Mnuchin & Powell In Front of Senate

Published: May 20, 2020, 12:36 p.m.

b'The two most prominent government economic officials offered mixed messages before the Senate Banking Committee Tuesday. Treasury Secretary Steve Mnuchin touted the administration\\u2019s financial relief efforts thus far, while Fed Chair Jerome Powell signaled Congress could be called upon to provide more aid amid a global pandemic that has upended financial markets. Powell also made clear that controlling the virus will lead to more stable markets, but it\\u2019s unclear exactly how long those efforts could take. So, what does the prospect of more financial assistance mean for the markets? Caleb Silver, Editor in Chief with Investopedia joins Tony to break it down.'