Tag: Chiefs

Fed, Treasury chiefs back more aid for small business but leave details fuzzy

(Reuters) – Top U.S. economic policymakers opened the door on Tuesday to further aid for small businesses hit by the coronavirus-triggered recession, but differed over how broad it might extend and the manner in which it should be delivered.

FILE PHOTO: Federal Reserve Board Chairman Jerome Powell leaves after a Senate Banking Committee hearing on The Semiannual Monetary Policy Report to the Congress on Capitol Hill in Washington, U.S., February 12, 2020. REUTERS/Yuri Gripas

In testimony before the House of Representatives Financial Services Committee, Treasury Secretary Steven Mnuchin and Federal Reserve Chair Jerome Powell were pressed by lawmakers concerned the multi-trillion-dollar effort to battle the economic fallout from the pandemic had left a broad swathe of businesses vulnerable, from the smallest corner restaurants to commercial office properties and hotels.

Mnuchin and Powell said they were looking for ways to extend more help, but also that

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Business Chiefs Push Cuomo, de Blasio to Bolster NYC After Covid

(Bloomberg) — New York business leaders are pushing Governor Andrew Cuomo and Mayor Bill de Blasio to consider ways of ensuring that the nation’s biggest city retains its economic dominance in the wake of the coronavirus pandemic.



a group of people walking on a city street: Pedestrians carrying shopping bags cross a street in front of the Macy's Inc. flagship store in the Herald Square area of New York, U.S., on Thursday, Aug. 6, 2020. The Bloomberg Consumer Comfort index rose last week to 44.9 from 44.3 a week earlier.


© Bloomberg
Pedestrians carrying shopping bags cross a street in front of the Macy’s Inc. flagship store in the Herald Square area of New York, U.S., on Thursday, Aug. 6, 2020. The Bloomberg Consumer Comfort index rose last week to 44.9 from 44.3 a week earlier.

In a letter, 177 business leaders, including executives from Citigroup Inc., Squarespace Inc., Pfizer Inc. and Macy’s Inc., called on Cuomo and de Blasio to formulate a strategic plan for New York’s economic recovery.

“New York should step up to chart the course for recovery of urban centers everywhere,” the letter read. “We urge you to convene a multi-sector leadership initiative which can call upon the

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$2,933 for ‘Girl’s Night’: Medicaid chief’s consulting expenses revealed

Public health is supposed to be separate from politics. But this pandemic — and this election — have turned that idea on its head. POLITICO’s Dan Diamond and Sarah Owermohle discuss how politics is seeping into the vaccine race on both sides of the aisle.

“Verma and her top aides abused the federal contracting process to Administrator Verma’s benefit and wasted millions of taxpayer dollars,” the Democrats concluded in a 53-page summary of the investigation, which was shared with POLITICO and was released on Thursday.

Verma declined to comment through the health department’s top spokesperson, Michael Caputo, who described the report as “another reckless drive-by election year hit job.”

“The CMS Administrator will continue her unprecedented efforts to transform the American healthcare system to ensure health policy innovation drives public discussion — not purposefully timed political attacks,” Caputo said in a statement.

Stevens declined to address the specific line items

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Chiefs, 49ers, Raiders win to start 2020 season

SANTA CLARA — In a blink of a sucker-punched eye, 2020 brings us the NFL season tonight. Will it end on time Feb. 7, with the Lombardi Trophy on a Tampa Bay catwalk? Hold on, one prediction at a time, and let’s cut to my Week 1 nasal swabs:

Chiefs 24, Texans 17: The defending Super Bowl champs paid off their QB, tight end, head coach and GM. The 49ers pretty much did the same, minus the championship ring engraved with how the Chiefs overcame a 10-point deficit in SBLIV. (Line: Texans +9 1/2)

49ers 31, Cardinals 16: George Kittle vowed at the Super Bowl to go on a Revenge Tour, and it starts with an opponent that took out his ankle, knee and two ensuing games last year. “He’s going to go down as one of the best ever – if he stays healthy,” Cardinals coach Kliff Kingsbury said

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