Powell, Mnuchin Testify Before Senate Banking Committee on CARES Act

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  • Bloomberg Quicktake: Now published this video item, entitled “LIVE: Powell, Mnuchin Testify Before Senate Banking Committee on CARES Act” – below is their description.

    (Dec. 1) Watch live as Federal Reserve Chair Jerome Powell and Treasury Secretary Steven Mnuchin testify on the CARES Act report to Congress in front of the Senate Banking Committee on Tuesday, December 1, 2020, in Washington, D.C.

    According to Powell’s prepared testimony, he welcomes the rapid development of the vaccine, while on the other hand he warns that the current surge in Covid cases in the U.S. could prove challenging in the coming months. Mnuchin will likely be questioned about the recent spat between his department and the Fed.

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