11/21 Stimulus Update: Fed Will Give Unused Money Back to Treasury for Stimulus

Tax Relief with Logan Allec, CPA

Tax Relief with Logan Allec, CPA
11/21 Stimulus Update: Fed Will Give Unused Money Back to Treasury for Stimulus
Nov 21, 2020
Logan Allec

In this November 21 stimulus update and COVID-19 update I go over the latest in terms of Treasury Secretary Steven Mnuchin's request to have hundred of billions of dollars returned by the Federal Reserve to the Treasury to be repurposed for more stimulus; what Democrats think of this situation; the letter that Federal Reserve Chairman Jerome Powell sent to Secretary Mnuchin yesterday; how this situation could affect Republican senators, the current drama with the government funding / appropriations bills in order to avert a government shutdown before December 11; what Joe Biden, Nancy Pelosi, and Chuck Schumer spoke about yesterday in terms fo stimulus, the latest COVID-19 figures, and the latest news on Pfizer's COVID-19 vaccine and the Food and Drug Administration.