(NPR) Treasury's Mnuchin, Fed's Powell Defend Coronavirus Relief Measures

Treasury's Mnuchin, Fed's Powell Defend Coronavirus Relief Measures

Treasury Secretary Steven Mnuchin speaks during a virtual hearing of the Senate Banking Committee on Tuesday. Powell and Treasury Secretary Steven Mnuchin testified on the rescue package passed by the Congress in March.



Daniel Acker/Bloomberg via Getty Images


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Daniel Acker/Bloomberg via Getty Images

The Coronavirus Crisis

Treasury's Mnuchin, Fed's Powell Defend Coronavirus Relief Measures

The Senate Banking Committee took its first look at spending under the massive CARES Act, which Congress approved in March.