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Gr8 news from Treasury Scty Mnuchin. Low-income seniors on Social Security won’t have 2file a tax return to get their recovery check As chairman of Finance Cmte I helped write the CARES Act so IRS would b able 2help in this way Pres Trump is helping Americans get thru this crisis

The U.S. Department of the Treasury and the IRS announced that Social Security beneficiaries who are not typically required to file tax returns will not need to file an abbreviated return to receive their stimulus check.

The U.S. Department of Treasury and the Internal Revenue Service confirm that Social Security beneficiaries who do not typically file a tax return will not need to do so to receive an Economic Impact Payment.

@WilfredFrost just reported on @CNBC  that a sr. bank exec at a major institution told him the Friday goal to launch SBA $350b PPP is "beyond optimistic." Exec says Treasury set a target "without consulting the banks." Banks apparently have multiple problems with the program.

To tackle hurdles posed for humanitarian trade with sanctioned countries like #Iran , US Treasury needs to issue comfort letters not just to banks, but to complete chain of entities, from manufacturers to shippers necessary for trade. From @RNephewCGEP 

In addition to general guidance, banks are asking Treasury for two specific changes to the small biz program: - Smaller banks want higher interest rate so they don't lose money - Big banks want "know your customer" rules waived so they can lend to co's they haven't worked with

STIMULUS CHECKS: The Treasury announced in a reversal Wednesday, that Social Security beneficiaries who typically do not file a tax return will automatically receive the $1,200 payment >>

In a reversal late Wednesday, the Treasury Department has announced Social Security recipients will not have to file a tax return in order to receive the economic #stimulus  payments the government is preparing to send out

@WilfredFrost on @CNBC  just now reporting that he's been told by a sr. bank executive that the Friday goal for launching the SBA $350b PPP program is "beyond optimistic." Wilf said Treasury set a target "without consulting the banks."


Most relevant

Last night—Republicans didn’t want to include provisions to prohibit Pres. Trump, his family, & businesses controlled by govt leaders from receiving funds Treasury will disburse We stared them down These prohibitions and our transparency reqs are in the bill that passed 96-0

....the Secretary of the Treasury and the Secretary of Labor to issue regulations that will provide flexibility so that in no way will Small Businesses be hurt. I encourage all Republicans and Democrats to come together and VOTE YES! I will always put....

The U.S. Treasury Department says that the national debt has increased by $2 trillion ($2,000,000,000,000) since President Trump took office on Jan. 20, 2017. That's with Republicans in control of the House and Senate. The national debt is now almost $22 trillion.

“The whistleblower, a career IRS employee, has alleged that at least one political appointee at the Treasury Department may have tried interfering with the audit of President Trump or Vice President Pence.”

Walmart announces great numbers. No impact from Tariffs (which are contributing $Billions to our Treasury). Inflation low (do you hear that Powell?)!

I have just instructed the Secretary of the Treasury to substantially increase Sanctions on the country of Iran!

Tariffs on the “dumping” of Steel in the United States have totally revived our Steel Industry. New and expanded plants are happening all over the U.S. We have not only saved this important industry, but created many jobs. Also, billions paid to our treasury. A BIG WIN FOR U.S.

Watch Trump’s treasury secretary learn the hard way not to f*ck with Maxine Waters

Our governent is shut down & federal workers are going WITHOUT PAY, meanwhile Treasury Secretary is playing golf on the beach on Cabo San Lucas with full SECRET SERVICE DETAIL. HOW DOES THAT WORK? (I’m pretty sure he is not there to collect payment for the wall)

UPDATE: We may vote on the Republican tax bill TONIGHT. We don't have the final bill. We don't have analysis from the Joint Committee on Taxation as to whether or not the bill would boost the economy. We don't have a Treasury Department analysis. This is OUTRAGEOUS!