Tag Archives: Mnuchin

The Federal Reserve and the Treasury delivered testimony before the Senate Banking Commitee on how the CARES Act is assisting lenders and servicers nationwide.

With many homeowners requesting forbearance, Treasury Secretary Steven Mnuchin stated that the Treasury Department and the FHFA are working to keep markets functioning properly.

On Thursday, Treasury Secretary Steven Mnuchin expressed his approval of the Financial CHOICE Act. The act was introduced on Wednesday by Financial Services Committee Chairman Jeb Hensarling as an alternative to the Dodd-Frank act. According to Mnuchin, this Financial CHOICE act and the tax reform plan are the steps in the right direction to strengthen the financial system.

New Treasury Secretary wants to propel economic growth to 3 percent or higher. Mnuchin wants to pass a new tax-code overhaul by August, which some say is unrealistic.

The 30-day mark for President Trump Administration has come and gone, so DS News decided to take stock of what has been accomplished in the areas that affect our readers the most—housing and mortgage.