Steven Mnuchin

Economist Craig Shapiro shared his insights on the unfolding U.S.-China trade dynamics, warning that while a tariff truce may calm immediate market fears, it could have unintended consequences for the broader economy. What Happened: Shapiro, a macro strategist at Bear Traps Report, suggested that...

The stage could be becoming set for a bidding war for TikTok if legislation is passed in the U.S. requiring the social media platform’s Chinese owner, ByteDance, to sell the company. The House of Representatives on Wednesday voted in favor of a bill that would force ByteDance to either sell...

Amid heightened legislative scrutiny, Steven Mnuchin, the former U.S. Treasury Secretary, is reportedly spearheading an effort to acquire the widely-used social media platform TikTok. What Happened: Mnuchin is organizing an investor group to purchase TikTok, CNBC reported on Thursday. This move...

Regional banking company New York Community Bancorp (NYSE:NYCB) has been increasingly volatile after announcing a new $1 billion equity infusion from investors and changes to its management. Analysts size up the changes and what a recent company update means for the stock going forward. The New...

Former Treasury Secretary Steven Mnuchin and a group of outside investors have invested more than $1 billion in New York Community Bancorp Inc (NYSE:NYCB). Mnuchin explained the investment in the troubled regional bank Thursday in an interview on CNBC’s “Squawk On The Street.”...

In a largely uncontentious commission hearing Thursday over the national security loan program, Treasury Secretary Steven Mnuchin acknowledged the $700 million loan made to less-than-truckload carrier YRC Worldwide (NASDAQ: YRCW) was "risky" and one that he would have not made. Facing questions...

U.S. President Donald Trump appeared on Fox Business with Stuart Varney for an hour Thursday morning to share his thoughts on several topics. Congress continues to be at a stalemate over a potential stimulus offer. Trump said he would raise the stimulus offer above $1.8 trillion. Trump said he...

On CNBC’s “Squawk Box” Thursday morning, Jim Cramer shared his thoughts on a potential stimulus deal, the drop in Fastly shares and earnings from this week. Cramer on Stimulus Deal: Shortly after Treasury Secretary Steven Mnuchin held an interview with CNBC, Jim Cramer shared his...

Media focused SPAC Falcon Capital Acquisition (NASDAQ:FCAC) comes from U.S. Treasury Secretary Steven Mnuchin’s brother Alan. The Leadership Team: Alan G. Mnuchin will serve as the leader of Falcon Capital Acquisition. He serves on the Board of Directors of Flying Eagle, a company with a...

(Wednesday Market Open) Investors seem ready to pause buying to start a new month, quarter, and last half of the year after two days of solid gains helped make for the best quarter in more than 20 years. In economic news, an employment report from ADP and Moody’s Analytics showed fewer job...

The price of bitcoin was flat on Thursday after former national security advisor John Bolton revealed in his new book that President Donald Trump reportedly instructed Treasury Secretary Steven Mnuchin to “go after Bitcoin [for fraud]" in a conversation in May 2018. At the time...

Jim Cramer, appearing on CNBC’s “Squawk on the Street” on Tuesday, said he agrees with Tesla Inc.’s (NASDAQ: TSLA) CEO Elon Musk’s decision to reopen the Fremont Factory, closed on county health orders. What Happened Reacting to Musk’s decision to reopen the...

The Internal Revenue Service tax deadline for people and businesses is being extended three months, from April 15 to July 15, Treasury Secretary Steven Mnuchin announced Friday.  At @realDonaldTrump’s direction, we are moving Tax Day from April 15 to July 15. All taxpayers and businesses...