Saleha Mohsin @SalehaMohsin Twitter profile | Pikagi

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Saleha Mohsin

@SalehaMohsin

32,543

Followers

4,213

Following

826

Media

11,649

Statuses

Author of PAPER SOLDIERS. Senior Washington Correspondent at Bloomberg News, host of the Big Take DC podcast. Tweets/RT not opinions.

Washington, DC

Joined May 2009

Don't wanna be here? Send us removal request.

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@SalehaMohsin

Saleha Mohsin

3 months

Enjoyed talking about the power of the dollar w/ @FareedZakaria He calls my book on the topic, PAPER SOLDIERS, a "wonderful read" We unpacked how the US has weaponized the buck and what it'll take to preserve its superpower status Book is out now--->

@FareedZakaria

Fareed Zakaria

3 months

Sanctions have become one of Washington’s favorite geopolitical weapons. Will their overuse threaten the US dollar’s global reign? My conversation with @SalehaMohsin , author of “Paper Soldiers: How the Weaponization of the Dollar Changed the World Order”

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@SalehaMohsin

Saleha Mohsin

4 years

Wisconsin says there's no way they are announcing a winner tonight Michigan needs until Friday Pennsylvania isn't coming out anytime soon, either Per officials in those states

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Saleha Mohsin

2 years

NEWS: US is eyeing sanctions on Russia’s central bank, I'm told, a move that would target much of the $643b reserves Putin has amassed A final decision hasn’t been made but admin aims to make each move in conjunction with allies across Europe for maximum impact

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2 years

Biden: One ruble is now worth less than one American penny

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Saleha Mohsin

2 years

NEW: Some Biden officials privately express concern that rather than dissuade the Kremlin as intended, US sanctions have instead exacerbated inflation, worsened food insecurity and punished ordinary Russians more than Putin or his allies w/ @DanielPFlatley + @nwadhams

@DanielPFlatley

Daniel Flatley

@DanielPFlatley

2 years

Scoop w/ @nwadhams @SalehaMohsin : US officials surprised by companies pulling out of Russia are worried the move could worsen other problems, like inflation

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Saleha Mohsin

2 years

BREAKING: EU and US agree to disconnect some Russian banks from Swift

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Saleha Mohsin

2 years

Blacklisting Russia's central bank would be without precedent for an economy this size The move would be “devastating” for Russia, per @tashecon “We would see the ruble crash.”

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Saleha Mohsin

4 years

NEW: Mnuchin will place the $455b in unspent Cares Act money he is taking back from the Fed into Treasury's General Fund, where his successor (Yellen) essentially cannot reach it w/o Congressional approval

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Mnuchin Plans to Put $455 Billion Beyond Yellen’s Easy Reach

Treasury Secretary Steven Mnuchin will put $455 billion in unspent Cares Act funding into an account that his presumed successor, former Federal Reserve Chair Janet Yellen, will soon need authoriza...

www.bloomberg.com

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@SalehaMohsin

Saleha Mohsin

3 years

NEWS: Biden will present a $1.9T stimulus plan tonight

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@SalehaMohsin

Saleha Mohsin

3 years

Trump banned Pence chief of staff Marc Short from the WH today, sources tell @JenniferJJacobs , me and @josh_wingrove Top WH advisers including O'Brien, Liddell and Pottinger are thinking about resigning after today's events, we are told On @TheTerminal

@kaitlancollins

Kaitlan Collins

@kaitlancollins

3 years

National security adviser Robert O'Brien, deputy national security adviser Matt Pottinger and deputy chief of staff Chris Liddell are all considering resigning, sources tell me, @jaketapper and @vmsalama .

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Saleha Mohsin

5 years

Trump has given $28b in farm aid, double than what Obama gave automakers in 2009 One Illinois farmer says Trump's subsidies are a Band-Aid, not a solution Farmers say they'd rather have free trade than govt assistance @MarioDParker @MikeDorning

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Trump’s $28 Billion Bet That Rural America Will Stick With Him

Farmers caught in the trade war have become dependent on government payments.

www.bloomberg.com

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Saleha Mohsin

3 years

American Airlines CEO told 13K employees to ``tear up'' notices of possible furlough that they received last month. Once the stimulus bill is signed into law ``we can happily say all of our U.S.-based team members now have job protection through September 30, 2021'

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@SalehaMohsin

Saleha Mohsin

3 years

The Biden administration on Sunday froze Afghan government reserves held in U.S. bank accounts, blocking the Taliban from accessing billions of dollars held in U.S. institutions, @JStein_WaPo reports

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Biden administration freezes billions of dollars in Afghan reserves, depriving Taliban of cash

The move comes as the White House has scrambled to set up new policies related to Afghanistan.

www.washingtonpost.com

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@SalehaMohsin

Saleha Mohsin

4 years

SCOOP: Mnuchin warned the U.S. could see 20% unemployment in a meeting with Republican senators on Tuesday, sources tell @josh_wingrove , me and @JenniferJJacobs Story on @TheTerminal

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Saleha Mohsin

7 years

OIG's Rich Delmar confirms there's an inquiry and that it's a ``top priority''

@arappeport

Alan Rappeport

7 years

UPDATE: Senator Elizabeth Warren calls for Treasury IG to investigate whether Treasury actually analyzed the tax plan and if there was political interference. Says Mnuchin "grossly misled the public."

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Saleha Mohsin

4 years

Several TRUMP advisers tell me they think the race is "over," Biden has won BIDEN's campaign's @AndrewBatesNC just now: “The American people will decide this election. And the United States government is perfectly capable of escorting trespassers out of the White House.”

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@SalehaMohsin

Saleha Mohsin

3 years

Mnuchin's public engagement schedule fails to provide the countries that he will visit this week, and his travel dates. Press are also not invited on whatever trip he's taking, which is paid for by taxpayers. I've heard it's to the middle east.

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@SalehaMohsin

Saleha Mohsin

3 years

NEWS: The US has its first ever 'Madam' Treasury Secretary @JanetYellen has enough votes from Senators to become the 78th Treasury chief She is the first woman to hold the job No details on when Yellen will be sworn into office

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@SalehaMohsin

Saleha Mohsin

4 years

Today: * JPMORGAN SENDS SOME TRADERS HOME AFTER WORKER CONTRACTS COVID

@realDonaldTrump

Donald J. Trump

@realDonaldTrump

4 years

Congratulations to JPMorgan Chase for ordering everyone BACK TO OFFICE on September 21st. Will always be better than working from home!

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@SalehaMohsin

Saleha Mohsin

3 years

CDC says fully vaccinated people can meet indoors w/o masks

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@SalehaMohsin

Saleha Mohsin

1 year

. @kyrstensinema catching up with old pals @Scaramucci + @PRyan while running around @Davos

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Saleha Mohsin

2 years

BREAKING: Germany working on a way to exclude Russia from Swift

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@SalehaMohsin

Saleha Mohsin

4 years

O'Brien and senior staff on the NSC are tested daily for Covid-19. His office is around the corner from the Oval Office and is down the hall from Pence w/ @JenniferJJacobs

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Trump National Security Adviser Robert O’Brien Has Coronavirus

Donald Trump’s National Security Adviser Robert O’Brien tested positive for Covid-19 but the White House said his infection poses no risk to the president or Vice President Mike Pence.

www.bloomberg.com

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@SalehaMohsin

Saleha Mohsin

4 years

Mnuchin met w/ crypto currency and digital assets industry folks today at Treasury

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@SalehaMohsin

Saleha Mohsin

4 years

Blackstone's Stephen Schwarzman, Trump’s most high-profile supporter on Wall Street, said it’s time for him to accept that he lost the election

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Schwarzman Says Trump Needs to Move On From the Election

Stephen Schwarzman, President Donald Trump’s most high-profile supporter on Wall Street, said it’s time for him to accept that he lost the election.

www.bloomberg.com

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@SalehaMohsin

Saleha Mohsin

4 years

Biden to tap Gary Gensler to advise on plans for Wall Street oversight, @amacker reports

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Biden Set to Tap Gary Gensler as Adviser on Wall Street Oversight

Joe Biden is expected to tap Gary Gensler to advise on plans for Wall Street oversight in a prospective administration, according to people familiar with the matter, a move that likely would please...

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@SalehaMohsin

Saleha Mohsin

2 years

NEW: Biden team is seriously considering banning Russia from SWIFT as European allies warm to the idea, per sources No decision is imminent This marks a change in course after Biden said yday he was holding off bc EU allies worried about blowback w/ @josh_wingrove + @nwadhams

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@SalehaMohsin

Saleha Mohsin

2 years

US + EU commit to removing selected Russian banks from Swift Will impose "restrictive measures that will prevent the Russian central bank from deploying its int'l reserves in ways that undermine the impact of our sanctions"

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@SalehaMohsin

Saleha Mohsin

2 years

Swift spokesman: We are engaging with European authorities to understand the details of the entities that will be subject to the new measures and we are preparing to comply upon legal instruction

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@SalehaMohsin

Saleha Mohsin

3 years

SCOOP: U.S. is REVOKING a sanctions reprieve for Israeli billionaire Dan Gertler, sources tell me and @nwadhams Gertler was sanctioned in 2017 for alleged mining, oil corruption. Mnuchin's Treasury gave him a special license to ease the pain. Yellen is undoing that.

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@SalehaMohsin

Saleha Mohsin

2 years

The intelligence that Biden made public in a highly unusual step gave the world a preview of Vladimir Putin’s true intentions, robbing him of the element of surprise Now Biden is saying that Putin's ambitions are beyond just Ukraine

U.S. Spies Made Right Call on Russia Invasion, Buying Biden Time

It failed to prevent a war, but almost everything the U.S. said Russia would do in Ukraine has come to pass.

www.bloomberg.com

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@SalehaMohsin

Saleha Mohsin

3 years

Yellen in a statement: "A significant, unprecedented commitment today that provides tremendous momentum towards achieving a robust global minimum tax at a rate of at least 15%"

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@SalehaMohsin

Saleha Mohsin

3 years

BREAKING: G7 finance ministers reach a deal for at least 15% global minimum tax Delighted to announce G7 finance minster have reached a historic agreement to reform global tax system, UK's @RishiSunak at the conclusion of G7 talks just now

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@SalehaMohsin

Saleha Mohsin

4 years

Wuhan reports no new virus case after almost 2-month lockdown

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@SalehaMohsin

Saleha Mohsin

3 years

Yellen will be sworn in TONIGHT by a Treasury official, and then again tomorrow ceremonially, I am told

@SalehaMohsin

Saleha Mohsin

3 years

NEWS: The US has its first ever 'Madam' Treasury Secretary @JanetYellen has enough votes from Senators to become the 78th Treasury chief She is the first woman to hold the job No details on when Yellen will be sworn into office

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@SalehaMohsin

Saleha Mohsin

3 years

Yellen says cryptocurrencies could improve the US financial system:

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Saleha Mohsin

5 years

Jay Powell says the 3 weeks since the Fed's rate cut have been 'eventful, beginning with the announcement of new tariffs on imports from China' Says the US economy is in a 'favorable place' tho he is monitoring 'significant risks'

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@SalehaMohsin

Saleha Mohsin

2 years

. @jimtankersley asks Biden how long Americans will have to stomach high gas prices resulting from Russia-Ukraine Biden: "As long as it takes, so Russia cannot in fact defeat Ukraine and move beyond Ukraine."

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@SalehaMohsin

Saleha Mohsin

4 years

2+ weeks after Trump announced he would defer payroll taxes, the IRS and Treasury have yet to provide businesses guidance on how that would play out Chamber of Commerce has come out against it, saying it is "unworkable"

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@SalehaMohsin

Saleha Mohsin

4 years

Biden transition team criticizes Mnuchin's decision to end the Fed's Cares-related emergency lending programs, per @washingtonpost

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@SalehaMohsin

Saleha Mohsin

4 years

NEWS: Biden intends to name his longtime adviser Antony Blinken as secretary of State, sources tell @jeneps + @tylerpager and me Jake Sullivan, an ex-Hillary Clinton’s aide, is likely to be named national security adviser Announcement is expected Tuesday

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@SalehaMohsin

Saleha Mohsin

2 years

The price of gas is down 50 cents/gallon in the past 34 days, per WH's @econjared46 This is not a "daily blip" Yesterday we witnessed largest decline since 2008, he says

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@SalehaMohsin

Saleha Mohsin

3 years

NEW: Biden will to nominate Saule Omarova, a law professor who has criticized cryptocurrencies and advocated for the govt to have a much bigger role in banking, to run the OCC Saule Omarova w/ @jesseahamilton + @benbain More on @TheTerminal

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@SalehaMohsin

Saleha Mohsin

4 years

The Fed quietly slipped out a paper on Dec. 23 showing that Trump's tariffs cost American jobs

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@SalehaMohsin

Saleha Mohsin

2 years

Top German econ official says Putin "can't keep going much longer" A shortage of software updates for aircraft will soon ground planes + lack of high-tech equipment will destroy production Putin can "barely spend" its oil earnings bc of sanctions

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Sanctions Will Break Russia’s Economy in the End, Germany Says

Russia’s economy has been dealt a severe blow by international sanctions imposed following the invasion of Ukraine and that damage will become increasingly clear, according to Germany’s vice chance...

www.bloomberg.com

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@SalehaMohsin

Saleha Mohsin

3 years

“We’re working hard first to get the direct payments out,” Yellen told @NBCNews in an interview She says the $1.9T stimulus package signed into law today is the "right size" “I don’t believe we have overshot the mark"

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@SalehaMohsin

Saleha Mohsin

4 years

Trump on Fox News says the hardest country for him to deal with as president is the US "We have very very deceptive people" "The inner workings of the US are very difficult" He's referring to Democrats

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@SalehaMohsin

Saleha Mohsin

3 years

SCOOP: Yellen has told senior WH advisers she backs *REAPPOINTING* Jay Powell as Fed chair, sources tell me Biden has not made a decision and will likely weigh in around Labor Day, I'm told More on @TheTerminal

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@SalehaMohsin

Saleha Mohsin

3 years

Biden will sign a sweeping EO tomorrow designed to promote competition across American industries It will prompt the govt to set new regulations on everything from airline luggage fees to non-compete clauses Via @justinsink

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Biden Order Seeks to Invigorate Competition Across U.S. Industry

President Joe Biden will sign a sweeping executive order designed to promote competition across American industries in a ceremony at the White House on Friday.

www.bloomberg.com

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@SalehaMohsin

Saleha Mohsin

4 years

Boeing CEO says if the govt wants a stake in the company, he doesn't want it's help

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@SalehaMohsin

Saleha Mohsin

4 years

Supreme Court makes history, live-streaming arguments from a 2-week remote session starting today: May 12 could be interesting: The court will hear about a dispute over subpoenas for Trump’s financial records The president could respond in real-time

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@SalehaMohsin

Saleha Mohsin

3 years

From Yellen's prepared remarks for tomorrow: "Neither the President-elect, nor I, propose this relief package without an appreciation for the country’s debt burden. But right now, with interest rates at historic lows, the smartest thing we can do is act big" w/ @jendeben

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@SalehaMohsin

Saleha Mohsin

3 years

Yellen says Larry Summers' worries over Biden's package adding to inflationary risks are small compared to "scarring" of economy by not spending enough now If inflation becomes a problem, "I can tell you we have the tools to deal with that risk if that" happens, she said

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@SalehaMohsin

Saleha Mohsin

4 years

GOP Senators Grassley and Cornyn say Biden should get classified briefings Cornyn: There's no justification for withholding this

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@SalehaMohsin

Saleha Mohsin

3 years

White House's @BharatRamamurti provides details on PPP loans: - 300k loans for firms with less than 5 workers - 200k loans for first-time PPP borrowers - 20% boost in loans for minority owned cos - 14% increase to women-owned biz

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@SalehaMohsin

Saleha Mohsin

5 years

Mnuchin personally asked for an unusual move to allow a Mike Milken property to be eligible for opportunity zones tax breaks, @nytimes reports Treasury staffers were "troubled" by having to "compromise the integrity of the process"

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@SalehaMohsin

Saleha Mohsin

2 years

Biden on price gouging: "It's no excuse to exercise excessive price increases for padding profits or any kind of effort to exploit this situation for American consumers" "It's no time for profiteering or price gouging"

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@SalehaMohsin

Saleha Mohsin

4 years

GOP Sen. @HawleyMO on Yellen: "My concerns as I've said before about what I'm seeing from Vice President Biden is the people who he wants to be in his cabinet are all a bunch of corporate liberals and warmongers. So I'd like to see him break the mold. “ @elwasson

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@SalehaMohsin

Saleha Mohsin

4 years

Senate banking has called a committee level vote on July 21 on Judy Shelton and Chris Waller's nomination to the Fed board

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@SalehaMohsin

Saleha Mohsin

4 years

NEWS: American Airlines will begin layoff 19k workers tomorrow "Extremely sorry we have reached this outcome," CEO Doug Parker says in note to employees. "We're not done fighting." Will reverse layoffs if federal aid comes through, per memo

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@SalehaMohsin

Saleha Mohsin

2 years

NEWS: Biden admin is poised to impose a ban on US imports of Russian energy as soon as TODAY w/out European allies, sources tell @annmarie @JenniferJJacobs and me The ban will include Russian oil, liquefied natural gas and coal

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@SalehaMohsin

Saleha Mohsin

3 years

White House officials have told supporters they will pledge to reduce U.S. greenhouse gas emissions by at least half by the end of the decade, an almost doubling of the nation’s earlier commitment

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Biden to Vow Cutting U.S. Climate-Warming Emissions in Half

White House officials have told supporters they will pledge to reduce U.S. greenhouse gas emissions by at least half by the end of the decade, according to people familiar with the plans, an almost...

www.bloomberg.com

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@SalehaMohsin

Saleha Mohsin

4 years

BREAKING: Biden-world has asked Fed's LAEL BRAINARD to remain at the central bank, meaning Biden will choose someone else as Treasury chief, sources tell me and @PeterMartin_PCM This opens up the possibility for her to become Fed chair when Powell's term expires Feb 2022

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@SalehaMohsin

Saleha Mohsin

3 years

BREAKING: G7 finance ministers reach a deal for at least 15% global minimum tax Delighted to announce G7 finance minster have reached a historic agreement to reform global tax system, UK's @RishiSunak at the conclusion of G7 talks just now

@hmtreasury

HM Treasury

3 years

At the @G7 in London today, Chancellor @RishiSunak and his counterparts came to a historic agreement on global tax reform that will require the largest multinational tech giants will pay their fair share of tax in the UK.

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@SalehaMohsin

Saleha Mohsin

3 years

Fed Chair Jay Powell said today that his commute home takes him past a “substantial tent city” of homeless Americans “We just need to keep reminding ourselves that even though some parts of the economy are just doing great, there’s a very large group of people who are not"

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@SalehaMohsin

Saleha Mohsin

3 years

Trump plans to fly to his Mar-a-Lago resort in Florida sometime before Joe Biden’s inauguration, where several current White House staff will work for him or his son-in-law Jared Kushner after his presidency, sources tell @JenniferJJacobs and me

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Trump Plans to Live at Mar-a-Lago, Employ Some Current Aides

Donald Trump plans to fly to his Mar-a-Lago resort in Florida sometime before Joe Biden’s inauguration, where several current White House staff will work for him or his son-in-law Jared Kushner after...

www.bloomberg.com

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@SalehaMohsin

Saleha Mohsin

2 years

“Sanctioning Russia’s central bank is likely to have a dramatic effect on the Russian eco and its banking system, similar to what we saw in '91,” per @elinaribakova She sees "massive bank runs... possibly a full-on collapse of Russia’s financial system"

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West Cuts Some Russian Banks From SWIFT, Sanctions Central Bank

www.bloomberg.com

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Saleha Mohsin

3 years

Yellen: "Our focus should be Main Street, not Wall Street "

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Saleha Mohsin

3 years

Another top Fed official busted on trading: VC Clarida traded between $1m-$5m out of a bond fund into stock funds one day before Powell issued a statement flagging possible policy action as the pandemic worsened, his 2020 financial disclosures show

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Clarida Traded Into Stocks on Eve of Powell Pandemic Statement

Federal Reserve Vice Chair Richard Clarida traded between $1 million and $5 million out of a bond fund into stock funds one day before Chair Jerome Powell issued a statement flagging possible policy...

www.bloomberg.com

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@SalehaMohsin

Saleha Mohsin

4 years

United Airlines warns of laying off 36k workers, or 45% of its workforce, at the end of Sept, which is when the govt's restrictions on payroll reductions lifts United got $5b in payroll assistance relief from Treasury, and has signaled it may take additional federal loans

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@SalehaMohsin

Saleha Mohsin

3 years

Pelosi says House Dems will propose a resolution calling on Pence to convene and mobilize the Cabinet to activate the 25th to declare the Trump "incapable of executing the duties of his office"

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@SalehaMohsin

Saleha Mohsin

5 years

Treasury hasn't announced the Iran sanctions that Trump is referring to. Waiting for answers.

@realDonaldTrump

Donald J. Trump

@realDonaldTrump

5 years

....proportionate to shooting down an unmanned drone. I am in no hurry, our Military is rebuilt, new, and ready to go, by far the best in the world. Sanctions are biting & more added last night. Iran can NEVER have Nuclear Weapons, not against the USA, and not against the WORLD!

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Saleha Mohsin

3 years

Mitch McConnell will vote YES on Yellen's nomination to be Treasury secretary Vote is today at 5:30pm

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Saleha Mohsin

3 years

Yellen will create a hub at Treasury to address climate change through economic policies "I think climate change is an existential threat," she says

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@SalehaMohsin

Saleha Mohsin

2 years

US and EU working with SWIFT to determine whether energy-related transactions can be exempted from the ban or if there are certain banks that conduct most energy transactions that could be exempted, a White House official said in a briefing call with reporters

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@SalehaMohsin

Saleha Mohsin

4 years

UPDATE: Pennsylvania Sec of State @KathyBoockvar says it will take longer to determine who won the state bc it's "very close" They are on track to finish end of Friday Majority of ballots counted but "it's not quite clear yet who the winner is" She's not aware of any fraud

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@SalehaMohsin

Saleha Mohsin

4 years

Wally Adeyemo will be Yellen's No. 2 at Treasury, if both are confirmed Born in Nigeria, he emigrated with his parents as a baby. His father was a teacher, his mother was a nurse By @arappeport

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Biden Pick for Treasury’s No. 2, a Moderate Voice, Breaks Racial Barrier (Published 2020)

Adewale Adeyemo’s role in the Trans-Pacific Partnership negotiations and work at BlackRock could complicate his confirmation hearings.

www.nytimes.com

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@SalehaMohsin

Saleha Mohsin

6 years

Mnuchin speaks at university for first time, hissed at by the audience. He teases UCLA back: - I usually speak to people who want to hear me - You get to hiss at me, I don't get to hiss at you - can you at least raise your hands when you hiss? - you're hissing about sanctions?

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@SalehaMohsin

Saleha Mohsin

3 years

Bloomberg News called up Trump's wealthiest donors. Most didn’t respond. A few published statements. No one agreed to be interviewed on the record. From one billionaire's assistant: "He doesn’t believe mainstream news reporting anymore”

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Saleha Mohsin

4 years

UPDATE: Biden will not declare victory tonight unless the networks call the race Still, he is expected to speak soon Via @jeneps

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@SalehaMohsin

Saleha Mohsin

4 years

Halting stimulus efforts means 50k airline workers will be out of jobs just as Americans are going to the polls No airline relief appears to be in sight Last week, Disney also announced 28k workers cut

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@SalehaMohsin

Saleha Mohsin

4 years

Mnuchin faced-down a fight in Congress to lift some sanctions on Deripaska, promising that @USTreasury would keep a close watch 2 yrs later: Deripaska has violated sanctions to support his personal business interests and the political agenda of the Kremlin around the world

@SalehaMohsin

Saleha Mohsin

4 years

Russian business tycoon Oleg Deripaska retained significant day-to-day influence over Rusal, violating US sanctions, according to European officials

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@SalehaMohsin

Saleha Mohsin

3 years

Guys! I'm writing a Treasury book.

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@SalehaMohsin

Saleha Mohsin

5 years

Trump Treasury staffer leaves after getting embroiled in college admissions scandal via @politico

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Trump Treasury staffer leaves after getting embroiled in college admissions scandal

James Littlefair worked as part of the national advance team on the Trump campaign before working as an event coordinator for the Presidential Inaugural Committee. He joined Treasury as an advance...

www.politico.com

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@SalehaMohsin

Saleha Mohsin

2 years

US anctions will hit Russian banks, oil companies, oligarchs and Putin personally, @SenSherrodBrown said He spoke to Yellen about 40 mins ago

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@SalehaMohsin

Saleha Mohsin

5 years

A once shocking tweet is now met with a shrug in the newsroom

@realDonaldTrump

Donald J. Trump

@realDonaldTrump

5 years

The Fed should lower rates (there is almost no inflation) and loosen, making us competitive with other nations, and manufacturing will SOAR! Dollar is very strong relative to others.

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@SalehaMohsin

Saleha Mohsin

3 years

. @wallyadeyemo was sworn in by @SecYellen today as Deputy's Treasury Secretary Photo by @erinscottphoto

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@SalehaMohsin

Saleha Mohsin

1 year

NEW: Treasury is studying ways it might temporarily expand FDIC coverage for bank deposits above $250k w/o formal consent from Congress They **do not** yet view such a move as necessary but are preparing in case the situation worsens w/ @sridinats

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US Studies Ways to Insure All Bank Deposits If Crisis Grows

US officials are studying ways they might temporarily expand Federal Deposit Insurance Corp. coverage to all deposits, a move sought by a coalition of banks arguing that it’s needed to head off a...

www.bloomberg.com

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@SalehaMohsin

Saleha Mohsin

2 years

OPEC+ panel recommends cutting output by 2m barrels/day Draft memo sent from WH to Treasury on Monday said a cut would be of a “total disaster” and warned that it could be taken as a “hostile act," per @CNN Biden admin worried about gas prices rising ahead of elections

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@SalehaMohsin

Saleha Mohsin

4 years

The Fed is NOT happy about Mnuchin's announcement today: "The Federal Reserve would prefer that the full suite of emergency facilities established during the coronavirus pandemic continue to serve their important role as a backstop for our still-strained and vulnerable economy."

@SalehaMohsin

Saleha Mohsin

4 years

NEWS: Mnuchin asked the Federal Reserve to return unused coronavirus stimulus money, but asked for a 90-day extension for four of the central bank’s emergency lending programs

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@SalehaMohsin

Saleha Mohsin

3 years

Biden says he spent TWO HOURS on phone with Xi yesterday, per @Jordanfabian in the Oval Office press spray “If we don’t get moving, they’re going to eat our lunch”

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@SalehaMohsin

Saleha Mohsin

3 years

BREAKING: Mnuchin is returning EARLY to Washington from his overseas trip, I am told It is not to invoke the 25th amendment, this person says He will return about 3 days early from his 7-country trip to mideast and N. Africa

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@SalehaMohsin

Saleha Mohsin

2 years

NEWS: The US govt continues to seek information on private agreements Musk made w/ foreign investors that now hold stakes in Twitter, and whether those deals allow them to access users’ personal data, sources tell me, @DanielPFlatley + @JenniferJJacobs

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@SalehaMohsin

Saleha Mohsin

2 years

Russian citizens want American dollars They are waiting in lines to get to ATMs “The situation is completely unstable... no cash machine is designed for the lines that will appear at sanctioned banks"

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Russians Rush for Dollars as Sanctions Threaten Ruble Collapse

www.bloomberg.com

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@SalehaMohsin

Saleha Mohsin

3 years

Andy Baukhol, a civil servant @USTreasury , is now acting Treasury secretary As Mnuchin departed for the last time from the building, he left a note for Janet Yellen, his successor

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@SalehaMohsin

Saleha Mohsin

4 years

Shelton’s nomination to the Federal board was blocked, 50-47 Once the outcome was clear, McConnell switched his vote to no, a tactical move that would allow him to bring the nomination up for reconsideration later

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@SalehaMohsin

Saleha Mohsin

4 years

IMF may launch a new program to help deal w/the global shortage of dollars, boosting the Fed's current efforts IMF would create a short-term liquidity line that could be launched w/in weeks The Treasury Department backs the initiative, me + @EMPosts report More on @TheTerminal

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@SalehaMohsin

Saleha Mohsin

4 years

Larry Summers says is won't join a Biden administration ‘’My time in government is behind me’’ Summers has already been Treasury secretary and lobbied hard for Obama to choose him as Fed chair He also likes to publicly criticize the current Treasury chief

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@SalehaMohsin

Saleha Mohsin

4 years

Trump to order China’s ByteDance to sell TikTok U.S. operations, an announcement is imminent, sources tell me, @jendeben and @JenniferJJacobs

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@SalehaMohsin

Saleha Mohsin

8 years

Now this is real POWER: Oprah loosing 40 pounds sends Weight Watchers shares up

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@SalehaMohsin

Saleha Mohsin

4 years

Mnuchin and Powell earlier today

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@SalehaMohsin

Saleha Mohsin

4 years

Kudlow slammed Fed's Powell: "Powell could lighten up a little when he has these press offerings... Smile now and then, a little bit of optimism... I'll talk with him and we'll have some media training at some point." Powell yesterday predicted 9.3% unemployment for end-2020

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