As Federal Reserve Chair Jerome Powell and Treasury Secretary Steven Mnuchin scrambled to save faltering markets at the start of the pandemic last year, America’s top economic officials were in near-constant contact with a Wall Street executive whose firm stood to benefit financially from the rescue.

Top US officials consulted with BlackRock as markets melted down

U.S. House of Representatives Speaker Nancy Pelosi on Saturday said a new $1.8 trillion economic stimulus proposal from the Trump administration "amounted to one step forward, two steps back" and would need changes to get support from congressional Democrats.

Pelosi says Trump stimulus proposal is 'one step forward, two steps back'

President Donald Trump said Thursday he sees "really good" odds of reaching a deal with Democrats in Congress on a new round of coronavirus stimulus for the battered US economy.

Trump says 'really good chance' of US stimulus deal

A US government national security review of the social media app TikTok is nearly complete and will deliver a recommendation to the White House this week, Treasury Secretary Steven Mnuchin said Wednesday.

National security recommendation on TikTok due this week: US Treasury

US Treasury Secretary Steven Mnuchin said on Wednesday that the US economy has already begun to rebound from the coronavirus pandemic and would "improve dramatically" in the third and fourth quarters.

Mnuchin says US recovery has begun, will gain strength in third and fourth quarters

The United States cautioned Britain ahead of a decision by Prime Minister Boris Johnson on what role Huawei will have in 5G telecommunications networks that Washington still had significant concerns about the Chinese telecoms behemoth.

United States cautions Britain over Huawei's role in 5G

The United States on Friday announced fresh sanctions against Iran and its officials in retaliation to the attack on its military bases housing US troops in Iraq.

In retaliation to missile attacks, US imposes more sanctions on Iran

The US Treasury Secretary Steven Mnuchin will lead a group of US officials who will attend the World Economic Forum later this month in Davos, Switzerland, the White House said Wednesday.

Treasury's Mnuchin to head US delegation to Davos conclave

US Treasury Secretary Steven Mnuchin said on Saturday a "phase one" trade deal between the United States and China was "very good" for global economic growth, and added that the second phase could come in several steps.

US Treasury Secretary Mnuchin says trade deal with China to boost global economy

The World Bank on Thursday adopted a plan to aid China with $1 billion to $1.5 billion in low-interest loans annually through June 2025, despite the objections of US Treasury Secretary Steven Mnuchin.

World Bank adopts $1 billion-plus annual China lending plan over US objections

The European Union warned today that it will "act and react as one" as the Trump administration tariffs on French goods ranging from Champagne, handbags to cheese and other products.

Will act and react as one: European Union on proposed US tariffs on French goods

China and United States had "constructive talks" on trade in a high-level phone call on Saturday, news agency Reuters reported quoting state media Xinhua. China's Vice Premier Liu He, US trade representative Robert Lighthizer and Treasury Secretary Steven Mnuchin in a phone call discussed each other's core issues for the first phase of an initial trade agreement and agreed to maintain close communication, according to Xinhua.

China, US had 'constructive' phone call on trade: Report

The United States and China on Friday said they made progress in talks aimed at defusing a nearly 16-month-long trade war that has harmed the global economy, and US officials said a deal could be signed this month.

US-China trade deal in sight after progress in high-level talks

Global growth is slowing and has modestly impacted the United States, US Treasury Secretary Steven Mnuchin said on Wednesday, adding the US economy remained strong with good capital inflows.

Global growth slowing, modest drag on United States: Steven Mnuchin

United States Treasury Secretary Steven Mnuchin on Friday said he welcomes a proposal to double the size of the International Monetary Fund's $250 billion crisis lending fund as part of a deal to maintain overall IMF resources.

Steven Mnuchin backs proposal to double International Monetary Fund's crisis fund

Oil prices eased on Thursday after industry data showed a larger-than-expected build-up in stocks in the United States, although losses were limited by comments by US Treasury Secretary Steven Mnuchin on a US-China trade deal.

Oil prices fall on signs of large United States stock build

China's commerce ministry said on Thursday that China hoped to reach a phased agreement with the United States over trade as early as possible, and make progress on cancelling tariffs on each others' goods.

China says hopes to reach phased trade pact with US as early as possible

The US Treasury Secretary Steven Mnuchin said on Monday that an additional round of tariffs on Chinese imports will likely be imposed if a trade deal with China has not been reached by then, but added that he expected the agreement to go through.

Tariffs to be imposed by December 15 in case of no-deal: US Treasury to China

China's tumbling yuan steadied on Tuesday as authorities took steps to contain its slide while stocks plunged after Washington labelled Beijing a currency manipulator, marking a sharp escalation in US trade tensions.

China's yuan steadies but stocks plunge as trade tensions grow

Top US and Chinese trade officials met in Shanghai on Wednesday for talks in a bid to end a year-long trade war, despite low expectations for progress and combative remarks from US President Donald Trump.

US, China trade talks begin amid Trump's threat of 'tougher' deal ahead

US negotiators arrived in Shanghai on Tuesday to resurrect trade talks with Chinese officials, with both sides downplaying expectations of an imminent deal between the world's two biggest economies.

China-US trade talks to restart after G20 tariff truce

US trade negotiators return to China this week for a fresh round of talks in a new city, but experts warn a change of air is unlikely to quickly solve an impasse between the world's two biggest economies.

Cautious hopes before new round of US-China trade talks

US and Chinese officials will hold two days of talks in Shanghai next week to try to make progress on their year-long trade dispute, US Treasury Secretary Steven Mnuchin said Wednesday.

US, China to hold two days of talks in Shanghai next week: Steven Mnuchin

Fraudsters are out to cash in on interest in Facebook-backed digital currency Libra, hawking bogus buying opportunities at online venues including the social network itself.

Fraudsters exploit interest in Libra digital currency

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