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Stimulus Package Is Unlikely Before the Election, Says Goldman Sachs

Video Credit: Cover Video STUDIO - Duration: 01:00s - Published
Stimulus Package Is Unlikely Before the Election, Says Goldman Sachs

Stimulus Package Is Unlikely Before the Election, Says Goldman Sachs

As stimulus negotiations between Democratic House Speaker Nancy Pelosi and Steve Mnuchin continue.


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Nancy Pelosi Nancy Pelosi 52nd Speaker of the United States House of Representatives

Treasury pulls plug on some Fed lending programs [Video]

Treasury pulls plug on some Fed lending programs

House speaker Nancy Pelosi went after Treasury Secretary Steven Mnuchin on Friday for his decision to end some Federal Reserve COVID-19 emergency lending programs, a move also criticized by many Fed officials. Conway G. Gittens reports.

Credit: Reuters Studio    Duration: 02:16Published
Pelosi is re-elected as House Speaker [Video]

Pelosi is re-elected as House Speaker

Democrats in the U.S. House of Representatives on Wednesday voted to keep House Speaker Nancy Pelosi in her job for another two years, despite the Nov. 3 elections in which the party lost seats to Republicans. Colette Luke has the latest.

Credit: Reuters Studio    Duration: 01:38Published
Pelosi slams Facebook over election misinformation [Video]

Pelosi slams Facebook over election misinformation

U.S. House of Representative Speaker Nancy Pelosi said on Friday that Facebook has been 'part of the problem' when it comes to election-related misinformation.

Credit: Reuters Studio    Duration: 01:24Published
'It's not safe': States step in as COVID-19 surges [Video]

'It's not safe': States step in as COVID-19 surges

[NFA] State governors across the United States were more forceful in their warnings, telling residents it was not safe to go out, as COVID-19 infections soared to new records. Conway G. Gittens reports.

Credit: Reuters - Politics    Duration: 02:49Published
McConnell, Pelosi spar over stimulus size [Video]

McConnell, Pelosi spar over stimulus size

[NFA] U.S. Senate Majority Mitch McConnell said on Friday that October's drop in the nation's employment rate showed that Congress should enact a smaller coronavirus stimulus package, but House Majority Leader Nancy Pelosi said, smaller is still not the way to go. Conway G. Gittens reports.

Credit: Reuters Studio    Duration: 01:54Published

Goldman Sachs Goldman Sachs U.S. multinational investment bank

Goldman Sachs Cuts Growth Forecast For U.S. [Video]

Goldman Sachs Cuts Growth Forecast For U.S.

Goldman Sachs has cut its near-term growth forecasts for the United States. Goldman Sachs based this on spiking COVID-19 cases and slowing economic activity. US gross domestic product will grow 3.5% in the fourth quarter, down from the previous forecast of 4.5%. According to Business Insider first-quarter 2021 growth estimate was also lowered to 1% from 3.5%. Goldman Sachs said the winter drag should give way to a bigger rebound on the back of vaccine distribution.

Credit: Wochit News    Duration: 00:32Published
Malaysia 1MDB investigation: Goldman Sachs to pay $3bn fine [Video]

Malaysia 1MDB investigation: Goldman Sachs to pay $3bn fine

Former Prime Minister Najib Razak says he is innocent and is appealing against his conviction.

Credit: Al Jazeera STUDIO    Duration: 02:13Published
Goldman Sachs to pay $3 billion over 1MDB scandal [Video]

Goldman Sachs to pay $3 billion over 1MDB scandal

Goldman Sachs on Thursday agreed to pay nearly $3 billion to settle a probe into its role in Malaysia’s 1MDB corruption scandal.

Credit: Reuters Studio    Duration: 02:07Published

Democratic Party (United States) Democratic Party (United States) Major political party in the United States

Congress gets back to work as COVID-19 federal assistance set to expire

As Congress returns from recess, Democrats and Republicans remain far apart on a new COVID-19 relief package. Many federal aid programs are set to expire at the..
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McConnell Thinks Congress Can Deliver COVID Stimulus This Month [Video]

McConnell Thinks Congress Can Deliver COVID Stimulus This Month

On Monday, Senate Majority Leader Mitch McConnell discussed the impending COVID stimulus package. McConnell said there is "no reason" Congress can't quickly agree a new round of coronavirus stimulus. Business Insider reports that Democrats and Republicans have been at an impasse for months. Republicans wants a smaller deal while Democrats looking for more. Congress is meeting for a short session due to end by Christmas, and also has to avert a government shutdown.

Credit: Wochit News    Duration: 00:37Published

House Democrats pushing for Rep. Debra Haaland to be first Native American Cabinet secretary

Several House Democrats are pushing President-elect Joe Biden to nominate Democratic New Mexico Congresswoman Debra Haaland for interior secretary. If selected..
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Fed chair, treasury secretary testify on Capitol Hill amid gridlock over coronavirus relief

With federal protections like eviction moratoriums and student loan suspensions set to expire at the end of the year, Congress remains gridlocked over a new..
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‘Georgia Is Not New York’: Progressives Adapt Efforts for Senate Runoffs

The two Democrats running in Georgia don’t share the far-reaching policy goals of their party’s left flank, but progressives are still trying to help their..
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Steven Mnuchin Steven Mnuchin 77th and current United States Secretary of the Treasury

Biden tasks women-led economic team with recovery [Video]

Biden tasks women-led economic team with recovery

[NFA] President-elect Joe Biden named several women to his top economic policy team on Monday, including former Federal Reserve Chair Janet Yellen as Treasury secretary nominee, setting the stage for diversity and a focus on recovery from the pandemic. Gavino Garay reports.

Credit: Reuters - Politics    Duration: 02:11Published
Trump Admin Cuts off Emergency Lending Programs, Overruling Fed Chair [Video]

Trump Admin Cuts off Emergency Lending Programs, Overruling Fed Chair

Treasury Secretary Steve Mnuchin has asked the Federal Reserve to return $455 billion in unused pandemic program funds.

Credit: Cover Video STUDIO    Duration: 00:57Published

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On Thursday, lGoldman Sachs said large-cap mutual funds are on the verge of fueling a massive rally for Tesla shares. Business Insider reports that Tesla is set to join the S&P 500 on December 21 as..

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Biden Says Second COVID-19 Stimulus Check Will Likely Pass Once Trump Exits [Video]

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On Wednesday, President-elect Joe Biden spoke to a group of frontline workers about a possible second COVID-19 relief package.

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Democrats And Republicans Agree On The Need For A  Second Stimulus Package, But Disagree On Some Specifics [Video]

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